Thanks highlandlad!1pm - 'Economic news' courtesy reminder time Traders!
'Market Focus' in the US this evening
"Watch for comments out of the Beige Book on jobs and housing." [Source: nasdaq.com., Mark Pender]
'Market Reflections' from the last trading session (19.10.2010)
"An unexpected rate increase out of China sent a chill through the financial markets. The Dow industrials lost 1.5 percent to 10,978. Gold plunged deeply, down $40 to $1,332 to set up what the bulls are hoping will be a powerful rally back to hold highs. Oil fell $4 to $79. Money moved into the safety of Treasuries but only to a limited degree with the 30-year yield down 4 basis points to 3.91 percent. The dollar got a boost from jawboning by U.S. officials, gaining 1.7 percent on the dollar index to 78.27." [Source: nasdaq.com., Mark Pender]
______________________________________________________
Of note in the US this evening:-- EIA Petroleum Status Report [
Merits extra attention]
[The Energy Information Administration (EIA) provides weekly information on petroleum inventories in the U.S., whether produced here or abroad. The level of inventories helps determine prices for petroleum products.]- Fed's Beige Book [
Moderate volatility expected]
[The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.]- Jeffrey Lacker speaks
[Richmond Federal Reserve Bank President - Opening remarks to a journalism workshop at the University of Maryland.]- Charles Plosser speaks
[Philadelphia Federal Reserve Bank President - Speech on incentives and regulation to the Union League in Philadelphia.]- MBA Purchase Applications
[The Mortgage Bankers' Association compiles various mortgage loan indexes. The purchase applications index measures applications at mortgage lenders. This is a leading indicator for single-family home sales and housing construction.]
______________________________________________________
... AND ...
______________________________________________________
Of note in Australia tomorrow:-- RBA Foreign Exchange Transaction (Sep)
[The Foreign Exchange Transactionreleased by the Reserve Bank of Australia shows the movements of the exchange of the AUD for others, likewise others for the AUD. It indicates the climate of foreign investors into the AUD itself. This event causes volatility in the AUD. Generally, an increasing number of investments is seen as positive prospect of the Australian economy (or bullish sentiment for the AUD).]
[Sources used: nasdaq.com & fxstreet.com]
______________________________________________________
ASX Market Watch (widget snapshot)
Gold Spot Price atm (Kitco)- ... and the DOW futures are currently Down 6 pts atm (Live)!
- Forums
- ASX - Day Trading
- daytrades oct 20 afternoon
daytrades oct 20 afternoon, page-2
-
- There are more pages in this discussion • 195 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)