Thanks highlandlad!1pm - 'Economic news' courtesy reminder time Traders!
'Market Focus' in the US this evening
"A busy week for the calendar starts off quietly." [Source: nasdaq.com., Mark Pender]
'Market Reflections' from the last trading session (10.09.2010)
"The Dow edged slightly higher to 10,462 in quiet Friday trading. The only economic news was wholesale inventories which continue to rise faster than sales in what may be a negative indication for future employment. Oil rose three percent to $76.50 in reaction to a pipeline break in the Midwest. Yields edged higher with the 30-year ending the week at 3.87 percent. The dollar was little changed as was gold." [Source: nasdaq.com., Mark Pender]
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Of note in the US this evening:-- Treasury Budget [
Merits extra attention]
[The U.S. Treasury releases a monthly account of the surplus or deficit of the federal government. Changes in the budget balance of the annual fiscal year (which begins in October) are followed as an indicator of budgetary trends and the thrust of fiscal policy.]- 4-Week Bill Announcement; 3-Month Bill Auction; and 6-Month Bill Auction
[Treasury bills are sold at public auctions every week.]
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... AND ...
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Of note in Australia tomorrow:-- National Australia Bank's Business Confidence (Aug)
[The National Australia Bank Business Confidence is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. A positive economic growth anticipates bullish movements for the AUD, whereas a negative growth is seen as bearish.]- National Australia Bank's Business Conditions (Aug)
[The NAB�s Business Conditions released by the National Australia Bank looks at trading, profitability and employment conditions in Australia. It serves as an indicator of overall economic situation in the short term. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).]
[Sources used: nasdaq.com & fxstreet.com]
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ASX Market Watch (widget snapshot)- ... and the DOW futures are currently Up 71 pts atm (Live)!
