daytrades september 17 afternoon, page-2

Thanks highlandlad!

1pm - 'Economic news' courtesy reminder time Traders!

Firstly, please note that it is 'Quadruple Witching' in the US this evening!

'Market Focus' in the US this evening

"If consumer prices don't offer any surprises, focus will be improvement for consumer sentiment." [Source: nasdaq.com., Mark Pender]

'Market Reflections' from the last trading session (16.09.2010)

"Thursday's news was mixed. Jobless claims showed improvement though conclusions can't be drawn given Labor Day distortions. Clearly negative were details of the Philly Fed manufacturing report which show increasing contraction in orders. From the company side, Federal Express lowered its outlook saying economic growth is likely to remain slow.

Stocks drifted through the session ending slightly higher on the Dow which closed just below 10,600. The 30-year yield rose slightly to end at 3.93 percent while the dollar index inched lower to 81.22. Dollar/yen ended little changed at Y85.80. Oil fell back two percent to $75.50 while gold firmed slightly to $1,275." [Source: nasdaq.com., Mark Pender]
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Of note in the US this evening:-

Consumer Price Index [ Market moving indicator]
[The Consumer Price Index is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly changes in the CPI represent the rate of inflation.]

Reuters/Michigan Consumer Sentiment Index (Sep) [ Merits extra attention]
[The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).]

Daniel Tarullo speaks
[Federal Reserve Gov. - On panel discussing regulating the shadow banking system at the Brookings Institution in Washington.]

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... AND ...
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Of note in Australia on Monday of next week:-

Please note there is no noteworthy 'Economic news' due to be released in Australia on Monday.

[Sources used: nasdaq.com & fxstreet.com]
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ASX Market Watch (widget snapshot)

... and the DOW futures are currently Up 25 pts atm (Live)!