by admin | Aug 22, 2018 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous -2.0% to 335.8 with purchase sub-index -3.3% to 225.5 and refi sub-index unch at 927.5. 1000 ET Jul existing home sales expected +0.4% to 5.40 million, Jun -0.6% to 5.38 million. 1030 ET EIA weekly Petroleum Status...
by admin | Aug 22, 2018 | Uncategorized
Markets wait to see if Chinese negotiators bring a sufficient concession offer to the trade talks that begin today FOMC minutes could provide policy hints US existing home sales expected to stabilize after 3-month decline Weekly EIA report Markets wait...
by admin | Aug 21, 2018 | Uncategorized
Sep E-mini stock futures this morning are up +5.50 points (+0.19%) at a 6-1/2 month high and European stocks are up +0.70%. A 1% gain in Apple in pre-market trading is leading technology stocks higher after Bank of America/Merrill Lynch raised their price target on...
by admin | Aug 21, 2018 | Uncategorized
US n/a No economic reports or Fed speakers scheduled. JPN 0130 ET Japan Jul nationwide department store sales, Jun +3.1% y/y. 0200 ET Revised Japan Jul machine tool orders, prelim-Jul +13.0% y/y. UK 0430 ET UK Jul public sector net borrowing expected -2.0 billion...
by admin | Aug 21, 2018 | Uncategorized
Jackson Hole conference could provide new Fed policy hints Jackson Hole conference could provide new Fed policy hints — The 3-day Fed symposium that begins this Thursday in Jackson Hole will be watched carefully for any clues about the...