by admin | Aug 9, 2018 | Uncategorized
Sep E-mini stock futures this morning are up +1.50 points (+0.05%) and European stocks are down -0.36% in mixed trade. Strength in commodity producers and mining stocks is lifting the overall market with Sep COMEX copper up +2.04% at a 1-week high. Speculation the...
by admin | Aug 9, 2018 | Uncategorized
US 0830 ET Weekly initial unemployment claims expected +2,000 to 220,000, previous +1,000 to 218,000. Weekly continuing claims expected +6,000 to 1.730 million, previous -23,000 to 1.724 million. 0830 ET Jul PPI final demand expected +0.2% m/m and +3.4% y/y, Jun +0.3%...
by admin | Aug 9, 2018 | Uncategorized
PPI expected to remain at 6-3/4 year high Unemployment claims expected to remain very favorable 30-year T-bond auction expected to yield near 3.12% Italian bond spread is near a 6-week high on budget worries PPI expected to remain at 6-3/4 year...
by admin | Aug 8, 2018 | Uncategorized
Sep E-mini stock futures this morning are little changed, up +1.00 point (+0.03%), and European stocks are up +0.13%. Gains in stocks were limited on escalation of China/U.S. trade tensions after the U.S. said it will impose a 25% tariff on an additional $16 billion...
by admin | Aug 8, 2018 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous -2.6% to 353.1 with purchase sub-index down -3.1% to 237.9 and refi sub-index down -1.7% to 971.3. 0845 ET Richmond Fed President Tom Barkin (voter) speaks at an event in Roanoke, VA. 1030 ET EIA weekly Petroleum...