by admin | Jul 20, 2018 | Uncategorized
Next week’s US/EU meeting on auto tariffs poses market risks Fed may accelerate rate hikes in response to President Trump’s criticism of higher interest rates Next week’s US/EU meeting on auto tariffs poses market risks —...
by admin | Jul 19, 2018 | Uncategorized
US 0830 ET Weekly initial unemployment claims expected +6,000 to 220,000, previous -18,000 to 214,000. Weekly continuing claims expected -10,000 to 1.729 million, previous -3,000 to 1.739 million. 0830 ET Jul Philadelphia Fed business outlook survey expected +1.6 to...
by admin | Jul 19, 2018 | Uncategorized
Chinese authorities allow the yuan to fall to new 1-year low U.S. unemployment claims expected to remain very favorable LEI expected to indicate continued U.S. economic strength Higher 10-year TIPS yield illustrates improved U.S. economy Chinese...
by admin | Jul 18, 2018 | Uncategorized
Sep E-mini stock futures this morning are up +0.25 points (+0.01%) at a 5-1/2 month high and European stocks are up +0.63% at a 1-month high. A rally in automakers is leading the overall market higher on the report that European Commission President Jean-Claude Junker...
by admin | Jul 18, 2018 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous up +2.5% to 372.6 with purchase sub-index up +6.5% to 261.5 and refi sub-index down -3.8% to 958.5. 0830 ET Jun housing starts expected -2.2% to 1.320 million, May +5.0% to 1.350 million. Jun building permits...