Market News

[weatherweenie]

Industrial production slips 0.1% in December, vs up 1.3% in November

 

[weatherweenie]

Consumer sentiment hits 98.2 in January vs. 94.1 estimate

 

[RealMoneyIssues]

Consumer sentiment hits 98.2 in January vs. 94.1 estimate

Wow:

 

[nnuut]

This is where the EURO should be, right below the DOLLAR $$$$$$, it's about time!
[h=1]As Euro Slides, Strategists Cut Forecasts[/h] [h=2]Some Investors See Single Currency Falling to Parity With U.S. Dollar[/h]
By Tommy Stubbington and
James Ramage

Updated Jan. 23, 2015 5:44 p.m. ET


Rip up your euro forecasts.
A day after the European Central Bank unveiled its bond-buying program, the single currency still was in free fall, blowing past analysts’ expectations for how low the euro can go.
Some investors now say the euro could fall to the point where it is on equal footing with the U.S. dollar for the first time since it climbed above the buck in late 2002. [more]
As Euro Slides, Strategists Cut Forecasts - WSJ

 

[Dutchy]

I thought today's futures were a yawner but yikes ! look at that opening decline ...

 

[weatherweenie]

The Labor Department said on Wednesday its producer price index for final demand dropped 0.8 percent, the biggest drop since the revamped series started in November 2009, after falling 0.2 percent in December.It was the third straight month of decline in the PPI.
In the 12 months through January, producer prices were unchanged, the weakest year-on-year reading since records started in November 2010, after rising 1.1 percent in December.
Economists polled by Reuters had forecast the PPI declining 0.4 percent last month and gaining 0.3 percent from a year ago.

 

[weatherweenie]

US industrial production rose 0.2% in Jan vs. 0.3% increase expected

 

[Viva_La_Migra]

US industrial production rose 0.2% in Jan vs. 0.3% increase expected

We actually have industrial production in the U.S.? I thought everything was made in China!:nuts:

Seriously though, do you think the market will react negatively to this?

 

[weatherweenie]

Companies added 212,000 positions for the month, down from an upwardly revised 250,000 in January and the slowest pace since August 2014, the report filed by ADP and Moody's Analytics showed.
Economists surveyed by Reuters were looking for an increase of 220,000

 

[exnavyew]

[h=2]Why equity market volatility is likely to jump[/h]
Kenny's Commentary

 

[jkenjohnson]

Interesting article.Investors just got another wake-up call on the bull market - MarketWatch

 

[weatherweenie]

Initial claims for state unemployment benefits increased by 7,000 to a seasonally adjusted 320,000 for the week ended Feb. 28, the Labor Department said on Thursday. Economists polled by Reuters had expected claims to fall to 295,000 last week.

The four-week moving average for claims, which evens out weekly volatility, rose by 10,250 to 304,750 last week.

In a second report, the department said productivity fell at a 2.2 percent annual rate in the fourth quarter, instead of the 1.8 percent pace it had reported last month.

 

[weatherweenie]

US factory orders fell 0.2% in Jan vs. up 0.2%

 

[nnuut]

[h=1]Fed officials grow more confident they can drop their patience[/h] Published: Mar 10, 2015 7:41 a.m. ET

Fed officials grow more confident they can drop their patience - MarketWatch

 

[weatherweenie]

US retail sales down 0.6% in Feb vs. 0.3% increase expected, after dropping 0.8 percent the prior month.

 

[weatherweenie]

US weekly jobless claims total 289,000 vs 305,000 estimate

 

[weatherweenie]

US Producer Price Index down 0.5% in Feb vs. up 0.3% expected

 

[exnavyew]

[h=1]3 reasons the Fed won't hike in June, even if it loses 'patience' this week[/h]
https://finance.yahoo.com/news/3-re...-it-loses--patience--this-week-150817929.html

 

[weatherweenie]

US GDP unrevised at 2.2 pct in Q4; corporate profits fall

 

[weatherweenie]

Big miss
US added 126K jobs in March, vs 245K expected, jobless rate stays at 5.5%