Author Topic: Today's Outlook  (Read 494646 times)

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #255 on: August 02, 2013, 10:08:16 am »
Green across the board, IGM T40 +88 loosing some traction now. 

A lot of new highs yesterday to name a few, SOL, TKG, JSE with Richemont and Mondi consecutive days and SA T40 just missed it.  Consecutive new low for Capitec and Abil also on the bandwagon.

Non-farm & unemployment numbers today in US 14:30.

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: Today's Outlook
« Reply #256 on: August 02, 2013, 03:19:42 pm »
OK, so down again in Europe because of, amongst other data, poor US payroll figures :-
Quote
The S&P 500 futures have surrendered their gains in reaction to the latest set of economic data.

July nonfarm payrolls came in at 162K versus the 175K expected by the Briefing.com consensus. Nonfarm private payrolls added 161K against the 195K consensus. The unemployment rate was reported at 7.4%, while the Briefing.com consensus expected the rate to tick down to 7.5% from 7.6%.

Hourly earnings declined 0.1% while the Briefing.com consensus expected an uptick of 0.2%. Average workweek was reported at 34.4, which was below the Briefing.com consensus, which expected a reading of 34.5.

June personal income rose 0.3% while the Briefing.com consensus expected an uptick of 0.5%. Meanwhile, personal spending increased 0.5%, above the Briefing.com consensus, which called for an uptick of 0.4%.

Lastly, core PCE prices ticked up 0.2%, in-line with the Briefing.com consensus.


Fcukdat - what a traders market - and I am not one of them.  :'(

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #257 on: August 06, 2013, 08:02:39 am »
Gold at $1288, ouch, Asia mostly red, futures red, IG T40 -74.  A short day then. >:D

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #258 on: August 07, 2013, 08:53:58 am »
 Asia red with Nikkei @ -4.00%, US futures down, gold down, IGM T40 @ -155 and why is that? Say with me class:  Because:

20:30 US Fed Bernanke Speaking
11:30 BoE Inflation report

Are we learning yet?

Hope you are short again. :)

AVM

  • I've just arrived
  • *
  • Posts: 34
  • Karma: +1/-0
    • View Profile
Re: Today's Outlook
« Reply #259 on: August 07, 2013, 09:23:33 am »
Are we learning yet?
Yes Ms. Moneypenny  ;)

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #260 on: August 07, 2013, 11:53:45 am »
FTSE made huge spike up after BoE keeps interest rate and bond buying steady until unemployment is 7%, we went down, now they are back down again en we spike up. Confused much AVM?

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #261 on: August 08, 2013, 08:04:15 am »
Why is the Nikkei's movement different than Hang Seng i.e N down 1.27% and HS up 0.4% ?
jaDEB

If it scares you, it's a sign you need to do it

Soutie

  • I've just arrived
  • *
  • Posts: 9
  • Karma: +1/-0
    • View Profile
Re: Today's Outlook
« Reply #262 on: August 08, 2013, 08:42:37 am »
Hey JaDeb
Nikkie still adjusting to their version of QE my guess

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #263 on: August 08, 2013, 11:56:27 am »
Hello Soutie, you bring your pebbles with ... ?
jaDEB

If it scares you, it's a sign you need to do it

Soutie

  • I've just arrived
  • *
  • Posts: 9
  • Karma: +1/-0
    • View Profile
Re: Today's Outlook
« Reply #264 on: August 08, 2013, 01:28:03 pm »
Yeah..! After Andy Murray winning Wimbledon  :'( ( scottish feck ) I now use a racket, gets much further.

I'm making friends with neighbours further down the road now.

Anyway currently long VOD based on this little breakout.

Cheers  ;D

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4534
  • Karma: +30/-3
    • View Profile
Re: Today's Outlook
« Reply #265 on: August 08, 2013, 02:43:52 pm »
 :LHST:
jaDEB

If it scares you, it's a sign you need to do it

Moonraker

  • Hero Member
  • *****
  • Posts: 1095
  • Karma: +31/-0
    • View Profile
Re: Today's Outlook
« Reply #266 on: August 08, 2013, 03:09:16 pm »
Quote
South African manufacturing growth unexpectedly slowed in June, undermining the outlook for Africa’s biggest economy.

Factory output expanded 0.4 percent, down from a revised 2.1 percent in May, Statistics South Africa said on its website. The median estimate in a Bloomberg survey of 11 economists was 4.3 percent. Output contracted 3 percent in the month.

2013-08-08   12:00 PM    South Africa     Manufacturing Production YoY     2013-06-30     0.4%     2.1%(previous revised)

Orca

  • Hero Member
  • *****
  • Posts: 2274
  • Karma: +54/-3
    • View Profile
Re: Today's Outlook
« Reply #267 on: August 08, 2013, 03:17:15 pm »
So will this hit the Indi sector? Perhaps all sectors. :-[
I started here with nothing and still have most of it left.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #268 on: August 12, 2013, 07:57:39 am »
Japan is only Asian market down atm (Nikkei - 0.70%) after worse than expected QoQ GDP earlier this morning. Shanghai (+1.69%) & Hang Seng (+1.90%) after newspaper 'South China Morning Post' reported that Beijing was 'quietly offering financial stimulus' to key cities and provinces to support local economies.

On the local front MON posted a 48% jump in first-half earnings with yet another new high reached on Thursday, also new highs for NAS, MTN, SOL, TKG (please add if you want to, I'm only watching those I'm interested in) with Harmony and Nuworld reaching new lows. 

IGM T40 +100 atm, gold futures up.

No further significant eco reporting for today.

Seems like a long day.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Today's Outlook
« Reply #269 on: August 12, 2013, 08:59:32 am »
So will this hit the Indi sector? Perhaps all sectors. :-[

Don't think so, SA economic data doesn't affect our market for too long, actually doesn't affect rest of the world's markets either :'(, our data insignificant.