Author Topic: Today's Outlook  (Read 840927 times)

Moneypenny

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Re: Today's Outlook
« Reply #120 on: May 08, 2013, 12:54:35 pm »
Mmmm, thought our market up at 1.77% was a tad too over-optimistic considering Nikkei's 0.75%, Shanghai's 0.47%, Hang Seng's 0.85% and now FTSE 0.27%, DAX 0.58% and CAC's 0.71% - get back in line dammit. ;D

Nivek

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Re: Today's Outlook
« Reply #121 on: May 09, 2013, 07:36:12 am »
China CPI prior 2.1% consensus 2.2% actual 2.4%
China PPI prior -1.9% consensus -2.2% actual -2.6%

And Asian markets are marginally down this am.

Moneypenny

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Re: Today's Outlook
« Reply #122 on: May 09, 2013, 07:51:00 am »
You're right, Asia all down and losing steam atm except for Singapore.  South Korea 25 basis points interest rate cut to 2.50%.

10:00  ECB Monthly Report
13:00  BoE Interest rate & QE Total - prev & exp 37B  Edit: No change
14:30  US Initial Jobless Claims  Prev 324K Exp 335K Act 323K
« Last Edit: May 09, 2013, 03:07:11 pm by Moneypenny »

Nivek

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Re: Today's Outlook
« Reply #123 on: May 10, 2013, 07:57:48 am »
Yen down to the 100 per $ level.
Topix index to 4.5 year high, with the nikkei up nearly 3%...
Ben Bernake is speaking today at 15:30, no idea what that'll bring up, then at 8pm we get the US treasury budget

Moonraker

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Re: Today's Outlook
« Reply #124 on: May 13, 2013, 02:38:36 pm »
Retail sales in the U.S. unexpectedly rose in April reflecting broad-based gains that may ease concern consumers are holding back.

The 0.1 percent increase followed a 0.5 percent drop in March, Commerce Department figures showed today in Washington. The median forecast of economists surveyed by Bloomberg called for a 0.3 percent drop. The figures used to calculate growth, which exclude categories such as automobiles, also advanced.

Moneypenny

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Re: Today's Outlook
« Reply #125 on: May 14, 2013, 07:51:53 am »
Patience my sweet, patience.

08:00 German CPI (MoM) Prev & Exp -0.5% Act -0.5%
08:00 German CPI (YoY)  Prev & Exp 1.2% Act 1.2%
11:00 European Industrial Production (MoM) Prev & Exp 0.4%
11:00 German ZEW Economic Sentiment Prev 36.3, Exp 38.8, Act 36.4%
14:30 US Import price index Prev & Exp -0.5%

Nikkei  -0.98%
HSeng  -0.29%
Shang  -1.38%
Sens  +0.37%
Singap +0.23%

Futures DJ +0.07% S&P + 0.08%
IGM @+73

From marketwatch.com:
But Tuesday’s broad gains elsewhere came after S&P rose marginally to set a fresh closing record Monday, while the Dow industrials retreated, with investors considering the Federal Reserve’s reported exit strategy from its quantitative-easing program.

“Although recent central-bank policy has distorted market prices in equities and bonds, it seems unlikely that the U.S. Fed will reduce its asset-purchase program until the second half of the year,” said Perpetual head of investment market research Matthew Sherwood.

« Last Edit: May 14, 2013, 04:08:09 pm by Moneypenny »

Nivek

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Re: Today's Outlook
« Reply #126 on: May 14, 2013, 03:25:48 pm »
US Export Prices prev -0.5% consensus -0.1% actual -0.7%
US Import Prices prev -0.2% consensus -0.5% actual -0.5%

Busy day tomorrow, GDP figures for France, Germany, Italy, EU, GB labour market report, US PPI, Industrial production and the housing market index. Phew.

Moneypenny

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Re: Today's Outlook
« Reply #127 on: May 15, 2013, 07:35:03 am »
Jubilation all over the world, again ::).   Asia up, futures up, IGM up, economy down, oh joy. 

France's economy contracts 0.4% out just now, translation: France in recession, but hey, happy days.

Edit: Germany YoY GDP prev 0.1%, actual -1.4%, oops.
« Last Edit: May 15, 2013, 08:39:30 am by Moneypenny »

Nivek

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Re: Today's Outlook
« Reply #128 on: May 15, 2013, 08:56:03 am »
Edit: Germany YoY GDP prev 0.1%, actual -1.4%, oops.
WSJ report has different numbers: http://wsj-global.econoday.com/byshoweventfull.asp?fid=457584&cust=wsj-global&year=2013&lid=0&prev=/byweek.asp#top

Released On 5/15/2013 9:00:00 AM For Q1, 2013
               Prior   Prior Revised   Consensus   Actual
Quarter over Quarter   -0.6 %   -0.7 %   0.3 %      0.1 %
Year over Year         0.4 %   0.3 %            -0.2 %
« Last Edit: May 15, 2013, 09:12:06 am by Nivek »

Moneypenny

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Re: Today's Outlook
« Reply #129 on: May 15, 2013, 09:09:59 am »
http://www.investing.com/economic-calendar/

08:00     EUR         German GDP (YoY)      -1.4%   0.2%   0.1%
08:00     EUR         German GDP (QoQ)  0.1%   0.3%   -0.7%

Nivek

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Re: Today's Outlook
« Reply #130 on: May 15, 2013, 09:25:08 am »

Moonraker

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Re: Today's Outlook
« Reply #131 on: May 15, 2013, 03:42:41 pm »
Separately, the Empire Manufacturing Survey for May registered a reading of -1.43, which was down from the prior month's reading of 3.1. Economists polled by Briefing.com had expected that the survey would rise to 3.5.

Just reported, April industrial production fell 0.5%, which was worse than the 0.2% downtick that had been expected by the Briefing.com consensus. Meanwhile, capacity utilization hit 77.8%, which was worse than the 78.3% expected by the Briefing.com consensus.


Also US 10 yr. Treasury yields dropped. So, the hunt for yield remains and equities should be OK for now - Let's hope we aren't heading for a deflationary scenario in the US !

Moneypenny

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Re: Today's Outlook
« Reply #132 on: May 16, 2013, 08:17:38 am »
EUR CPI @ 11:00, US CPI & Initial Jobless Claims @ 14:30, US futures down, Asia mixed, IGM +75




jaDEB

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Re: Today's Outlook
« Reply #133 on: May 16, 2013, 02:27:15 pm »
Rant at R9.37 to dollar ..... :o :o
jaDEB

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

Nivek

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Re: Today's Outlook
« Reply #134 on: May 17, 2013, 07:48:04 am »
Rant at R9.37 to dollar ..... :o :o

Going overseas is getting really expensive... the rest of the world will just have to come to us :)

I see the Nikkei is now comfortably over the 15100 mark. Hard to believe it was under 8700 as recently as November.