|Home||About Striker||Trading Systems||Managed Futures||Investor Resources||Open Account||Disclaimer|
Daily Market MoversThe following news stories, economic reports, and statistical tables are selected and compiled by founder John F. Gallwas, who has been an active participant in the financial service industry since January of 1958.
FridayBB: Japan’s April CPI (ex fresh food) fell less than expected at -0.3% from a year earlier, as central bank Governor Haruhiko Kuroda continues to struggle to spur inflation with record asset purchases and negative interest rates.
ThursdayBB: April Durable Goods Orders were higher than expected at +3.4%, but ex aircraft worse than forecast at -0.8%, indicating American manufacturers continue to pull back.
BB: Initial Claims for the week ended 5/21 were lower than expected, but the 4-week moving average moved up to 278,500 vs 275,750
WednesdayBB: China has put the world’s traditional financial centers on notice that it wants to develop its raw material markets as hubs for setting prices, seeking to marry the country’s commercial heft with a much greater say in determining how much commodities cost
TuesdayBB: Purchases of new homes in the U.S. surged more than expected in April by 16.6% and to the highest level since the start of 2008, pointing to a robust spring selling season for builders.
BB: As European finance ministers gathered in Brussels to decide on the next bailout payment to Greece, the International Monetary Fund has come up with a solution to reduce financing costs that may leave the bond market with indigestion. +++++
BB: Charlene Chu, a banking analyst who made her name warning of the risks from China’s credit binge, said a bailout in the trillions of dollars is needed to tackle the bad-debt burden dragging down the nation’s economy.
MondayBB: Japan’s April exports fell more than expected by 10.1% and for a seventh consecutive month in April as the yen strengthened, underscoring the mounting challenges to Prime Minister Shinzo Abe’s efforts to revive economic growth.
Economic Reports for the Week ending Friday May 27, 2016
Last Week's Scorecard
* Local currencies
We do not guarantee accuracy of any of the data on this page. If you have any comments or suggestions, please contact William Gallwas or call 800-669-8838
Striker Securities, Inc.
940 N. Industrial Drive
Elmhurst, IL 60126
Contact by Email »
|Copyright © 1997-2016 Striker Securities, Inc. All rights reserved.|
Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not necessarily indicative of future results. Striker is a member of the National Futures Association ("NFA"), the Managed Funds Association ("MFA"), and the National Introducing Broker Association ("NIBA"). Striker is registered with the Commodity Futures Trading Commission ("CFTC"), and was formerly registered with the Securities Exchange Commission ("SEC"). Additionally, Striker is a former member of the Financial Industry Regulatory Authority ("FINRA"), and the Securities Investor Protection Corporation ("SIPC"). FINRA is the largest non-governmental regulator for all securities business in the United States. Please read Striker Disclosure Statement for the additional disclosure.
Futures Trading Disclaimer:
Forex Trading Disclosure: