|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.
TuesdayBB: As expected June Factory Orders rebounded strongly by +1.8% vs a revised down -1.1%, on strong demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector.
R: Oil prices steadied at $50 a barrel after a 5% drop and badly bruised commodity and Chinese markets were calmer generally on Tuesday, as investors attempted to shake off the recent turbulence.
BB: Some Chinese brokerages have halted their short-selling businesses after the nation’s regulators tightened rules to freeze out day traders in a fresh bid to arrest a stock-market plunge.
MondayGallup: Americans' self-reports of spending averaged $91 in July, similar to June and essentially matching readings back to April. The latest average is slightly lower than in July 2014, but higher than every other July average since 2009.
BB: June Person al Spending was as expected at +0.4% vs a revised down +0.7% in May, capping a quarterly performance for the biggest part of the economy.
BB: Greece's main stock index fell 23% after the market reopened for the first time in five weeks.
BB: The Shanghai Composite Index slid 2.2% to 3,581.17 at 9:42 a.m., the biggest loss since July 8, as technology and energy companies slumped
SundayBB: The official Chinese July PMI was lower than expected at 50.0 vs 50.2 in June, signaling that months of easier monetary policy have yet to kick in and putting pressure on the country’s leadership to take further action.
Economic Reports for the Week ending Friday - August 7, 2015
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 © 1997-2015 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: