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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.
TuesdayGallup: Gallup's U.S. Economic Confidence Index dropped six points last week to -21 -- the largest one-week drop since last October, and the lowest weekly index score since December. Americans' outlook for the economy plummeted to an eight-month low
BB Japan's June :retail sales fell more than forecast by 00.6%, capping a weak quarter that challenges Prime Minister Shinzo Abe’s bid to reflate the economy while heaping a heavier tax burden on consumers.
MondayBB: June Pending Home Sales were fewer than forecast at -1.1% vs a revised down +6.0% in May, a sign residential real estate is struggling to strengthen.
BB: Currency traders are detecting the first signs of what they’ve been waiting for all year: a revival in volatility that may help trim their losses.
SundayBB: The gap between yields on Treasury 30-year bonds and five-year notes narrowed to the least since 2009 as uneven economic growth supported demand for longer maturities while Federal Reserve discussions of raising interest rates next year crimped the allure of shorter-term debt.
Economic Reports for the Week ending Friday - August 1, 2014
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
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