|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: As expected the October Euro-area inflation was +0.4% from a year earlier vs +0.3% in September., offering some reprieve to European Central Bank policy makers struggling to prevent a spiral of price declines.
WS: The Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in more than a year and a half, as its 2% inflation target looks increasingly untenable.
BB: Japan's September CPI was as expected +3.0%, underlining the challenge to central bank chief Haruhiko Kuroda’s efforts to reflate the world’s third-biggest economy.
ThursdayBB: 3rd Q GDP was estimated to be better than expected at +3.5% vs +4.6% in the 2nd Q , as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases.
BB: October German unemployment unexpectedly declined 22K to 2.887M, dropping the most in six months in a sign of companies’ confidence in the underlying strength of Europe’s largest economy. The adjusted jobless rate was unchanged at 6.7%, the lowest level in more than two decades. +++++
BB: Central banks around the world are giving investors the green light to buy the dollar, pushing it to a three-week high against its major counterparts after the Federal Reserve ended its bond-purchase stimulus program.
WednesdayWS: The Federal Reserve on Wednesday said it would stop its long-running bond-purchase program at the end of October, ending a historic experiment that has stirred debate about its effects in markets even though the central bank said the policy accomplished its main goal of reducing unemployment.
BB: Japanese September industrial production was better than expected at +2.7% from the previous month, and the most since January, in a sign that companies are recovering from the blow of a higher sales tax.
TuesdayBB: The October Consumer Confidence index was lower than expected but still at a seven-year high of 94.5 vs a revised up 89.0 in September, as gasoline prices dropped and the job market improved.
BB: Home prices in 20 U.S. cities rose a little more than expected at +5.6%, as borrowing standards remain tight and wage gains fail to accelerate. Nationally, prices rose 5.1% year-to-year after a 5.6% gain in July
BB: September Durable Orders were worse than expected at -1.3% vs 1.8.3% in August, on waning demand for machinery and computers that signals companies are reluctant to invest in updating equipment.
MondayBB: September Pending Homes sales were less than expected at +0.3% vs -1.0% in August, showing housing will take time to gain momentum.
BB: The German October Ifo business confidence index was lower than expected at 103.2 vs 104.7 in September, as the specter of a recession haunts Europe’s largest economy.
Economic Reports for the Week ending Friday - October 31, 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
Striker Securities, Inc.
940 N. Industrial Drive
Elmhurst, IL 60126
Contact by Email »
|Copyright © 1997-2014 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: