|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.
SaturdayBB: China will accelerate liberalization of interest rates and encourage a multilayered capital market as the country seeks to adapt to a “new normal” of slower growth, according to an official at the central bank.
FridayBB: China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis.
BB: China revised its 2013 GDP up by 3.4% to 58.8 trillion yuan, according to the results of a nationwide economic census announced today.
ThursdayBB: Initial Claims were lower than expected (see below) moving the 4-week average down to 298,750 vs 299,500
BB: As expected the December Lfo institute's business confidence index rose to 105.5 vs 104.7 in November, in a sign that Europe’s largest economy is overcoming the weakness it hit earlier in the year.
WednesdayWS: The Federal Reserve said it would be patient about raising short-term interest rates in the coming year as it weighs a mix of conflicting signals about the U.S. economy, and retained an assurance that a "considerable time" would pass before rates start going u
BB: The November CPI was lower than expected at -0.3% vs 0.0% in October, due to falling energy prices that signal inflation will stay below the Federal Reserve’s goal heading into 2015. Ex volatile food and fuel as expected at +0.1% vs +0.2%
Gallup: Prior to the recent stock market stumble, U.S. investors' mood remained fairly upbeat, with the quarterly Wells Fargo/Gallup Investor and Retirement Optimism Index coming in at +48 in mid-November, similar to the +46 reading in August.
BB: The People’s Bank of China rolled over at least a portion of a three-month lending facility from September that was set to expire, according to a government official familiar with the matter.
TuesdayBB: November Housing Starts were lower than expected, but still exceeded a 1 million annualized pace for a third consecutive month, continuing a slow recovery in the housing market.
BB The :December preliminary Chinese PMI is lower than expected at 49.5 vs 50.0 in November, suggesting further stimulus is needed to halt a slowdown in the world’s second-largest economy.
MondayBB: November Industrial Production was higher than expected at +1.3% vs a revised up +0.1% in October, as U.S. assembly lines churned out more consumer goods and business equipment, signaling manufacturing is bolstering economic growth. .++++++
BB: The December Japanese Tankan’s big manufacturer index was better than expected at 12, but still down from 13 In November, as a recession offset a boost from a weaker yen, underlining the economic challenges facing Prime Minister Shinzo Abe after his election win.
Economic Reports for the Week ending Friday - December 26, 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: