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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.
TuesdayBB: Federal Reserve officials weighing whether to alter a pledge to keep interest rates low for a “considerable time” might draw inspiration from a decade-old solution.:
BB: Gallup's U.S. Economic Confidence Index measured -16 for the week ending Sept. 14. This is on par with the weekly average of -16 so far in 2014, and is consistent with scores recorded for the past seven weeks
BB: German September investor confidence index dropped to the weakest in 21 months at 6.9 vs 8.6 in August, amid increasing political tension in Europe, even as the European Central Bank steps up its stimulus.
MondayBB: Industrial production in the U.S. unexpectedly declined by -0.1% in August for the first time in seven months as automobile making cooled.
WS: When the Federal Reserve's policy-setting committee gathers this week. It looks likely that, either in its post meeting statement or through Chairwoman Janet Yellen's news conference, it will talk more concretely about when it will raise rates.
SundayBB: China’s August industrial production rose less than expected by +6.9% vs +9.0% in July, adding to evidence the world’s second-biggest economy is losing momentum
Economic Reports for the Week ending Friday - September 19, 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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