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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: Japan’s industrial production fell more than forecast in January by -0.8%, raising questions about the sustainability of Japan’s export-driven growth in the second half of 2016. But, Retail sales rose more than expected at +0.5%
MondayBB: Contracts to buy previously owned U.S. homes unexpectedly declined in January by -2.8% vs a revised down +0.8% in December, as higher mortgage rates, elevated prices and a limited number of listings pushed the index to a one-year low.
BB: January Durable Goods Orders were as expected +0.8% vs revised worse -0.8% in December, a sign companies were feeling encouraged to invest at the start of the year as the economy improved, but ex military, they unexpectedly fell 0.4% vs +1.1%
SundayR: Warren Buffett on Saturday mounted a forceful and upbeat defense of the prospects for American business, as his Berkshire Hathaway Inc reported a higher quarterly profit though operating income fell.
Economic Reports for the Week ending Friday March 3, 2017
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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