Be prepared for Economic Reports for April 27, 2011 – Futures Trading News/Trading News/Economic Calendar

Traders should be prepared for ICSC-Goldman Store Sales set to be released at 7:45am ET.  This report is a weekly measurement of comparable store sales at major retail chains.  It is estimated that it accounts for roughly 10% of total sales. Why should you care? – Consumer spending is estimated to account for nearly two-thirds of the… read more

FOMC Meeting Begins Today April 26, 2011 – Futures Trading News/Economic Calendar/Economic News

The Federal Open Market Committee begins their two day meeting to discuss our Monetary Policy.  They cover a variety of concerns such as inflation and overall economic strength.  They will then disseminate their decisions to the public on April 27, 2011 in regards to whether interest rates should be raised, lowered or left unchanged.   Traders/Investors… read more

Economic Reports for Tomorrow April 26, 2011 – Trading News, Futures Trading News, Economic Calendar

Traders should be prepared for the following reports for April 26, 2011 – Economic Calendar for April 26, 2011 – FOMC Meeting Begins ICSC-Goldman Store Sales 7:45 AM ET Redbook 8:55 AM ET S&P Case-Shiller HPI 9:00 AM ET Consumer Confidence 10:00 AM ET State Street Investor Confidence Index 10:00 AM ET 4-Week Bill Auction 11:30 AM ET 2-Yr Note Auction… read more

China Discusses liquidating $2 Trillion U.S. dollar reserves – Economic News

The Chinese Government has started hinting that they may begin to liquidate their vast amounts of U.S. treasuries.  Such action could be detrimental to the US dollar and in turn it would potentially cause a spike in bond yields and take the legs out from under already fragile housing market.  The Chinese are one of… read more

New Homes Sales – April 25, 2011

Sales of new single-family houses in March 2011 adjusted to an annual rate of 300,000 according to U.S. Census Bureau and the Department of Housing and Urban Development.  This number is 11.1 percent (±21.7%)* above the revised February rate of 270,000, However it is still 21.9 percent (±10.3%) below the March 2010 estimate of 384,000. The… read more

Silver Gaps Higher Making New Highs Over night – Trading Commodity Futures Markets

After the long holiday weekend, Sunday nights market opening gapped high and set off an a robust surge in the Silver market: May silver posted a high of 4982.0 July Silver posted a high of 4984.5 Sept. Silver posted a high of 4951.0 Dec. Silver posted a high of  4981.0 This morning we have watched… read more

Economic Calender – For Monday April 25, 2011

Traders should be prepared for the following reports on Monday April 25, 2011: New Home Sales 10:00 AM ET 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET   Traders Should also be prepared for Sunday nights opening.  Three day/long weekends can lead to anxiousness from traders and volatility come Sunday… read more

Jobless Claims rise by 27,000 in April 9 week.

Released on 4/21/2011 for the week of 4/16/2011   Initial Jobless Claims rose by 27,000 dollars in the week of April 9th reaching a total of 412,000 claims.   Why should investors care? Jobless claims are a compilation of weekly unemployment insurance filings by individuals who are filing for the first time. The ebb and flow of these number… read more