* Initial jobless claims fall 21,000 last week * Claims lowest in three months * Continuing claims lowest in nearly two years WASHINGTON, Oct 28 (Reuters) – New U.S. claims for unemployment benefits fell last week to a three-month low, hinting at some improvement in the listless labor market. Initial claims for state unemployment benefits… read more
Livestock
Market news to Watch – 10/11/2010-10/15/2010: Futures News
Five Market Changers to Watch This Week ________________________________________ • Fed chief speaks: Ben Bernanke, chairman of the Federal Reserve, will speak early Friday morning (8:15 a.m.) on “monetary policy in a low inflation environment.” Reaction to the speech could be strong. Experts expect the dollar to regain ground next week in light of its decline… read more
Initial jobless Claims 9/30/2010 – Futures News
WASHINGTON (AP) — Applications for jobless benefits dropped last week for the third time in four weeks, a sign that employers are cutting fewer jobs. The Labor Department says that initial claims for unemployment aid fell by 16,000 to a seasonally adjusted 453,000. Wall Street analysts had expected a smaller drop. The decline returns jobless… read more
Initial Jobless Claims 9/23/2010 -Futures News, Jobless Claims Unexpectedly Rise
WASHINGTON, Sept 23 (Reuters) – New U.S. claims for unemployment benefits rose unexpectedly last week, government data showed on Thursday, highlighting continued labor market weakness. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 465,000, the Labor Department said, breaking two straight weeks of declines. Analysts polled by Reuters had forecast claims… read more
Market news to watch for 9/20/2010-9/24/2010
Five Stock Market Changers to Watch This Week Featured Story: Study: Americans $6.6 Trillion Short of What They Need for Retirement ________________________________________ • Interest rates: The Fed will announce benchmark U.S. interest rates on Tuesday (2:15 p.m.). The rate itself is likely to stay at virtually zero, but investors will watch language the committee uses… read more
CPI 9/17/2010 – Futures News
Consumer prices rise 0.3 percent in August By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Consumer prices posted a small rise in August, but outside of a big jump in volatile gasoline prices, inflation was essentially flat. Consumer prices edged up 0.3 percent in August, matching the July increase, the Labor Department said Friday.… read more
PPI 9/16/2010 – Futures News, Futures Broker
WASHINGTON, Sept 16 (Reuters) – U.S. producer prices rose slightly more than expected in August as energy prices recorded their first increase since March, government data showed on Thursday, calming fears of deflation for now. The Labor Department said the seasonally adjusted index for prices paid at the farm and factory gate increased 0.4 percent,… read more
Initial jobless Claims (9/16/2010) – Futures News, Futures Broker
WASHINGTON, Sept 16 (Reuters) – U.S. claims for unemployment benefits unexpectedly fell last week, dropping to a two-month low, according a government report on Thursday that hinted at some stability in the labor market. Initial claims for state unemployment benefits slipped 3,000 to a seasonally adjusted 450,000, the lowest since the week ended July 10,… read more
Swing trade strategy – Long Lean Hogs signal surges higher…when and where is the next objective? [chart]
The TMV Swing Trade Report is currently long October Lean Hogs @ 77.47. The swing trade signal was based off the longer-term coiling pattern with a bullish reaction swing at the apex.The market surged out of the reaction swing and the “energy building” coiling pattern during Tuesday’s session. This price action suggests Hogs should continue to advance into… read more
Futures News -Unemployment (9/3/2010)
By Lucia Mutikani WASHINGTON, Sept 3 (Reuters) – U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth. Nonfarm payrolls fell 54,000, the Labor Department said on Friday as… read more