Initial claims jumped 25,000 in the April 23 week to 429,000 above expectations (prior week revised 1,000 higher to 404,000). The Labor Department said layoffs in the auto sector were isolated and not a major factor. The four-week average rose a steep 9,250 to 408,500 and is nearly 15,000 above the month-ago level.… read more
Tag Archives: economic news
EIA Petroleum Status Report April 27, 2011 – Commodity Trading, Futures Trading, Commodity Futures Trading, Economic News
Released on 4/27/2011 10:30:00 AM For wk4/22, 2011 Prior Actual Crude oil inventories (weekly change) -2.3 M barrels 6.2 M barrels … read more
Durable Goods Orders – Futures Trading, Trading News, Economic News, Economic Calendar
Today’s Durable goods report showed some sizable increase. New Factory orders rose 2.5% in march after 0.7 % increase in the month prior. Prior Consensus Consensus Range Actual New Orders – M/M change -0.9 % 1.9 % 0.5 % to 3.0 % 2.5 % Ex-transportation – M/M -0.6 % 1.3 % … read more
FED Chairman Press Conference Today April 27, 2011 – Futures Trading, Trading, Trading News, Economic News, Economic Calendar
FED Chairman Ben Bernanke will give his first press conference after the conclusion of the FOMC meeting this afternoon. Traders Should be prepared for the outcome of the FOMC and to listen to Bernanke’s press conference.… read more
MBA Purchase Applications for April 27, 2011 – Economic Calendar, Futures Trading news, trading news, Economic News
According to the Mortgage Bankers Association for the week of April 22, 2011 there was a drop in the number of new applications and refinance application. Overall composite was therefore down. Prior Actual Purchase Index – W/W Change 10.0 % -13.6 % Refinance Index – W/W Change 2.7 % -0.6 % Composite Index – W/W Change 5.3 % -5.6 % … read more
Economic Calendar for Tomorrow April 27, 2011 – Economic Reports, Economic News, Trading News, Futures Trading
MBA Purchase Applications 7:00 AM ET Durable Goods Orders 8:30 AM ET EIA Petroleum Status Report 10:30 AM ET 5-Yr Note Auction 11:30 AM ET FOMC Meeting Announcement 12:30 PM ET… read more
Consumer Confidence for April 26, 2011 – Futures Trading News, Trading News, Economic Calendar, Economic news
Released on 4/26/2011 10:00:00 AM For Apr, 2011 Prior Consensus Consensus Range Actual Consumer Confidence – Level 63.4 65.0 63.0 to 65.0 65.4 … read more
S&P Case-Shiller HPI for April 26, 2011 – Trading News, Economic News/reports, Economic Calendar, Futures Trading News
Released on 4/26/2011 9:00:00 AM For Feb, 2011 Prior Actual 10-city, not SA – M/M change -0.9 % -1.1 % 10-city, Seas. Adj. – M/M change -0.2 % -0.2 % 10-city, not SA – Yr/Yr change -2.0 % -2.6 % … 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
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