Tag Archives: economic news

MBA Purchase Applications – Housing Market, Housing News, Economic News,Trading news

Low interest gates gave a big boost of 13.2% to mortgage refinances; this makes for a 33% rise over the last 5 weeks. However, new mortgage applications were down 3.2% and there is still not as much buying demand to signal any kind of bottom at this point.  The composite index came in at 7.8%… read more

Industrial Production : Economic News, Economic Reports, Economic Calendar, Trading News

Production came in at 0.0%  Consensus was looking for 0.4%  Prior  was 0.8% Capacity Utilization Rate-Level came in at 76.9% Consensus was looking for 77.6%  Prior was 77.4%… read more

Housing Starts rebound 7.2% – Economic news, Trading News, Futures Trading

Housing starts which are noted at the start of a new build of residential building, rose 7.2% in March.  This was much needed after the 18.5% decline in February.  The yearly annualized pace was down 13.4% from last year. However, March’s rise was due to 7.7% increase in single family starts and housing permits which gained 11.2%.… read more

Opening Grain Calls : Futures Trading, Commodity Trading, Futures Trading Brokerage Firm, Futures Brokers

Wheat called 8 to 10 cents higher Corn called 7 to 8 cents higher Soybeans 7 to 8 cents higher Weather condition could slow planting of crops… read more

Consumer Price Index:Futures Trading, Commodity Trading, Futures Trading Brokerage Firm, Futures Brokers

Released on 5/13/2011 8:30:00 AM For Apr, 2011 Prior Consensus Consensus Range Actual CPI – M/M change 0.5 % 0.4 % 0.3 % to 0.6 % 0.4 % CPI less food & energy 0.1 % 0.1 % 0.1 % to 0.3 % 0.2 % CPI was up .4% but was down .1% from March. Aprils gain was right on with what they were expecting.… read more

Opening Grain Calls:Futures Trading, Futures News, Futures Trader, Commodity Trading, Commodity News, Commodities Trader

Soybeans 16-18 cents lower Corn 17-18 cents lower Wheat 20-21 cents lower Grains are called lower based on over night trading and carry over form yesterday.… read more

Retail Sales- Futures Trading, Commodity trading, Futures Trading news, Futures Trading Brokerage Firm

Released on 5/12/2011 8:30:00 AM For Apr, 2011 Prior Consensus Consensus Range Actual Retail Sales – M/M change 0.4 % 0.6 % 0.2 % to 1.2 % 0.5 % Retail Sales less autos – M/M change 0.8 % 0.6 % 0.2 % to 1.5 % 0.6 % Retail sales in April gained 0.5 percent, following a revised 0.9 percent increase in March.    March was revised upward significantly from… read more

Grain Called Lower After Report – Futures Trading, Commodity Trading, Futures Brokers, Futures Trading Brokerage

Soybeans called 15-20 cents lower USDA’s May supply/demand report. USDA 2010/11 U.S. soybean ending stocks at 170 million bushels, above an average of analysts’ estimates for 137 million, and 2011/12 ending stocks at 160 million, below an average of analysts’ estimates for 167 million. Wheat called 10-15 cents lower The U.S. Agriculture Department 2011 U.S.… read more