Estratégias para Forex

Actualização do mercado TradeTheNews.com nos

Translate Request has too much data
Parameter name: request
Translate Request has too much data
Parameter name: request


Back to The Headlines
Share This Story: | | Email Wednesday, May 25, 2011 11:17:00 AM TradeTheNews.com US Market UpdateDow +30 S&P +3.5 NASDAQ +11
***Economic Data***
- (BR) Brazil May FGV Consumer Confidence: 115.4 v 118.2 prior
- (US) MBA Mortgage Applications w/e May 20th: 1.1% v 7.8% prior
- (TU) Turkey Central Bank Leaves Benchmark Repo Rate at the current level of 6.25%
- (US) Apr Durable Goods Orders: -3.6% v -2.5%e; Durables Ex Transportation: -1.5% v +0.5%e
- (MX) Mexico Apr Preliminary Trade Balance: $767M v $918Me
- (BR) Brazil Apr Current Account: -$3.5B v -$4.9Be; Foreign Direct Investment (FDI): +$5.5B v +$4.5Be
- (MX) Mexico Q1 Current Account: -$1.4B v +$1.6Be
- (US) Mar House Price Index M/M: -0.3% v -0.5%e; Q/Q: -2.5% v -1.2%e
- (US) DOE Weekly Energy Inventories: +615K v -1.5Me; GASOLINE: +3.8M v 0.0e; DISTILLATE: -2.05M v+500Ke; UTILIZATION: 86.3% v 83.5%e

- This morning's April durable goods miss was not wholly unexpected, given the series of weak manufacturing data reports released over the last several weeks. Equity futures ticked down on the data and the three leading indices opened down slightly, although they were all back in positive territory in mid morning trading. Analysts had widely predicted a negative number based on a large but temporary drop in aircraft orders plus trouble in auto manufacturing (due to Japan) in the month. In addition, the prior March data was revised much higher. The decline in the March house price index held no surprises for anyone, and brought the total decline in Q1 to -2.5%. The US Treasury made a small profit on the sale of its AIG stake on Tuesday, with shares sold for $29, just above the $28.73 average needed for the taxpayers' investment to break even. WTI crude is gaining slightly, popping above the $100 handle as chatter makes the rounds that the EPA will immanently announce new fuel economy standards. Spot gold prices are more or less flat on the day, at $1,526.

- Several retail names are moving on quarterly earnings reports. Costco fell a few percent before the open after missing earnings targets thanks to a one-time charge, while revenue was in line. Like BJ's last week, profit margins were hit by more expensive gasoline costs. COST is -2% in the early going. Ralph Lauren opened down 9% after the firm's profits fell short of expectations and executives warned that margins were under heavy pressure from cost inflation. Some vague forward-looking guidance has not helped RL's case either. Shares of RL are down 7% in the early going. American Eagle Outfitters missed revenue expectations and offered soft guidance for the current quarter, although shares of AEO are helping up relatively well. Homebuilder Toll Brothers shot up nearly 6% in the first half hour of trading despite another lousy quarterly earnings report as traders gambled the March house price index might be strong, although it came in rather tepid. TOL is reversing and heading right back for unchanged. Zales spiked nearly 20% on a surprisingly strong quarterly performance, although ZLC is back around +15% mid morning.

- EUR/USD remains below yesterday's highs and seems unable to test above the 1.4100 level in the wake of rumors that the Greek government would call snap elections. Government officials shot down the rumors, although they also warned that a referendum on austerity measures remained on the table. Note that EU Commissioner Maria Damanaki offered her home country some strong words this morning, warning that Greece's membership in the EMU is at risk. EUR/CHF continues to plumb all-time lows below the 1.2350 handle.

*** Looking ahead***
- 12:00 (FR) France Apr Net Change Jobseekers: No est v -21.1K prior; Total Jobseekers: No est v 2.68M prior
- 11:00 (US) Fed to purchase $4-6B in Notes/Bonds
- 13:00 (US) Treasury to sell $35B in 5-Year Notes

Have Market Intel? TradeTheNews.com Tip Line -> Click Here

Wednesday, May 25, 2011 11:17:00 AM

 TradeTheNews.com US Market Update

Dow +30 S&P +3.5 NASDAQ +11
***Economic Data***
- (BR) Brazil May FGV Consumer Confidence: 115.4 v 118.2 prior
- (US) MBA Mortgage Applications w/e May 20th: 1.1% v 7.8% prior
- (TU) Turkey Central Bank Leaves Benchmark Repo Rate at the current level of 6.25%
- (US) Apr Durable Goods Orders: -3.6% v -2.5%e; Durables Ex Transportation: -1.5% v +0.5%e
- (MX) Mexico Apr Preliminary Trade Balance: $767M v $918Me
- (BR) Brazil Apr Current Account: -$3.5B v -$4.9Be; Foreign Direct Investment (FDI): +$5.5B v +$4.5Be
- (MX) Mexico Q1 Current Account: -$1.4B v +$1.6Be
- (US) Mar House Price Index M/M: -0.3% v -0.5%e; Q/Q: -2.5% v -1.2%e
- (US) DOE Weekly Energy Inventories: +615K v -1.5Me; GASOLINE: +3.8M v 0.0e; DISTILLATE: -2.05M v+500Ke; UTILIZATION: 86.3% v 83.5%e

- This morning's April durable goods miss was not wholly unexpected, given the series of weak manufacturing data reports released over the last several weeks. Equity futures ticked down on the data and the three leading indices opened down slightly, although they were all back in positive territory in mid morning trading. Analysts had widely predicted a negative number based on a large but temporary drop in aircraft orders plus trouble in auto manufacturing (due to Japan) in the month. In addition, the prior March data was revised much higher. The decline in the March house price index held no surprises for anyone, and brought the total decline in Q1 to -2.5%. The US Treasury made a small profit on the sale of its AIG stake on Tuesday, with shares sold for $29, just above the $28.73 average needed for the taxpayers' investment to break even. WTI crude is gaining slightly, popping above the $100 handle as chatter makes the rounds that the EPA will immanently announce new fuel economy standards. Spot gold prices are more or less flat on the day, at $1,526.

- Several retail names are moving on quarterly earnings reports. Costco fell a few percent before the open after missing earnings targets thanks to a one-time charge, while revenue was in line. Like BJ's last week, profit margins were hit by more expensive gasoline costs. COST is -2% in the early going. Ralph Lauren opened down 9% after the firm's profits fell short of expectations and executives warned that margins were under heavy pressure from cost inflation. Some vague forward-looking guidance has not helped RL's case either. Shares of RL are down 7% in the early going. American Eagle Outfitters missed revenue expectations and offered soft guidance for the current quarter, although shares of AEO are helping up relatively well. Homebuilder Toll Brothers shot up nearly 6% in the first half hour of trading despite another lousy quarterly earnings report as traders gambled the March house price index might be strong, although it came in rather tepid. TOL is reversing and heading right back for unchanged. Zales spiked nearly 20% on a surprisingly strong quarterly performance, although ZLC is back around +15% mid morning.

- EUR/USD remains below yesterday's highs and seems unable to test above the 1.4100 level in the wake of rumors that the Greek government would call snap elections. Government officials shot down the rumors, although they also warned that a referendum on austerity measures remained on the table. Note that EU Commissioner Maria Damanaki offered her home country some strong words this morning, warning that Greece's membership in the EMU is at risk. EUR/CHF continues to plumb all-time lows below the 1.2350 handle.

*** Looking ahead***
- 12:00 (FR) France Apr Net Change Jobseekers: No est v -21.1K prior; Total Jobseekers: No est v 2.68M prior
- 11:00 (US) Fed to purchase $4-6B in Notes/Bonds
- 13:00 (US) Treasury to sell $35B in 5-Year Notes

Legal disclaimer and risk disclosure

All information provided by Trade The News (a product of Trade The News, Inc. "referred to as TTN hereafter") is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or Sell securities. Although information is taken from sources deemed reliable, no guarantees or assurances can be made to the accuracy of any information provided. 1. Information can be inaccurate and/or incomplete 2. Information can be mistakenly re-released or be delayed, 3. Information may be incorrect, misread, misinterpreted or misunderstood 4. Human error is a business risk you are willing to assume 5. Technology can crash or be interrupted without notice 6. Trading decisions are the responsibility of traders, not those providing additional information. Trade The News is not liable (financial and/or non-financial) for any losses that may arise from any information provided by TTN. Trading securities involves a high degree of risk, and financial losses can and do occur on a regular basis and are part of the risk of trading and investing.

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."





View the original article here

Nenhum comentário:

Postar um comentário

Estratégias para Forex Ads

Related Posts Plugin for WordPress, Blogger...