 |
 |
|
|
|
Week 24 -2012 | From June 11 to June 15, 2012 |
|
 |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Economic Data for Week 24-2012 | Global View | Week Rating
| DATE |
DAY |
REPORT/CATEGORY |
HIGHLIGHTS ON WEEK 24-2012 |
Last |
|
Fri |
Factory Orders |
|
N/A |
|
 |
Manufacturing |
|
|
|
Tue |
ICSC Goldman Sachs Index |
Cool and wet weather held down shopping in the June 9 week, the ICSC index fell 0.7% week on week. Year on year, growth is 2.9%, holding below trend for a third straight week. |
-0.7% W/W |
|
|
Sales and Inventories |
But the report is upbeat on the outlook, saying declining gasoline prices and the start of summer are likely to motivate the consumer. |
|
|
Tue |
Johnson Redbook |
Redbook's year-on-year same-store sales index came in at only plus 2.0% in the June 9 week for the weakest reading since January and one of the very weakest readings of the whole economic recovery. |
2.0% Y/Y |
|
|
Sales and Inventories |
Redbook, like ICSC-Goldman, cites negative effects of mild weather which it says is holding down sales of summer goods. |
|
|
Tue |
Import and Export Prices |
The import-price index fell 1% in May. That�s the largest drop since mid-2010, and is attributed to lower fuel and food costs. April�s numbers were steady.Strength in the dollar helps keep down imported inflation that is evident in the import and export prices report. |
0.3%
Y/Y |
|
|
Inflation |
Gas and food prices were the main reason for the drop. Petroleum import costs dropped 4.2% on a month-by-month basis the biggest since mid-201. On the food import side costs dropped 0.7%. |
|
|
Thu |
Treasury Budget |
Over the past 10 years, the average deficit for the month of May has been $90.0 billion and $120.4 billion over the past 5 years. |
-$124.6
Billions |
|
|
Balance of Payments |
Receipts are up 5.4% so far this fiscal year with outlays fractionally lower. For May, the gap comes in almost right on expectations at $124.6 billion |
|
|
Wed |
MBA purchase Applications |
The purchase applications, up 13.0%, jumped to their highest level in six months which, if extended to subsequent weeks, points to pivotal strength for underlying home sales. |
|
|
|
Real Estate |
On the refinancing side, home owners are now locking in 30-year rates that are below 4 %. MBA's refinancing index jumped 19.0% to the highest level in more than a year. |
|
|
Wed |
Producer Price Index |
The PPI in May dropped a sharp 1.0 % due to lower crude oil prices that are working their way into softer inflation again in May. And food prices have also weakened. |
-1.0% |
|
|
Inflation |
The overall PPI, the year-ago rate in May was 0.8%, compared to 1.9 in April that is seasonally adjusted. |
|
|
Wed |
Business Inventories |
Wholesale inventories rose 0.6% in April as sales increased, the Commerce Department said Friday.The inventories gain followed a 0.3% increase in March. |
|
|
|
Sales and Inventories |
Sales climbed 1.1%, following a 0.4% gain the previous month. Business inventories rose 0.4%, higher than the 0.2% rise in sales but not high enough to drive up the stock-to-sales ratio which remains at a healthy 1.26.� |
|
|
Wed |
Retail Sales |
Retail sales in May were pulled down by a decrease in gasoline prices. Retail sales in May declined 0.2%, following a 0.2% dip in April; that was originally up 0.1%. |
-0.2%
M/M
|
|
|
Sales and Inventories |
Overall, consumer spending turned sluggish in May and April was softer than earlier believed. However, a key question that remains is whether atypically warm weather in the winter shifted sales forward at the expense of later months. |
|
|
Wed |
EIA Crude Oil Report |
|
N/A |
|
|
Commodity |
|
|
|
Thu |
Jobless/Initial Claims |
Initial claims rose 6,000 in the June 9 week to a 386,000 level that is a noticeable 9,000 over the consensus. And the prior week is now at 380,000 which is 3,000 higher than the initial estimate. |
386,000 Claims |
|
|
Employment |
The four-week average is moving in the wrong direction, up three times in a row with a 3,500 gain to 382,000 in the latest week. |
|
|
Thu |
Consumer Price Index |
CPI inflation in May turned negative on continued significantly lower energy costs. Meanwhile, the core rate held steady and moderately warm. Therefore, consumers are paying less at the gas pump, freeing up some money to spend elsewhere |
|
|
|
Consumer |
The CPI Index fell 0.3% in May, following no change the month before. The consensus forecast was for a 0.2% decline. Excluding food and energy, the CPI gained 0.2%, compared to 0.2% in April. Analysts projected a 0.2% rise. |
|
|
Thu |
Current Account |
The nation's current account deficit deepened to $137.3 billion in Q1 2012 vs a revised deficit of $118.7 billion in the fourth quarter and $108.2 billion deficit in the third quarter. |
$-137.3
Billions
|
|
|
Balance of Payments |
The current account as a percentage of GDP is at 3.6%, up 5 tenths from the fourth quarter and up 7 tenths from the third. |
|
|
Thu |
EIA Natural Gas Report |
|
N/A |
|
|
Commodity |
|
|
|
Thu |
Fed Balance Sheet |
|
N/A |
|
|
Government |
|
|
|
Thu |
M2 Money Supply |
|
N/A |
|
|
Money Supply |
|
|
|
Fri |
Fixed Mortgage Rates |
Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan increased to 3.71%. That's up from 3.67% last week, the lowest since long-term mortgages began in the 1950s. |
3.71%
APR
|
|
|
Interest Rates |
The average rate on the 15-year mortgage, a popular refinancing option, rose to 2.98%. That's up from 2.94% last week, also a record low. |
|
|
Fri |
Empire Estate Mfg Index |
|
|
|
|
Manufacturing |
|
|
|
Fri |
Treasury Intal Capital |
Investment inflow into the US was soft for a third straight month in April and well under the nation's roughly $50 billion per month trade deficit. |
$27.6B |
|
|
Balance of Payments |
The net inflow of long-term securities rose only $25.6 billion in April vs a revised $36.0 billion in March and only $14.3 billion in February. |
|
|
Fri |
Industrial Production |
Industrial production dipped in May with weakness in manufacturing and strength in mining and utilities. Overall industrial production slipped 0.1%, following a rebound of 1.0% in April (originally up 1.1%). Analysts expected no change. |
-0.1% |
|
|
Manufacturing |
Overall capacity utilization eased to 79.0% from 79.2% in April. The market forecast was for 79.2%. Manufacturing had some pullback in May after a robust April. |
|
|
Fri |
Consumer Sentiment |
A major 5.2 point drop to 74.1 puts the Reuters/University of Michigan consumer sentiment index at a 2012 low and in line with the consumer confidence index which showed wide weakness in May. |
74.1 |
|
|
Consumer |
Today's sentiment report is for the first two weeks of this month and it shows sharp weakness in expectations, down 5.4 points to 68.9 and another 2012 low, and nearly as sharp weakness in current conditions, down 5.1 points to 82.1 which is yet another low for this year. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
| WEEK 15-2012 JUN. 15 |
Reports Commentary
Factory orders fell in January in the typical pattern of declines in the first month of the quarter. Nevertheless, new orders have been on a rising trend since March 2009 although they remain below their pre-recession peak..
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| MARKET PROFILE |
 |
WEEKS 2012 |
WEEK 24 |
% FROM CLOSE |
% FROM OPEN |
 |
RESISTANCE 1 |
1,330.25 |
1.39% |
1.35% |
|
RESISTANCE 2 |
1,326.25 |
1.08% |
1.04% |
 |
CLOSE MAR 02 |
1,350.00 |
|
|
|
OPEN MAR 04 |
1,255.00 |
0.04% |
|
 |
SUPPORT 1 |
1,289.00 |
0.66% |
0.62% |
|
SUPPORT 2 |
1,283.50 |
0.08% |
0.04% |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
IMPORTANT NOTE: In an effort to comply with all applicable rules, regulations and disclosures please be so kind and read the "General Disclosure" below: |
| |
|
|
|
|
| GENERAL DISCLOSURE - TRADINGVESTING.COM |
- The material contained on our Website and Economic Calendar must be used at your own risk. Material is believed to be reliable, but we do not guarantee its accuracy or validity, nor is Tradingvesting.com responsible for any errors or omissions which may occur. The analysis and/or recommendations made by Tradingvesting.com do not provide, imply, or otherwise constitute a guarantee of performance. All contents and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied.Tradingvesting.com website and material contained therein is not a solicitation to participate in the Futures/Stocks/Options Market. This Economic Calendar does not include Earning Releases, Announced Stock Splits, Upcoming Initial Public Offerings with Underwritings or Rating Changes. Tradingvesting.com has attempted to verify the information contained in this calendar. However, any aspect of such info may change without notice. Unless indicated otherwise: economic data is from the U.S and intraday data is at least 20 minutes delayed; all prices are in the local currency; Time is U.S. Eastern Time. Furthermore, there is a very high degree of risk involved in trading.Tradingvesting.com assumes no responsibilities for your trading and investment results, please red our Risk Disclosure.
- Tradingvesting.com does not provide investment advice, and does not represent that any of the information or related analysis is accurate or complete at any time. All information on this website are for educational purposes only and are not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Tradingvesting.com and any authorized distributors of this information harmless in any and all ways. We respect your right to privacy, please click here to view our privacy policy.
- U.S. Government Required Disclaimer - Commodity Futures Trading Commission.
Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
- CFTC rule 4.41:Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
- Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Our linking to these sites does not constitute an endorsement of any products, services or the information found on them. Once you link to another site you are subject to the policies of the new site. By using this site, you agree to the Terms of Service, Privacy Policy and Risk Disclosure. Copyright � 2012 Tradingvesting, LLC. All rights reserved. If you have any questions regarding the Online Economic Calendar application, please contact us: click here.
THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE COMMODITY MARKETS AND EQUITY MARKETS. PLEASE READ MORE AT: TERMS OF SERVICE.
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
