Month: June 2018

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  US stocks end lower but well off the session lows

  No record for the Nasdaq at the end of the week (after record on Thursday). The major stock indices in the US are ending the[...]
  2018-06-17 19:27:07

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  Canada existing sales for May -0.1% vs -1.7% expected

  Last  month -2.9%. CAD slumps on  The Canada existing home sales for the month of May fell -0.1% versus -1.7% expected.
  2018-06-17 19:27:07

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  US industrial production for May -0.1% vs. 0.2%

  Capacity utilization 77.9% vs 78.1% estimate The US industrial production from a came in weaker than expected at -0.1% versus +0.2%. The USD has moved[...]
  2018-06-17 19:27:07

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• 
  US stocks open lower as expected

  Concerns about trade war hurting The major US indices are trading lower as expected. The concerns about a global trade war are weighing on stocks:[...]
  2018-06-17 19:27:07

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  Michigan consumer sentiment for June (P) 99.3 vs. 98.5 expected

  Prior month 98.0 Good sentiment but below the peak for the year and the expectations dipped but it is not a disaster. 
  2018-06-17 19:27:07

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  Goldman Sachs raises their GDP tracker to 4.00% from 3.9%

  Other estimates were increased yesterday Goldman Sachs has raised their GDP tracker to 4.0% from 3.9% last. That joins others who increased their estimates yesterday.[...]
  2018-06-17 19:27:07

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• 
  Stocks continue their retreat. Dow down over 1% now.

  S&P and Nasdaq also moving lower Stocks have extended lower with the Dow now down over 1% (down -1.07%).    The S&P is also lower[...]
  2018-06-17 19:27:07

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• 
  Feds Dudley says rates may have to push slightly above neutral

  Fed's Dudley speaks with reporters ahead of his retirement He adds: Back in November Dudley announced he would retire from the Fed in mid-2018. He[...]
  2018-06-17 19:27:07

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• 
  In an upset, the NY Fed Nowcast dips in the current week

  They see 2Q growth at 2.98% vs 3.08% last week As other economists and models raised their estimates for 2Q GDP this week, the NY[...]
  2018-06-17 19:27:07

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• 
  Stocks in Europe slide and end in the red.

  Most indices still up on the week The European stocks slid in trading today as concerns about trade wars weighed on the global equity markets:[...]
  2018-06-17 19:27:07

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