Monday, December 15, 2008 - Nov Industrial Production
Tuesday, December 16, 2008 - FED interest rate decision expected
Thursday, December 18, 2008 - Initial Jobless Claims , Leading Indicators
Showing posts with label weekly snapshot. Show all posts
Showing posts with label weekly snapshot. Show all posts
US ECONOMIC EVENTS DEC 15 - DEC 19
Events in US markets this week - Nov 10- Nov 14
On Tuesday, the NFIB's small business survey is released.
On Thursday, weekly jobless claims are released, as is international trade data.
On Friday,retail sales for October , import prices for October, business inventories for September and consumer sentiment are released.
Fed Chairman Ben Bernanke is scheduled to speak Friday at the Fifth European Central Bank Banking Conference on policy coordination among central banks.
On Thursday, weekly jobless claims are released, as is international trade data.
On Friday,retail sales for October , import prices for October, business inventories for September and consumer sentiment are released.
Fed Chairman Ben Bernanke is scheduled to speak Friday at the Fifth European Central Bank Banking Conference on policy coordination among central banks.
Events in US Markets for the week Nov 03 - Nov 07
Monday - ISM manufacturing data ,construction spending.
Factory orders are reported on Tuesday.
ADP's employment report is released on Wednesday.
Thursday, weekly jobless claims are reported.
The European Central Bank and Bank of England hold rates meetings on Thursday. rate cuts expected
Employment situation, Wholesale trade, consumer credit and pending home sales for September are reported Friday.
Results of some biggies like Cisco, Walt Disney and Berkshire also slated for this week.
Factory orders are reported on Tuesday.
ADP's employment report is released on Wednesday.
Thursday, weekly jobless claims are reported.
The European Central Bank and Bank of England hold rates meetings on Thursday. rate cuts expected
Employment situation, Wholesale trade, consumer credit and pending home sales for September are reported Friday.
Results of some biggies like Cisco, Walt Disney and Berkshire also slated for this week.
Weekly Snapshot - Oct 06,2008
Market views and reviews:
Nifty made a new 52 week low of 3715 this week, RIL too slips to 52 week low indication that market lacks support from leaders. The global weakness continues to have impact on Indian markets. Earnings season kicks start in coming weeks. No fireworks expected in earnings amidst expectations of slow down in economy. Investors will watch how bad the global crisis has impacted the Indian corporate earnings. Inflation at 11.99% slips below 12% after 3 months.
World market views :
US house passes the $700 billion bail out package, DOW slipped inspite of it. Economists argue that the bail out may not resolve the on going financial crisis. US job numbers came in at a 5 year low indications of a slow and proplonged recession in US.
The tag of the money pumped in by world central banks to avert a financial turmoil has hit almost $2 trillion and is expected to swell even more.
The European union vows to fight back the financial crisis with strong measures. ECB kept interest rates unchanged at 4.25%.
US Economic events :
Tuesday, October 7, 2008 : Sep 16 FOMC Minutes , Retail sales index.
Wednesday, October 8, 2008 : Aug Pending Home Sales.
Thursday, October 9, 2008 : Initial Jobless Claims For Oct 4 Week
Nifty made a new 52 week low of 3715 this week, RIL too slips to 52 week low indication that market lacks support from leaders. The global weakness continues to have impact on Indian markets. Earnings season kicks start in coming weeks. No fireworks expected in earnings amidst expectations of slow down in economy. Investors will watch how bad the global crisis has impacted the Indian corporate earnings. Inflation at 11.99% slips below 12% after 3 months.
World market views :
US house passes the $700 billion bail out package, DOW slipped inspite of it. Economists argue that the bail out may not resolve the on going financial crisis. US job numbers came in at a 5 year low indications of a slow and proplonged recession in US.
The tag of the money pumped in by world central banks to avert a financial turmoil has hit almost $2 trillion and is expected to swell even more.
The European union vows to fight back the financial crisis with strong measures. ECB kept interest rates unchanged at 4.25%.
US Economic events :
Tuesday, October 7, 2008 : Sep 16 FOMC Minutes , Retail sales index.
Wednesday, October 8, 2008 : Aug Pending Home Sales.
Thursday, October 9, 2008 : Initial Jobless Claims For Oct 4 Week
Weekly Snapshot - Sep 29 , 2008
Market views and reviews:
Nifty closed below 4000 for the week, first time since may. Markets slipped last week on the lack of clarity of the bail out package in US. Indo US nuke deal gets approval from the US House of Representatives, next stop will be the senate approval which is expected week. A positive sign for the markets. Indian markets will take cues from the fundamental developments happening in the Wall street. The bail out package would trigger a rally in markets. Inflation remained unchanged at 12.14%.
World market views :
Dow was largely range bound waiting for a positive outcome on the bail out plan. Its understood that the US senate has agreed on some sort of agreement over the package and is expected to be finalized soon.
The bail out package will put pressure on US dollar and is expected to weaken against major currencies. Weaker dollar could trigger another rally in commodities like Oil and Gold.
Washington Mutual was taken over by JpMorgan, In the biggest bank failure in US history.
US Economic events :
Tuesday, September 30, 2008 : Redbook Retail Sales Index.
Wednesday, October 1, 2008 : Sep ADP Employment Report.
Thursday, October 2, 2008 : Initial Jobless Claims.
Friday, October 3, 2008 : Sep Nonfarm Payrolls , Unemployment Rate:
Whats the $700 billion bail out package all about , Read More : Click here
Nifty closed below 4000 for the week, first time since may. Markets slipped last week on the lack of clarity of the bail out package in US. Indo US nuke deal gets approval from the US House of Representatives, next stop will be the senate approval which is expected week. A positive sign for the markets. Indian markets will take cues from the fundamental developments happening in the Wall street. The bail out package would trigger a rally in markets. Inflation remained unchanged at 12.14%.
World market views :
Dow was largely range bound waiting for a positive outcome on the bail out plan. Its understood that the US senate has agreed on some sort of agreement over the package and is expected to be finalized soon.
The bail out package will put pressure on US dollar and is expected to weaken against major currencies. Weaker dollar could trigger another rally in commodities like Oil and Gold.
Washington Mutual was taken over by JpMorgan, In the biggest bank failure in US history.
US Economic events :
Tuesday, September 30, 2008 : Redbook Retail Sales Index.
Wednesday, October 1, 2008 : Sep ADP Employment Report.
Thursday, October 2, 2008 : Initial Jobless Claims.
Friday, October 3, 2008 : Sep Nonfarm Payrolls , Unemployment Rate:
Whats the $700 billion bail out package all about , Read More : Click here
Weekly Snapshot - Sep 22,2008
Market views and reviews :
A week of packed action in markets. Nifty made a new low for the year and gave an impressive pullback to 4200 levels. The strain in the global financial system clearly put pressure on Indian markets, Rupee weakened as low as 47 against the Dollar. In coming days global events and developments will guide the markets. Nifty is expected to be range bound between 4000-4500 levels. Inflation was at 12.14%.
World market views :
Dow had a roller coaster ride last week. Lehman brothers filed for bankruptcy as it was not able to raise capital to keep the business running. AIG the largest insurer in the world had to be bailed out by the FED.
The combined effort of major central bankers in the world relieved stress from the markets all over the world. They injected huge amount of liquidity into the system to avoid credit crunch.
US Treasury has proposed a $700 billion plan to bail out the crumbling financial system.
Morgan Stanley is in talks with China Investment Corp and Wachovia for a possible merger.
Oil gained 15% in 3 days, largest 3 day gain in last 20 years.
U.S. Economic Events:
Wednesday, September 24, 2008 : Aug Existing Home Sales
Thursday, September 25, 2008 : Initial Jobless Claims.
Friday, September 26, 2008 : 2Q Final GDP
A week of packed action in markets. Nifty made a new low for the year and gave an impressive pullback to 4200 levels. The strain in the global financial system clearly put pressure on Indian markets, Rupee weakened as low as 47 against the Dollar. In coming days global events and developments will guide the markets. Nifty is expected to be range bound between 4000-4500 levels. Inflation was at 12.14%.
World market views :
Dow had a roller coaster ride last week. Lehman brothers filed for bankruptcy as it was not able to raise capital to keep the business running. AIG the largest insurer in the world had to be bailed out by the FED.
The combined effort of major central bankers in the world relieved stress from the markets all over the world. They injected huge amount of liquidity into the system to avoid credit crunch.
US Treasury has proposed a $700 billion plan to bail out the crumbling financial system.
Morgan Stanley is in talks with China Investment Corp and Wachovia for a possible merger.
Oil gained 15% in 3 days, largest 3 day gain in last 20 years.
U.S. Economic Events:
Wednesday, September 24, 2008 : Aug Existing Home Sales
Thursday, September 25, 2008 : Initial Jobless Claims.
Friday, September 26, 2008 : 2Q Final GDP
Weekly Snapshot - Sep 15,2008
Market views and reviews :
The Rupee weakness weighed on markets last week, with RIL not supporting the index nifty slipped to 4200 levels. Reliance makes a 52 week low, clearly not a good sign for market strength. Infosys has raised concerns about meeting its guidance in coming quarters due to the weakness in rupee.,IT stocks reacted negatively to the news. Inflation cools further to 12.10%. The Serial blasts in delhi would come in as a sentiment dampener to the markets.
World market views :
DOW was range bound last week, Trouble increses for Lehman as its future plans become murky. Wall street will keep a close eye on the developments around lehman.
Events to watch out for this week will be FED meet on Tuesday, Goldman sachs and Morgan stanley results. Interest rate Futures show a 17% chance borrowing costs will be cut by a quarter percentage point at this FED meet.
Crude oil falls to $100 levels. Gold also fell significantly last week.
US stocks are likely to take cues from FED meet and results of major financials and lehman's fate.
U.S. Economic Events:
Monday, September 15, 2008 : Aug Industrial Production.
Tuesday, September 16, 2008 : Consumer Price Index , Retail Sales,FOMC Meeting; Fed funds interest rate decision.
Thursday, September 18, 2008 : Initial Jobless Claims.
The Rupee weakness weighed on markets last week, with RIL not supporting the index nifty slipped to 4200 levels. Reliance makes a 52 week low, clearly not a good sign for market strength. Infosys has raised concerns about meeting its guidance in coming quarters due to the weakness in rupee.,IT stocks reacted negatively to the news. Inflation cools further to 12.10%. The Serial blasts in delhi would come in as a sentiment dampener to the markets.
World market views :
DOW was range bound last week, Trouble increses for Lehman as its future plans become murky. Wall street will keep a close eye on the developments around lehman.
Events to watch out for this week will be FED meet on Tuesday, Goldman sachs and Morgan stanley results. Interest rate Futures show a 17% chance borrowing costs will be cut by a quarter percentage point at this FED meet.
Crude oil falls to $100 levels. Gold also fell significantly last week.
US stocks are likely to take cues from FED meet and results of major financials and lehman's fate.
U.S. Economic Events:
Monday, September 15, 2008 : Aug Industrial Production.
Tuesday, September 16, 2008 : Consumer Price Index , Retail Sales,FOMC Meeting; Fed funds interest rate decision.
Thursday, September 18, 2008 : Initial Jobless Claims.
