SamTrader1
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ECONOMIC NEWS
In U.S. economic news Friday, the Thomson Reuters/University of Michigan Consumer Sentiment fell in April to 68.9, down from 70.6 in March. The Chicago purchasing managers index for April reported at 67.6, which was lower than expected, and down from 70.6 in March. Also, personal income rose 0.5 percent in March, and personal spending rose 0.6 percent, the Commerce Department said. Consumer spending rose as gasoline and food prices gained. Trading was thin in Europe with the London Stock Exchange closed on Friday as the UK had a public holiday to celebrate the wedding of Prince William to Catherine Middleton. European stocks closed higher, posting the best monthly performance since December.
THE WEEK AHEAD
MONDAY: ISM manufacturing index, construction spending, Boeing shareholder meeting, first GOP Presidential debate, RIM capital markets day, Sirius XM Radio antitrust case; earnings from Humana, Anadarko, Chesapeake and Massey.
TUESDAY: Factory orders, auto sales, Bristol-Myers shareholder meeting, Nokia annual meeting, Wells Fargo shareholder meeting; earnings from Pfizer, Clorox, NYSE Euronext, MasterCard, Comcast and CBS.
WEDNESDAY: Weekly mortgage applications, Challenger job-cut report, Fed’s Rosengren speaks, ADP employment report, ISM non-manufacturing index, oil inventories, Fed’s Lockhart speaks; earnings from Anheuser-Busch, AOL, Kellogg, MetLife, News Corp, and Whole Foods.
THURSDAY: Bank of England rate announcement, European Central Bank announcement, chain store sales, jobless claims, productivity and costs, Treasury STRIPS, money supply; Fed Chairman Bernanke speaks, Fed’s Kocherlakota speaks, UPS shareholder meeting, Verizon shareholder meeting; earnings from GM, Cigna, CVS, AIG, Kraft and Visa.
FRIDAY: Non-farm payroll report, consumer credit, Alcoa shareholder meeting; earnings from Constellation Energy and Berkshire Hathaway.
By, BinaryOptionStrategy.com
In U.S. economic news Friday, the Thomson Reuters/University of Michigan Consumer Sentiment fell in April to 68.9, down from 70.6 in March. The Chicago purchasing managers index for April reported at 67.6, which was lower than expected, and down from 70.6 in March. Also, personal income rose 0.5 percent in March, and personal spending rose 0.6 percent, the Commerce Department said. Consumer spending rose as gasoline and food prices gained. Trading was thin in Europe with the London Stock Exchange closed on Friday as the UK had a public holiday to celebrate the wedding of Prince William to Catherine Middleton. European stocks closed higher, posting the best monthly performance since December.
THE WEEK AHEAD
MONDAY: ISM manufacturing index, construction spending, Boeing shareholder meeting, first GOP Presidential debate, RIM capital markets day, Sirius XM Radio antitrust case; earnings from Humana, Anadarko, Chesapeake and Massey.
TUESDAY: Factory orders, auto sales, Bristol-Myers shareholder meeting, Nokia annual meeting, Wells Fargo shareholder meeting; earnings from Pfizer, Clorox, NYSE Euronext, MasterCard, Comcast and CBS.
WEDNESDAY: Weekly mortgage applications, Challenger job-cut report, Fed’s Rosengren speaks, ADP employment report, ISM non-manufacturing index, oil inventories, Fed’s Lockhart speaks; earnings from Anheuser-Busch, AOL, Kellogg, MetLife, News Corp, and Whole Foods.
THURSDAY: Bank of England rate announcement, European Central Bank announcement, chain store sales, jobless claims, productivity and costs, Treasury STRIPS, money supply; Fed Chairman Bernanke speaks, Fed’s Kocherlakota speaks, UPS shareholder meeting, Verizon shareholder meeting; earnings from GM, Cigna, CVS, AIG, Kraft and Visa.
FRIDAY: Non-farm payroll report, consumer credit, Alcoa shareholder meeting; earnings from Constellation Energy and Berkshire Hathaway.
By, BinaryOptionStrategy.com