Bobbys Corner-Open Market-Jan.14.2010

Written January 14, 2010 at 8:14 AM EST by  

bob-slade-forex-2-150x200Good Morning:

News from the Euro-Zone this morning was as expected with the ECB leaving interest rates stable at 1%-as the EZ economy continues to recover from the worst recession since World War 2.
At 8:30 this morning the ECB will have a press conference-and it will be interesting to  see what comments Mr. Trichet says about growth in 2010 within the EZ.

Today North America will be looking at Retail Sales, Import Prices, and Jobless Claims.(see below)

World equity markets rose as investor confidence in economic growth along with speculation that central banks will continue to keep interest rates at record lows helped keep equities in positive territory. .
Oil traded below $80/barrel.

Oil:$79.91                                   Gold:$1134.40
Today’s data:

 

 
TIME FOR  EST PRIOR
7:45A.M. ECB RATE DECISION        
8:30A.M. ECB PRESS CONFERENCE      
8:30A.M. IMPORT PRICE INDEX MoM DEC. -0.10% 1.70%
8:30A.M. IMPORT PRICE INDEX YoY   DEC. 8.50% 3.70%
8:30A.M. ADVANCE RETAIL SALES   DEC. 0.40% 1.30%
8:30A.M. RETAIL SALES LESS AUTOS DEC. 0.30% 1.20%
8:30A.M. RETAIL SALES EX AUTO & GAS DEC. 0.40% 0.60%
8:30A.M. INITIAL JOBLESS CLAIMS   9-Jan 438K    434K
8:30A.M. CONTINUING CLAIMS   2-Jan       4950K    4802K
10:00A.M. BUSINESS INVENTORIES   NOV. 0.00% 0.20%

HAVE A GREAT DAY & GOOD LUCK

No Responses to “Bobbys Corner-Open Market-Jan.14.2010”

Add a comment