Bobbys Corner-Open Market-Jan.14.2010
Good 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.
| 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




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