Bobbys Corner-Open Market-March.13.2012

March 13, 2012 by · Leave a Comment 

Good Morning:

Looks like the Bank of Japan will be agreeable to the prospect of additional monetary easing in the future.
Bank of Japan Governor Shirakawa were fairly dovish-as he stated that the BOJ will continue to fight deflation-but that private investors along with the central government must be major players to boost economic growth in Japan.
Some of the biggest obstacles to Japan’s growth will be the rise in crude oil along with the European debt crisis.

We have US Retail Sales data being released at 8:30 AM.  The data is expected to show an increase of 1% after a .4% increase last month. 
We will have to see if the US consumer opened up their pocketbooks this month.
Also-the FOMC is slated to announce their interest rate decision later this afternoon-2:15 PM.

More Republican primaries are on the docket for today.

Asian and European equity markets are higher-as are US Futures.
Oil is higher.  Gold is mixed, and Silver is higher.

HAVE A GREAT DAY & GOOD LUCK

US Retail Sales Data Due at 8:30AM

March 13, 2012 by · Leave a Comment 

Canada Retail Sales Fall as Wholesale Sales Rise

February 21, 2012 by · 1 Comment 

Canada Retail Sales:  Survey: -0.1%  Actual: -0.2%   Prior:  0.3%   Revised: 0.4%

Canada Retail Sales Less Autos:  Survey: 0.1%  Actual: 0.0%   Prior:  0.3%  Revised:  0.4%

Wholesale Sales:   Survey: 0.6%   Actual: 0.9%  Prior: -0.4%   Revised: -0.3%

Canada Retail Sales Data Moves to 1.0% vs Survey of 0.5% and Prior of 1.0%

December 21, 2011 by · Leave a Comment 

US GDP & Canada Retail Sales Data Expected at 8:30AM

November 22, 2011 by · Leave a Comment 

 

 

Canada Retail Sales Improve, USD/CAD Trades Below Parity

October 25, 2011 by · Leave a Comment 

Canada Retail Sales:  Survey: 0.3%  Actual: 0.5%   Prior:  -0.6%   Revised: -0.5%

Canada Retail Sales Less Autos:  Survey: 0.3%  Actual: 0.4%   Prior:  0.0%   Revised: 0.1%

USD/CAD trading below parity.

Canada Retail Sales Data Due at 8:30AM

October 25, 2011 by · Leave a Comment 

Canada Retail Sales Drop to -0.6 vs Prior of 0.7%, USD/CAD Stronger on the News

September 22, 2011 by · Leave a Comment 

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