Free $25 Commodity Investor Kit

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CONTACT INFORMATION

You can contact us by sending mail below or you can call toll free:

Phone: 800.840.5617
Phone: 312.920.0212
Fax: 855.994.4111


ADDRESS

United Futures Trading Company, Inc.
9247 Broadway
Suite EE
Merrillville, IN 46410

Resource Pages | Friend Pages

ECB leaves interest rates unchanged.

3.07.2014

Top Day Market News

Sorry for the delay. Domestic computer problems.

As we flip the script from the overnight, we have already had 4th quarter non farm productivity at 1.8% versus an expected 2%. This weakened the dollar even as weekly jobless claims fell by 26K.

ECB leaves interest rates unchanged. There were those looking for a cut and EC weakness as a consequence but without the cut, EC strengthens and euro/yen crosses surge.

Yesterday’s ADP private jobs forecast disappointed and led to some revisions in Friday’s expectations for non-farm payroll

 

 

Week of March 03 - March 07

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Mar 03

08:30

Personal Income

Jan

 

0.2%

0.3%

0.0%

 

Mar 03

08:30

Personal Spending

Jan

 

-0.1%

0.1%

0.4%

 

Mar 03

08:30

PCE Prices - Core

Jan

 

0.1%

0.1%

0.1%

 

Mar 03

10:00

ISM Index

Feb

 

51.0

51.6

51.3

 

Mar 03

10:00

Construction  Spending

Jan

 

-0.7%

-0.1%

0.1%

 

Mar 03

14:00

Auto Sales

Feb

 

NA

NA

5.1M

 

Mar 03

14:00

Truck Sales

Feb

 

NA

NA

7.0M

 

Mar 05

07:00

MBA Mortgage Index

03/01

 

NA

NA

-8.5%

 

                   

 

Date

ET

Release

For

Actual

Briefing.com Forecast

Briefing.com Consensus

Prior

Revised From

Mar 05

08:15

ADP Employment Change

Feb

 

150K

150K

175K

 

Mar 05

10:00

ISM Services

Feb

 

53.5

53.5

54.0

 

Mar 05

10:30

Crude Inventories

03/01

 

NA

NA

0.068M

 

Mar 05

14:00

Fed's Beige Book

Mar

 

NA

NA

NA

 

Mar 06

07:30

Challenger Job Cuts

Feb

 

NA

NA

47.3%

 

Mar 06

08:30

Initial Claims

03/01

 

335K

338K

348K

 

Mar 06

08:30

Continuing Claims

02/22

 

2975K

2973K

2964K

 

Mar 06

08:30

Productivity-Rev.

Q4

 

2.5%

2.5%

3.2%

 

Mar 06

08:30

Unit Labor Costs -  Rev

Q4

 

-0.8%

-0.7%

-1.6%

 

Mar 06

10:00

Factory Orders

Jan

 

-0.3%

-0.5%

-1.5%

 

Mar 06

10:30

Natural Gas Inventories

03/01

 

NA

NA

-95 bcf

 

Mar 07

08:30

Nonfarm Payrolls

Feb

 

165K

163K

113K

 

Mar 07

08:30

Nonfarm Private  Payrolls

Feb

 

175K

170K

142K

 

Mar 07

08:30

Unemployment Rate

Feb

 

6.5%

6.6%

6.6%

 

Mar 07

08:30

Hourly Earnings

Feb

 

0.1%

0.2%

0.2%

 

Mar 07

08:30

Average Workweek

Feb

 

34.5

34.4

34.4

 

Mar 07

08:30

Trade Balance

Jan

 

-$37.0B

-$37.3B

-$38.7B

 

Mar 07

15:00

Consumer Credit

Jan

 

$9.0B

$11.8B

$18.8B

 

Numbers are good up until the close of business today. These are strictly technical in nature, not fundamentally based or biased.

Legend U is Up

D is Down

PRD is Potential Reversal Day S2 is Weekly strong support S1 is Weekly good support DS is Daily Support

DR is Daily Resistance

R1 is Weekly Good Resistance and is calculated once a week on Sunday night

R2 is Weekly Strong Resistance and is calculated once a week on Sunday night

Levels are for the most active futures contract

Daily Support and Resistance

 

Trend

WS2

WS1

DS

DR

WR1

WR2

Mar ES

 

U

1815

1845

1869

1879

1875

1887

Mar Nasdaq

U

 

3625

3671

3716

3744

3730

3760

Mar Yen

PRD(D)

96.95

97.10

97.33

97.94

98.68

99.12

Mar EC

D

135.80

137.00

137.09

137.72

138.80

139.40

June 10 Year Note

D

123.10

123.20

123.28

124.16

124.20

125.31

June 30 Year Bond

U

130.11

131.23

131.25

132.21

133.28

134.21

May Soybean

U

16.11

16.16

14.11

14.35

14.53

14.93

May Corn

U

4.47

4.55

4.74

4.91

4.68

4.73

Aprl Gold

U

1304

1316

1329

1343

1340

1357

May Silver

U

21.24

21.49

21.07

21.33

22.14

22.40

May Copper

D

312.80

317.70

317.90

322.50

324.00

329.00

April Crude

D

99.98

101.37

99.25

103.03

103.29

104.81