07.09.13
Top Day Market News
No economic releases today. IBM sees a downgrade. Dollar remains strong. The UAE pledges $3 billion in aid to Egypt.
This seems to be a period of extremes with the dollar at a three year high (coincident with higher short term rates) and crude at 14 month highs.
The IMF will be releasing an updated world economic forecast later today which will get coverage. Disappointing manufacturing numbers in the UK pressures the Pound. Canadian housing starts better than expected.
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Week of July 08 - July 12 |
||||||||
|
Date |
ET |
Release |
For |
Actual |
Briefing.com Forecast |
Briefing.com Consensus |
Prior |
Revised From |
|
|
Jul 08 |
15:00 |
Consumer Credit |
May |
|
NA |
NA |
$11.1B |
|
|
|
Jul 10 |
07:00 |
MBA Mortgage Index |
07/06 |
|
NA |
NA |
-11.7% |
|
|
|
Jul 10 |
10:00 |
Wholesale Inventories |
May |
|
NA |
NA |
0.2% |
|
|
|
Jul 10 |
10:30 |
Crude Inventories |
07/06 |
|
NA |
NA |
-10.347M |
|
|
|
Jul 10 |
14:00 |
FOMC Minutes |
6/19 |
|
|
|
|
|
|
|
Jul 11 |
08:30 |
Initial Claims |
07/06 |
|
NA |
NA |
343K |
|
|
|
Jul 11 |
08:30 |
Continuing Claims |
06/29 |
|
NA |
NA |
2933K |
|
|
|
Jul 11 |
08:30 |
Export Prices ex-ag. |
Jun |
|
NA |
NA |
-0.7% |
|
|
|
Jul 11 |
08:30 |
Import Prices ex-oil |
Jun |
|
NA |
NA |
-0.3% |
|
|
|
Jul 11 |
10:30 |
Natural Gas Inventories |
07/06 |
|
NA |
NA |
72 bcf |
|
|
|
Jul 11 |
14:00 |
Treasury Budget |
Jun |
|
NA |
NA |
-$59.7B |
|
|
|
Jul 12 |
08:30 |
PPI |
Jun |
|
NA |
NA |
0.5% |
|
|
|
Jul 12 |
08:30 |
Core PPI |
Jun |
|
NA |
NA |
0.1% |
|
|
|
Jul 12 |
09:55 |
Mich Sentiment |
Jul |
|
NA |
NA |
51.6 |
|
|
MARKET PLACE
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 |
|
Sept ES |
U |
1580 |
1604 |
1627 |
1647 |
11642 |
1658 |
|
Sept Nasdaq |
U |
2865 |
2914 |
2945 |
2975 |
2991 |
3019 |
|
Sept Yen |
D |
97.45 |
98.15 |
98.21 |
99.38 |
100.26 |
101.52 |
|
Sept EC |
D |
126.33 |
127.3 |
128.33 |
129.04 |
130.07 |
131.81 |
|
Sept 10 Year |
D |
122.26 |
123.23 |
124.20 |
125.02 |
126.10 |
128.00 |
|
Sept 30 Year |
D |
129.05 |
130.29 |
132.16 |
134.03 |
135.20 |
13819 |
|
Nov Soybeans |
D |
12.06 |
12.17 |
12.33 |
12.72 |
12.49 |
12.70 |
|
Sept Corn |
D |
5.11 |
5.18 |
5.26 |
5.42 |
5.39 |
5.52 |
|
Aug Gold |
D |
1172 |
1197.20 |
1221 |
1251.9 |
1257.3 |
1292.20 |
|
Sept Silver |
U |
17.78 |
18.17 |
18.71 |
19.58 |
19.73 |
20.60 |
|
Sept Copper |
U |
294 |
301 |
303 |
312 |
315 |
324 |
|
Aug Crude |
U |
93.51 |
98.57 |
102.14 |
104.13 |
106.18 |
108.73 |
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