Tuesday, February 22, 2005

 

High PPI #s, rising IRs, falling USD, Korea reserves

First stalling (last two weeks) then rapidly falling (today) markets, right now due to Korea talking about reducing its USD reserve exposure. SP500 down from 1200 to 1185 today.
# posted by Sprezzaturian @ 10:16 PM 0 comments

Sunday, February 06, 2005

 

S&P above 1200 despite weak employment #s

Stoxx and SP500 powered ahead throughout Friday, despite weak macro data. Stoxx 3040 and sp500 1203.

# posted by Sprezzaturian @ 6:54 PM 0 comments

Thursday, February 03, 2005

 

Weak productivity, higher labour costs, strong empl

Productivity only 0.8% vs 1.5 expected. Labour costs 2.3% vs 2 expected and claims only 316 vs 330. Stoxx futures held steady a few minutes at 3020 (flat on the day) but fell 8 points to 3012 the following 30 minutes.
# posted by Sprezzaturian @ 3:00 PM 0 comments
 

Greenspan spoke. No changes. markets stable

Rates up to 2.5% from 2.25%
# posted by Sprezzaturian @ 11:15 AM 0 comments

Wednesday, February 02, 2005

 

Pers income stronger y'day

...due to MSFT extra dividend, probably
Home sales weak
Chicago PMI strong
Stoxx futures above 3000 today
# posted by Sprezzaturian @ 12:09 AM 0 comments

Tuesday, February 01, 2005

 

ISM on the weak side (56.4 vs 57e)

Last revised down to 57.3 from 58.6. This one a bit worse than expected, despite very strong rebound in employment factor (58 vs 53 last). Markets still strong: stoxx futures 3004, SP500 futures 1184.

Manpower's report in line but weak margins in France and weak Q1 guidance. Adecco a bit weak on MAN's numbers.
# posted by Sprezzaturian @ 4:57 PM 0 comments

This page is powered by Blogger. Isn't yours?