Fundamental Analysis and the Week Ahead

Sep 8, 2011
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Binary Options Trading analysis written by David Frank - BinaryOptionStrategy

ECONOMIC NEWS

U.S. consumer sentiment rose to its highest level in five months in early November as Americans felt better about the economic outlook. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index on consumer sentiment rose to 64.2 from 60.9 the month before. This figure topping the median forecast of 61.5 among economists. The survey’s gauge of consumer expectations climbed to 56.2 from 51.8. While respondents were no more positive about the current state of the economy, they were less likely to expect it to worsen in the year ahead. Also, Italy dropped plans for a disruptive round of elections and appointed a stewardship to lead the government.

THE WEEK AHEAD

MONDAY: MF Global bankruptcy proceedings, 13-F filings due

TUESDAY: Fed’s Bullard speaks, Fed’s Evans speaks, PPI, retail sales, Empire state mfg survey, Fed’s Williams speaks, business inventories, Fed’s Lacker speaks, Fed’s Fisher speaks,

WEDNESDAY: Weekly mortgage apps, CPI, industrial production, housing market index, oil inventories, Fed’s Lacker speaks, Fed’s Rosengren speaks

THURSDAY: Housing starts, jobless claims, Philadelphia Fed survey, Fed’s Pianalto speaks

FRIDAY: Leading indicators