Fundamental Analysis and the Week Ahead

Sep 8, 2011
91
0
17
Binary Options Trading analysis written by David Frank - BinaryOptionStrategy

ECONOMIC NEWS

US consumer sentiment climbed to 67.7. This number gaining for the fourth consecutive month. Economists expected a reading of 65.5.

Also,US trade deficit narrowed in October to $43.5 billion. It is at its lowest in 10 months. The result was in line with estimates. However, September trade deficit was revised to $44.2 billion from $43.1 billion.

THE WEEK AHEAD

MONDAY: 3-yr note auction, Treasury budget, FedEx’s busiest shipping day, Google’s Schmidt speaks in DC

TUESDAY: NFIB small biz optimism index, retail sales, business inventories, 10-yr note auction, FOMC mtg announcement, GE annual outlook meeting

WEDNESDAY: Weekly mortgage applications, import & export prices, oil inventories, 30-yr bond auction, OPEC meeting

THURSDAY: Jobless claims, PPI, Empire state mft survey, current account, Treasury international capital, industrial production, Philadelphia Fed survey, credit card default rates reported

FRIDAY: CPI, quadruple witching