international news

2013. okt. 29.

Asian stock markets were trading mixed on Tuesday, as market players looked ahead to the start of the Federal Reserve’s policy meeting later in the day.
The Federal Reserve is scheduled to start its two-day policy-meeting later Tuesday, with market analysts expecting the central bank to keep its USD85 billion-a-month asset purchase program on track.
The USD is trading higher versus most of its major peers this morning, as market participants keenly await a barrage of economic data in the US delayed due to the recent partial government shutdown.

 Important Economic data expected today

12:30 Core Retail Sales (US) – Previous: 0.1%, forecast: 0.4%. Core Retail Sales measures the change in the total value of sales at the retail level in the U.S., excluding automobiles. It is an important indicator of consumer spending and is also considered as a pace indicator for the U.S. economy.

12:30 PPI (US) – Previous: 0.3%, forecast: 0.2%. The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.

14:00 CB Consumer Confidence (US) – Previous: 79.7, forecast: 75.2. Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.

0 megjegyzés:

Speak up your mind

Tell us what you're thinking... !

Support : Creating Website | Johny Template | Mas Template
Copyright © 2009 - 2020 BUXMASTERS - All Rights Reserved
Template Created by Creating Website Inspired by Sportapolis
Proudly powered by Blogger