Intraday Market Thoughts
Archived IMT (2010.08.13)
by
Aug 13, 2010 12:38
REMEMBER TO EXCLUDE AUTOS & GASOLINE in today's US July retail sales report. === July retail sales are expected +0.5% from -0.5%, with ex-autos seen +0.3% from -0.1%. But when removing autos and gasoline, we could get a flat reading, following +0.1% in June and -1.0% in May. The need to remove gasoline prices stems from lofty energy prices in July, which are expected to have boosted sticker prices at gasoline stations. If we do get a reading of no more than 0.1%, then markets will resume their sell-mode as they are already doing so at the moment after briefly cheering those Ezone GDP figures.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14