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Posts Tagged ‘ Auto ’

Tuesday: Auto Sales

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Tuesday: Auto Sales

From Matthew Graham at Mortgage News Daily: Mortgage Rates Unchanged to Slightly Higher Mortgage rates were unchanged to slightly higher today, keeping them in line with the previous 4 business days.  This 5-day block stands out from the previous trend that had taken rates generally lower since the middle of March, ultimately hitting the best levels...
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Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

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Thursday: ISM Mfg, Auto sales, Unemployment claims, Construction Spending

A few comments from Steven Kopits of Princeton Energy Advisors LLC: “OPEC today struck what increasingly appears to be a historic deal, with both cuts and participation well in excess of earlier expectations.  Total OPEC cuts, compared to OPEC production as recorded by secondary sources for October 2016, are forecast at 1.2 mbpd.  To...
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Tuesday: Personal Income & Outlays, July Auto Sales

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Tuesday: Personal Income & Outlays, July Auto Sales

Tuesday:• At 8:30 AM ET: Personal Income and Outlays for June. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.1%. • All day: Light vehicle sales for July. The consensus is for light vehicle sales...
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Wednesday: ISM Mfg, ADP Employment, Auto Sales, Construction Spending

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Wednesday: ISM Mfg, ADP Employment, Auto Sales, Construction Spending

Statement by the IMF on Greece Press Release No.15/310June 30, 2015 Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today regarding Greece’s financial obligations to the IMF due today: “I confirm that the SDR 1.2 billion repayment (about EUR 1.5 billion) due by Greece to the...
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Tuesday: June Auto Sales

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Tuesday: June Auto Sales

More grim news from Europe: Joblessness Edges Higher To Hit a Euro Zone Record Unemployment in the euro zone continued its steady rise in May … The jobless rate in the 17 countries that belong to the euro zone was 12.1 percent in May, adjusting for seasonal effects, according to a report from Eurostat,...
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Monday: ISM Manufacturing Index, Auto Sales, Construction Spending

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Monday: ISM Manufacturing Index, Auto Sales, Construction Spending

Note: Several sites list May auto sales on Tuesday – that appears incorrect. GM, Ford and others have already announced they will release results on Monday. For some amusement, Jon Hilsenrath at the WSJ lists several of Fed Chairman Ben Bernanke’s jokes today: Funnyman Ben Bernanke? You’ve Got to Be Kidding A dozen years ago I...
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Friday: Personal Income and Outlays, ISM Mfg Index, Construction Spending, Auto Sales, Consumer sentiment

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Friday: Personal Income and Outlays, ISM Mfg Index, Construction Spending, Auto Sales, Consumer sentiment

There are several key economic releases on Friday. First, the Personal Income and Outlays report for January will be released. This will give some idea of how consumer spending is holding up following the payroll tax increase at the beginning of the year. Note that Personal Income will be off sharply in January since...
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Forecast: Solid Auto Sales in January

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Forecast: Solid Auto Sales in January

From Edmunds.com: January Auto Sales Suggest the Good Times Will Keep Rolling in 2013, says Edmunds.com Edmunds.com … forecasts that 1,045,587 new cars and trucks will be sold in the U.S. in January for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.3 million light vehicles. The projected sales will be … a 14.5...
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Tuesday: Office Vacancy Rate, Auto Sales

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Tuesday: Office Vacancy Rate, Auto Sales

First, from Reuters: JPMorgan Sued for Fraud by NY Attorney General New York Attorney General Eric Schneiderman on Monday filed a lawsuit against JPMorgan Chase for fraud over faulty mortgage-backed securities packaged and sold by the former Bear Stearns. The Residential Mortgage-Backed Securities Working Group was formed to probe the pooling and sale of...
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