Wednesday, August 21, 2013

LIVE ECON DATA NEWS & ANALYSIS

MARKET ANALYSIS:

Our FOMC MINUTES PROFILING AND ANALYSIS REPORT IS OUT. READ it here READ OUR "WHAT TO EXPECT"

Key Points For Today's Trading:

  • The Greenback took a thrashing yesterday as the continued strong inverse correlation with Fixed Income was seen again.
  • The BIG DAY has finally arrived - FOMC MINUTES. READ OUR "WHAT TO EXPECT"
  • Germany admits that Greece will need further assistance - no surprise there
  • Geopolitical Risks are still present but the markets are waiting for the next move one way or another. Track WTI price action for confirmation
LIVE ECON DATA:

Real Time Economic Calendar provided by Investing.com





SPEAKERS & AUCTIONS:
Merkel , Schaeuble[DE], Letta [IT] //Schatz Auction

SUMMARY:
Another relatively quiet day on the docket for Econ Data and Speakers. There is no major news story except that everyone is talk FOMC Minutes. READ OUR "WHAT TO EXPECT"





GLOBAL MACRO THEMES:
FED Tapering in Sept / Debt Ceiling / Student Loans and Muni's Defaults / Eurozone Dysfunctionality / China Slowdown / Japan's Money Printers / UK Improving on higher inflation and falling wages / EM Slowdown in Full Swing


HEADLINES:
Summary: IMPORTANT! Is it just me or does almost every headline tie in any recent price action to the FED Minutes? This is the story traders will want to hear READ OUR "WHAT TO EXPECT"

Today's Trading News:

Global Macro News:










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