For more information visit:http://www.worldmarketmedia.com/779/section.aspx/2562/post/5-things-to-know-before-trading-today5 Things to Know Before Trading Today By: Ronald Russo About the Author WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor's Desk authors...more
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3 Things to Know For Today's Trading *The Q3 reading of Australian Business Confidence rose six points to 9, taking back some of the considerable 13 point decline seen in the previous quarter. *The latest reading of German Consumer Confidence was steady at 4.9, a couple tenths short of the forecast. *The September reading of Germany's Import Price Index was +0.3%, one tenth more than expected. *The initial reading of the UK Q3 GDP was twice the estimate, a quarter on quarter gain of 0.8%; but down from the 1.2% pace set in Q2. *The weekly report on chain store sales from ICSC showed a sales increase of 0.3% on a week on week basis for the week ended October 23. They say sales were up 1.9% for the week when compared to the corresponding week from a year ago and they revised down their October forecast to +2.0% to +2.5%, from a previous estimate for a monthly sales gain of 2.5% to 3.0%. The Johnson Redbook report on the same thing is due out at 7:55am CDT. *The August reading of the Case/Shiller Home Price is due out at 8:00am CDT, it is expected to show a year on year gain of 2.10%. The October reading of Consumer Confidence is due out at 9:00am CDT, it is...more
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3 Things You Need to Know Before Trading By: Ronald Russo About the Author WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor's Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. (ArticlesBase SC #3034952) Article Source: http://www.articlesbase.com/ - 3 Things You Need to Know Before Trading more
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