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Ben Bernanke

Discussion in 'Forex Daily News & Outlook' started by MTnews, Oct 15, 2010.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for October 15, 2010

    Ben Bernanke

    Federal Reserve Chairman Ben Bernanke implicated in his speech at a Fed conference in Boston this morning that the Fed is about to take action to boost the recovery. (Read more at Millennium-Traders.Com)

    Economic data released today:

    Retail Sales (MoM):
    August Retail & Food Sales Revised to rise 0.7% from an increase by 0.4%; U.S. September Retail & Food Sales Excluding-Autos rose 0.4%; U.S. September Retail & Food Sales rose 0.6%; Compared to Consensus of an increase by 0.4%; U.S. Real Average Weekly Earnings fell 0.1% in September.

    CPI (MoM):
    U.S. September Consumer Prices rose 0.1%; Compared to Consensus of an increase by 0.2%; U.S. September CPI Energy Prices rose 0.7%; Food Prices rose 0.3%; U.S. September CPI Unrounded rose 0.102%; Core rose 0.001%; U.S. September CPI Excluding-Food & Energy Unchanged; Compared to Consensus of an increase by 0.1%.

    New York Empire State Manufacturing Index:
    New York Fed October Prices Received 8.33 versus 1.49 in September; New York Fed October Employment 21.67 versus 14.93 in September; New York Fed October New Orders 12.90 versus 4.33 in September; New York Fed's October Manufacturing Index 15.73 versus 4.14 in September.

    Michigan Consumer Sentiment Index:
    University of Michigan Mid-October Sentiment 67.9.

    At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
    DOW (Dow Jones Industrial Average) shed 31.63 points, EOD 11,062.94
    NYSE (New York Stock Exchange) shed 27.21, EOD 7,520.05
    National Association of Securities Dealers Automated Quotations (NASDAQ) gain 32.3 points, EOD 2,467.68
    S&P 500 (SPX) shed 4.58 points, EOD 1,173.52
    BEL 20 (BEL20) shed 4.13 points, EOD 2,658.78
    CAC 40 (CAC40) gain 8.2 points, EOD 3,827.37
    FTSE100 (UKX100) shed 23.84 points, EOD 5,703.37
    NIKKEI 225 (NIK/O) unchanged, EOD 9,500.25

    New York Stock Exchange (NYSE) stock market indicators for the trading session today:
    Advanced stock prices 1,184, declined stock prices 1,870, unchanged stock prices 105, stock prices hitting new highs 234 and stock prices hitting new lows 10. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: POT shed 2.27, HOD 146.62, LOD 144.53, EOD 144.94; CME shed 2.58, HOD 269.50, LOD 262.84, EOD 267.51; STX gain 2.82, HOD 15.62, LOD 14.50, EOD 15.51; FAN gain 0.03, HOD 10.72, LOD 10.61, EOD 10.65; WBS shed 0.31, HOD 18.60, LOD 16.83, EOD 17.67; RIO shed 0.52, HOD 66.64, LOD 65.51, EOD 66.41.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
    Advanced stock prices 1,278, declined stock prices 1,354, unchanged stock prices 140, stock prices hitting new highs 185 and stock prices hitting new lows 27. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: BIDU gain 0.46, HOD 101.49, LOD 8.55, EOD 98.66; AAPL gain 12.43, HOD 315.00, LOD 304.91, EOD 314.74; FLSR gain 2.29, HOD 144.82, LOD 140.11, EOD 144.56; APOL shed 1.42, HOD 37.95, LOD 35.76, EOD 36.58; NFLX gain 2.94, HOD 155.83, LOD 152.06, EOD 155.72; AMZN gain 9.11, HOD 164.88, LOD 156.99, EOD 164.64; INFY shed 2.40, HOD 70.70, LOD 68.10, EOD 68.61.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
    Advanced stock prices 195, declined stock prices 275, unchanged stock prices 44, stock prices hitting new highs 22 and stock prices hitting new lows 3.

    Chicago Board of Trade Futures Market for the day, at time of this posting:
    E-mini S&P 500 (ES) Mar 10: EOD 1172.50; Change -1.00
    E-mini NASDAQ-100 (NQ) Mar 10: EOD 2,094.25; Change 32.25
    E-mini DOW $5 (YM) Mar 10: EOD 11,005; Change -47
    Nikkei 225 (Yen) Mar 10: EOD 9,530; Change -35

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.7161 to U.S. Dollars 1.4000
    Japanese Yen 81.4250 to U.S. Dollars 0.0122
    British Pound 0.6257 to U.S. Dollars 1.6000
    Canadian Dollar 1.0130 to U.S. Dollars 0.9875
    Swiss Franc 0.9594 to U.S. Dollars 1.04

    COMMODITY MARKETS:
    Energy Sector - Nymex:
    Light Crude (November 10) shed $1.44, EOD $81.25 per barrel ($US per barrel)
    Heating Oil (November 10) shed $0.05, EOD $2.23 a gallon ($US per gallon)
    Natural Gas (November 10) shed $0.12, EOD $3.54 per million BTU ($US per mmbtu.)
    Unleaded Gas (November 10) shed $0.03, EOD $2.10 gallon ($US per gallon)

    Metals Markets - Comex:
    Gold (December 10) shed $5.60, EOD $1,372.00 ($US per Troy ounce)
    Silver (December 10) shed $0.14, EOD $24.29 ($US per Troy ounce)
    Platinum (January 10) shed $17.20, EOD $1,695.40 ($US per Troy ounce)
    Copper (December 10) gain $0.23, EOD $3.84 ($US per pound)

    Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
    Lean Hogs (December 10) gain $0.05, EOD $68.90
    Pork Bellies (February 10) gain $1.50, EOD $103.50
    Live Cattle (December 10) gain $1.85, EOD $100.12
    Feeder Cattle (November 10) gain $0.67, EOD $109.60

    Other Commodities - Chicago Board of Trade (cents per bushel):
    Corn (December 10) shed $4.25, EOD $563.00
    Soybeans (November 10) shed $3.25, EOD $1,195.75

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