Monday, August 4, 2008

Financial Roadmap for August 4 to 8, 2008:

The economic indicators and scheduled events this week are all over the map with numbers due out in retail, wholesale, housing, manufacturing, consumer confidence and employment plus central bank announcements with potential to stir up Forex markets.


Rolling Recessions Bring Bernanke, King, Trichet Monetary Policy Paralysis

Recessions are threatening to crash over the world economy in waves, as one country after another turns down a year after the onset of the global credit crisis.


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U.S. Consumer Spending Probably Slowed in June as Boost From Rebates Faded

Consumer spending probably slowed in June as the boost from tax rebates waned, signaling near-record gasoline prices and a weakening labor market hurt households, economists said before a report today.


Japan July monetary base -0.7 pct yr/yr - BOJ

Europe's Economic Slump Widens

Manufacturing contracted in most of the euro zone as tight credit and high oil prices stoked recession fears.


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Saturday, August 2, 2008

ISM Manufacturing Report on Business - July 2008

Construction Spending - June 2008

Employment Situation - July 2008

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U.S. Jobless Rate Climbs to Highest in Four Years, Posing Economic Threat The U.S. unemployment rate rose to the highest level in more than four years as employers cut jobs again in July, increasing the threat of a deeper economic slowdown.

U.S. July auto sales spiral to 16-year low Friday, DETROIT (Reuters) - U.S. auto sales plunged to a 16-year-low in July, led by a 27 percent drop at General Motors Corp , as high gas prices and tight credit sent the industry into a tailspin

Manufacturing in U.S. Stagnated in July as Soaring Costs Hurt Producers Manufacturing in the U.S. stagnated in July as orders slumped to the lowest level in almost seven years, signaling higher raw material costs and slower spending are hurting producers.

U.S. inflation pressures near six-year low - ECRI

Global manufacturing sinks to 5-yr low, prices soar

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Friday, August 1, 2008

July 31, 2008 Economic Indicators

Money Supply (M1 and M2) - July 31, 2008 - Jul 31, 2008

Gross Domestic Product (GDP) - 2nd Quarter 2008 Advance - Jul 31, 2008

Monster Employment Index - July 2008 - Jul 31, 2008

Jobless Claims - July 31, 2008 - Jul 31, 2008

Payrolls in U.S. Probably Decreased For Seventh Consecutive Month in July The U.S. probably lost jobs in July for a seventh consecutive month and the unemployment rate rose, increasing the risk the economic slowdown will worsen, economists said before a government report Friday.

GDP up modestly on stimulus and jobless claims jump

Data quirk blamed for U.S. jobless claims spike