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Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
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August 1, 2014
10:15 EDTU.S. construction spending plunged 1.8% in June
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10:10 EDTFX Action: The dollar showed no reaction
FX Action: The dollar showed no reaction to the Michigan sentiment outcome, which slightly missed expectations, though perked up some on the back of the improved manufacturing ISM print, offset some by soft construction spending. Following the post-jobs volatility, the greenback has settled into a narrow trading band, albeit near the bottom of its intra day range. EUR-USD has eased under 1.3410 from earlier 1.3433 highs, with USD-JPY near 102.85, up from 102.64 lows.
10:10 EDTU.S. ISM jumped up to 57.1 in July
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10:05 EDTU.S. consumer sentiment dipped to 81.8 in July
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10:02 EDTConstruction Spending data reported
June Construction Spending down -1.8% vs. consensus of 0.5% for the month
10:01 EDTISM Mfg Index data reported
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10:00 EDTU.S. Manufacturing ISM Preview
U.S. Manufacturing ISM Preview: The July ISM should reveal a slight increase to 55.5 (median 56.0) from 55.3 in June. The ISM is among the economic releases that is likely to benefit from the strong path of truck production in July. Analysts have already seen significant gains in many other measures of producer sentiment and analysts expect this trend to continue.
10:00 EDTToday's U.S. income report
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10:00 EDTU.S. Construction Spending Preview
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09:55 EDTU.S. July Auto Sales Update:
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09:51 EDTFutures improve but not enough for higher open
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09:45 EDTFor the U.S. jobs data impact on quarterly forecasts
For the U.S. jobs data impact on quarterly forecasts, analysts expect a 3.5% Q3 GDP growth clip after the hefty 4.0% Q2 climb but 2.1% plunge in Q1. Hours-worked have followed a more consistent growth path in 2014 than GDP, with a likely 2.5% growth rate unfolding in Q3 after a 3.8% Q2 clip and a 1.6% pace in Q1. Our GDP forecasts imply a 2.0% productivity growth clip in both Q2 and Q3, after a 3.2% contraction rate in Q1, with adjustments that will incorporate the annual revisions in Wednesday's GDP report. For 2014 overall, analysts expect 2.2% Q4/Q4 growth for real GDP with a 2.8% Dec/Dec hours-worked gain, following a 2013 mix of 3.1% and 1.8%, and a 2012 mix of 1.6% and 2.0%. Nonfarm payroll growth has been fairly stable over the last eight quarters despite a recent roller coaster for GDP growth. Analysts expect average payroll growth of 203k in Q3, after a higher 277k average in Q2 and a lower 190k average in Q1, though these adjacent extremes bracket the quarterly averages back to Q3 of 2012.
09:45 EDTU.S. Michigan Consumer Sentiment Preview
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09:35 EDTFor the U.S. jobs data impact on other July reports
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09:25 EDTTreasury Option Action: a calendar position roll
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09:15 EDTThe restrained 209k U.S. July payroll climb
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09:10 EDTFed Policy Outlook: the Fed will not be rushing to the exit
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09:05 EDTU.S. equities reversed pre-open losses
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08:50 EDTU.S. personal income rose 0.4% in June, with spending up 04%
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08:45 EDTU.S. nonfarm payrolls rose 209k in July
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