BT Three Minute Markets Update
Summary: BT's Chief Economist Chris Caton and our expert product managers provide a recorded regular update on current market conditions. The updates are current, quick and easy to listen to.
- Visit Website
- RSS
- Artist: BT Financial Group
- Copyright: Copyright 2016 - BT Financial Group
Podcasts:
Down night: FTSE -0.8%, DAX -0.2% - main concern is ongoing worries about Greece; Dow and S&P both -0.6%.
US's April pending home sales report +3.4% - a nine-year high - and bouying the outlook for the economy.
US's April's durable goods -0.5%; April new homes sales +6.8%.
Another quiet night: FTSE +0.3%, DAX +0.4%, Dow -0.3%, S&P -0.2% - oil prices fell.
Quiet night: FTSE and DAX +0.1%, Dow flat, S&P +0.2% - S&P at yet another all-time record high.
US building in April accelerated appreciably: housing starts +20% - the most since 2007..
FTSE -0.2%, DAX -1.0%, S&P both Dow +0.1% - S&P at another all-time record high.
FTSE +2.3%, DAX +2.7%, S&P +1.4%, Dow +1.5%; Aus market should be up at opening.
US's April retail sales report came in flat; the economy may be regaining its footing but annualised quarter 2 GDP is tracking closer to 2.5% than 3%.
US Federal Government posted a monthly budget surplus of $157 billion; April's surplus is the largest monthly print in seven years.
FTSE +2.3%, DAX +2.7%, S&P +1.4%, Dow +1.5%; Aus market should be up at opening.
FTSE -0.7%, DAX +0.5%, S&P +0.4%, Dow +0.5%; Aus market likely to open flat or slightly down.
US's monthly trade deficit for March was considerably larger than estimates assumed; the actual posting being $51.4 billion.
American Factory Earnings up 2.1% over March, essentially matching consensus.
Positive all round: FTSE +0.4%, DAX both +0.2%, S&P +1.1%, Dow +1.0%.
