October 3, 2013
- in Uncategorized by schooloftrade
Morning Prep 10/03/13; SchoolOfTrade.com
7:30am EST
Focus-Points this morning:
· Shutdown Up-Date: No major progress to report after meetings
between Obama and top Democrats and Republicans finished late Wednesday
between Obama and top Democrats and Republicans finished late Wednesday
· Shutdown will most likely impact
Friday’s Non-Farm Payroll report, no final decision made at this time
Friday’s Non-Farm Payroll report, no final decision made at this time
· Traders in the US have Jobless Claims
on schedule this morning
on schedule this morning
· US Factory Orders expected to be
delayed reporting this morning
delayed reporting this morning
· Global Equities are mixed overnight
over concerns of the US Shutdown
over concerns of the US Shutdown
· Chinese Manufacturing hits 6-month
highs
highs
· E-Mini S&P -.25%
· Crude Oil -.25%
· Euro +.25%
· FDAX +0.00%
Economic News on the schedule today:
As of
Wednesday 5:00 ET, no progress was made on resolving budget issues although a
meeting with legislative leaders was scheduled for Wednesday evening by
President Barack Obama. Regarding indicators, jobless claims is said to be on
schedule for Thursday morning but factory orders will almost certainly be
delayed for Thursday release. The
employment situation report increasingly appears to be off the calendar for
Friday as initially scheduled.
Wednesday 5:00 ET, no progress was made on resolving budget issues although a
meeting with legislative leaders was scheduled for Wednesday evening by
President Barack Obama. Regarding indicators, jobless claims is said to be on
schedule for Thursday morning but factory orders will almost certainly be
delayed for Thursday release. The
employment situation report increasingly appears to be off the calendar for
Friday as initially scheduled.
8:30am EST: Jobless
Claims
Claims
10:00am EST: Factory
Orders (expected to be delayed)
Orders (expected to be delayed)
10:00am EST: ISM
Non-Mfg Index
Non-Mfg Index
10:30am EST: John
Williams Speaks
Williams Speaks
12:45pm EST: Richard
Fisher Speaks
Fisher Speaks
