vendredi 17 avril 2015

Succinct Summations of Week Events 4.17.15

Succinct Summations week ending April 17th



Positives:



1. The Hang Seng Index crossed 28,000 for the first time since 2007

2. Initial jobless claims rose to 294k vs the 280k expected (bellows 300k for 6 straight weeks).

3. Core CPI rose 1.8% vs expectations of a 1.7% rise.

4. The NAHB index rose to 56, better than the 55 expected and up from 52.



Negatives:



1. Retail sales rose 0.9% vs expectations of +1.1%, the fourth consecutive miss.

2. China’s exports fell 15% versus expectations for a 12% rise.

3. Core retail sales rose 0.5% vs expectations of a 0.6% rise.

4. New York Fed fell to -1.19 vs expectations of 7, the third straight monthly decline.

5. March housing starts rose 2% to 926k, vs expectations 15.9% and 1040k.

6. CPI fell 0.1% y/o/y vs expectations of no change.

7. Building permits fell 5.7%

8. Stocks had a rough session Friday, posting their biggest lo

Succinct Summations of Week Events 4.17.15

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