September 2014 Econ News

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Pedro da Costa ‏@pdacosta 1h

Germany secures record low yield of -0.07% at bond auction
http://on.wsj.com/1o2DvnK by @EmeseBartha


BI: Markets ‏@themoneygame 11m
Fitch warns that Europe could be facing a 'Doom Loop'
http://read.bi/1wpSXzE

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BI: Markets ‏@themoneygame 5m
STOCKS FALL, DOLLAR JUMPS AFTER FED ANNOUNCEMENT
http://read.bi/YT4Kvo

BI: Markets ‏@themoneygame 10m FED FOMC Statement [Full Text]
http://read.bi/1wqbxrp


Bill McBride ‏@calculatedrisk 5m
FOMC Statement: More Tapering, "Considerable Time" before rate increase
http://goo.gl/fb/GMmYS9


Brian Sozzi ‏@BrianSozzi 6m
Bye bye QE at next Fed meeting in October

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BI: Markets ‏@themoneygame 2m
JOBLESS CLAIMS TUMBLE TO 280,000 (305,000 Estimated)
http://read.bi/1s8fa7f


Steve Collins ‏@TradeDesk_Steve 2m
*U.S. INITIAL JOBLESS CLAIMS FELL 36,000 LAST WEEK TO 280,000


zerohedge ‏@zerohedge 2m
Initial Claims 280K, Exp. 305K

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Steve Collins ‏@TradeDesk_Steve 3m
HOUSING STARTS IN U.S. FELL 14.4% IN AUGUST TO 956,000 RATE


BI: Markets ‏@themoneygame 3m
HOUSING STARTS PLUMMET 14.4% (-5.2% Estimated)
http://read.bi/1s8fFOs


Bloomberg TV ‏@BloombergTV 3m
BREAKING: U.S. Aug. housing starts fell to 956K annual rate; est. 1,037K


zerohedge ‏@zerohedge now
August Housing starts and permits decline in every region, Multi-Family permits -13.4%, Multi-Family Starts -31.5%

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SoberLook.com ‏@SoberLook 8m
Chart: Canadian core CPI unexpectedly jumps -

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http://www.businessinsider.com/ukrai...ollapse-2014-9

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Goldman Sachs strategists see the euro tumbling all the way to $1 from the $1.29 level today.


"The euro has weakened by 8% versus the US dollar since May," Goldman Sachs' David Kostin wrote in a new note to clients. "We expect the downward gravitational pull on the EURUSD will persist for the next several years until it trades at parity versus the dollar by year-end 2017. From a spot of 1.29, our economists forecast the euro will depreciate by 7% vs. the dollar during the next year (to 1.20) and fall by 22% to parity by 2017."

Read more: http://www.businessinsider.com/goldm...#ixzz3E3DaSZYI

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Bloomberg TV ‏@BloombergTV now
BREAKING: U.S. August existing home sales fall 1.8% to 5.05 million rate


zerohedge ‏@zerohedge 24s
Existing home sales miss: 5.05MM, Exp. 5.20MM, Last 5.15MM. Eurozone Consumer Confidence misses too, -11.4, Exp. -10.5, Last -10.0


BI: Markets ‏@themoneygame 25s
EXISTING HOME SALES UNEXPECTEDLY FALL 1.8% (+1.0% Estimated)

http://read.bi/1qmLknU

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The most important number in the NAR report each month is inventory. This morning the NAR reported that inventory was up 4.5% year-over-year in August. It is important to note that the NAR inventory data is "noisy" and difficult to forecast based on other data.

The headline NAR inventory number is not seasonally adjusted, even though there is a clear seasonal pattern. Trulia chief economist Jed Kolko has sent me the seasonally adjusted inventory. NOTE: The NAR does provide a seasonally adjusted months-of-supply, although that is in the supplemental data.



Read more at http://www.calculatedriskblog.com/20...ZzmmY3yOVEH.99

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Bill McBride ‏@calculatedrisk 35m
DOT: Vehicle Miles Driven increased 1.5% year-over-year in July
http://goo.gl/fb/ijPzC9