Sept. 19 (Bloomberg) -- Consumer prices in the U.S. unexpectedly fell in August for the first time this year, as Americans paid less for gasoline and housing costs moderated.
Obviously the Feds knew of this report before the meeting, but the gasoline part will change next month. ES has resistance at 1546/1546 and 1549. NQ would be 2071 and 2079.
Meanwhile, at the ranch:
Sept. 19 (Bloomberg) -- Builders in the U.S. began work on the fewest homes in 12 years in August, raising the risk the real- estate recession will spread to other parts of the economy.
The 2.6 percent decrease to a lower-than-forecast annual rate of 1.331 million followed July's 1.367 million, the Commerce Department said today in Washington. Building permits dropped 5.9 percent to a 1.307 million pace, also the lowest since 1995.
Obviously the Feds knew of this report before the meeting, but the gasoline part will change next month. ES has resistance at 1546/1546 and 1549. NQ would be 2071 and 2079.
Meanwhile, at the ranch:
Sept. 19 (Bloomberg) -- Builders in the U.S. began work on the fewest homes in 12 years in August, raising the risk the real- estate recession will spread to other parts of the economy.
The 2.6 percent decrease to a lower-than-forecast annual rate of 1.331 million followed July's 1.367 million, the Commerce Department said today in Washington. Building permits dropped 5.9 percent to a 1.307 million pace, also the lowest since 1995.
This entry was posted
on Wednesday, September 19, 2007 at 9/19/2007 08:34:00 AM.
You can skip to the end and leave a response.
» Post a Comment