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Old 18-11-2004, 07:37   #66 (permalink)
TrendlineBreak
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In the past when I was straddling the news the best ones I found were:

US Trade Balance
US GDP
US Chicago NAPM
US Consumer Confidence
US Retail sales (sometimes)
US Consumer Price Index
US Industrial Production
US Durable Goods

This isn't a full list, but these are the ones that tend to give the nicest moves especially if the numbers are out of whack with the consensus.

Obviously they don't always move, and they don't always only move one way, you need to have a feel for the macro picture of what the economy is doing and what people are finding important at the moment.

I tend to look at the daily Bank reports on news days, especially mellon which I find very accurate.

Forget about things like construction spending, housing starts, home sales.
personal income, weelky initial jobless, factory orders, chain store sales, and all the other smaller releases, they just do not have the power to move the markets as a general rule.
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