Monday, December 9, 2013

Dec 9th 2013

Friday a strong Employment Report was released, causing many to believe a December taper is still a possibility. Overnight, Germany announced their industrial production fell for a second month, this added speculation that the ECB will also keep borrowing costs low to support growth in Euro zone. Today no economic new is scheduled to be released. The first important announcement is Thursday with Retail Sales, Jobless Claims, and Business inventories all released before 10 AM. We will close the week with a Producer Price Index report on Friday.






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