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What is it? It checks the number of individuals who filed for unemployment insurance for the first time during the past week.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? December 24th at 8:30am Eastern Time.

 

Trading Tip: If the number is lower than the forecast, you can expect the USD to rise.

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What is it? It checks the level of a composite index based on 219 economic indicators.

Combined reading of 219 economic indicators related to banking confidence, production, new orders, consumer confidence, exchange rate, money supply, interest rate spreads, stock market prices, and housing.

When? December 24th at 3:00am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the CHF to rise.

Talk to us to get get FREE signals and start earning now: 

 

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


 1) Stocks Starting at Record Highs

The S&P 500 (DIVD) and Dow Jones industrial average (DJIAJTH) closed at record highs Monday, and the Nasdaq (BANK) closed with a gain of 0.3%, but more gains may be hard to come by Tuesday.

US stock futures were flat ahead of the opening bell.

European markets were edging higher in early trading, while most Asian markets either closed with losses or ended the day unchanged.


2) Big Hong Kong IPO Fizzles

One of China's richest men -- Wang Jianlin -- brought his real estate group Dalian Wanda to market Tuesday on the Hong Kong stock exchange. The shares were priced at $48 each but slipped by about 3% on their debut.

The Chinese billionaire is heavily invested in real estate, hotels, entertainment and luxury yachts. He's also been looking at buying Lions Gate (LGF), the studio behind "The Hunger Games" movies.


3) Greek tragedy?

Greece's parliament is trying to elect a president Tuesday, with results expected around 6:00am ET. If it fails again, it will have one final chance on December 29, or new parliamentary elections will be called.

That could allow left-wing opposition party Syriza to take power, threatening the viability of Greece's mammoth bailout, its markets and a fragile recovery from six years of painful recession.


4) Earnings and Economics

Walgreens (WAG) is set to release quarterly earnings ahead of the open.

On the economic side, the Bureau of Economic Analysis will release its third estimate of US gross domestic product at 8:30am ET. According to the latest reading, GDP expanded by 3.9% in the third quarter, which was better than expected.

The Census Bureau will also announce new home sales data from November at 10:00am ET. The data missed expectations in October.

 

Talk to us to get get FREE signals and start earning now: 

 

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What is it? It checks the annualized number of new single-family homes that were sold during the previous month.

It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

When? December 23rd at 10:00am Eastern Time.

 

Trading Tip: If the number is higher than the forecast, you can expect the USD to rise.

Talk to us to get get FREE signals and start earning now: 

 

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4 Tips for Today's Trading - 22/12

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