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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Benkea who wrote (26316)	9/19/1999 8:32:00 PM
From: HighTech	Read Replies (1) \| Respond to of 99985

I don't think that is correct. See: cme.com

To: Benkea who wrote (26316)	9/19/1999 9:24:00 PM
From: Les H	Respond to of 99985

The intervention is supposed to start Tuesday in conjunction with the trade report and Japan's announcement of its plan for stimulating the economy. HIGHLIGHTS OF MARKET NEWS SURVEY OF US ECONOMIC FORECASTS WASHINGTON (MktNews) - This week is very light on data, as analysts likely turn their focus to the NAPM report and other indicators the following week. -- Trade in Goods and Services for July (deficit, billion $) Tuesday, September 21 at 8:30 a.m. EDT Actual: Median Range Responses Jul99 Jun99 May99 Trade Gap -$23.8b -$21.5b to -$25.5b 22 -- -$24.6b -$21.2b Comments: The trade gap is expected to narrow to $23.8 billion in July after posting a surprise $24.6 billion gap in June. Imports are expected to post a small decline after rising 3.9% in June. While oil prices moved higher in July, other components should move imports lower. Exports should show continued recovery, though at a slow pace. -- Treasury Statement for August ($ billions) Wednesday, September 22 at 2:00 p.m. EDT Actual: Median Range Responses Aug99 Jul99 Aug98 Balance -$5.0b -$3.0b to -$10.0b 16 -- -$25.2b -$11.2b Comments: The U.S. Treasury is expected to post a $5.0 billion deficit in August, improved from an $11.2 billion deficit in August 1998. Overall, the U.S. budget surplus remains well above year ago levels. -- Jobless Claims for week ended September 18 (change/level in thousands) Thursday, September 23 at 8:30 a.m. EDT Actual: Median Range Responses Sep18 Sep11 Sep4 New Claims +2/290 -8/280 to +10/298 10 -- -4/288 +2/292 Comments: Initial claims are expected to rise 2,000 to 290,000 in the September 18 survey week. Analysts caution, however, that an upside risk remains following Hurricane Floyd, which likely displaced some workers in the East. A larger-than-expected reading on claims would likely be reversed in the next week's data.