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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (21912)1/17/2003 10:01:56 AM
From: mph  Read Replies (1) | Respond to of 57110
 
smooch!



To: tuck who wrote (21912)1/17/2003 10:06:23 AM
From: Jorj X Mckie  Respond to of 57110
 
09:19 ET Industrial production weaker than expected
Production fell 0.2% in December instead of the 0.2% increase that the market had expected; the capacity utilization rate fell to 75.4% vs the 75.7% consensus. Weakness was centered in the motor vehicles category which has been quite volatile and fell 4.7% in Dec after a 4.3% increase in Nov. Excluding this category, production rose 0.2%. This report is unlikely to have much impact as it shows only that manufacturing remains sluggish, but probably is not pointing to a new round of weakening.

08:30 ET Trade Deficit $40.1 bln vs $36.4 bln consensus
Deficit was much wider than expected in November due to a 4.9% surge in imports; this could put some pressure on the dollar and possibly stocks as well, though upcoming production and consumer sentiment reports will be more important.