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<title>Automated Trader Tick data management RSS feed results</title>
<link>http://automatedtrader.net</link>
<description>
Automated Trader delivers immediate in-depth coverage of automated and algorithmic trading across all asset classes. Our global resource base utilises both online and print media to support market participants from both a business and a technological perspective. Give yourself an edge. Subscribe today.

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<language>en-uk</language>
<copyright>Copyright 2009 Algorithmic Media ltd</copyright>
<pubDate>Fri,  9 Jan 2009 17:22:08 -0600</pubDate>
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<title><![CDATA[Equities Close]]></title>
<link>http://automatedtrader.net/real-time-news-6231.xhtm</link>
<description><![CDATA[Equities finished the day significantly lower with the Dow down 1.6% to 8599, the S&amp;P falling 2.1% to 890 and Nasdaq dropping 2.8% to 1572.

S&amp;P futures sold off on the open and plunged below the 900 handle. It spent most of the morning hovering around 895 but attempted to rally midway through the afternoon. However, the S&amp;P could not break through resistance at 900 and closed near lows.

All ten sectors in the S&amp;P500 finished lower with Energy stocks falling 4.2% and Financials dropping 3.6%. Citigroup tumbled 5.7% and JP Morgan declined 4.6%.

There is no economic data on Monday. At 12:40pm, Atlanta FED President Lockhart will talk about the economy in Georgia. At 2pm, Treasury Secretary Paulson will speak on climate change in Washington.]]></description>
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<title><![CDATA[Preview: November Canadian New Housing Price Index Expected To Retreat 0.3%]]></title>
<link>http://automatedtrader.net/real-time-news-6230.xhtm</link>
<description><![CDATA[The November New Housing Price Index is expected to drop 0.3%, marking the second consecutive monthly decline after it fell 0.4% in October. October decline was the first one since September 98.
The data will be released by Statistics Canada at 8:30 am EST on Monday.]]></description>
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<title><![CDATA[Fixed Income Close]]></title>
<link>http://automatedtrader.net/real-time-news-6229.xhtm</link>
<description><![CDATA[Payrolls provided the usual head fake that markets should be used to by now, as the headline drop came in below the loudest &quot;whispers,&quot; but still was unambiguously weak. Stocks initially shrugged off the still-bleak news, while Treasuries initially weakened as the data appeared better than expected. But including back revisions in Oct and Nov, the overall downslope on jobs was quite steep. Accordingly, stocks subsequently slumped and dragged yields lower as well. The hawkish undertone from Fed&#039;s Lacker didn&#039;t strike a chord under the circumstances.]]></description>
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<title><![CDATA[Workweek measure at lowest level since 1964]]></title>
<link>http://automatedtrader.net/real-time-news-6225.xhtm</link>
<description><![CDATA[The average numbers of hours worked per week dropped to the lowest level since Labor began collecting such data (1964).]]></description>
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<title><![CDATA[Fixed Income Update]]></title>
<link>http://automatedtrader.net/real-time-news-6219.xhtm</link>
<description><![CDATA[Bonds are still catching a bid after December Non-Farm Payrolls data shed more light on the dismal US employment situation (7.2% unemployment, 2.6mln jobs lost in calendar 2008). The 30yr initially sold off with the equity bounce -- the Dec number wasn&#039;t as bad as forecast -- but has rebounded and pushed higher as markets digest the 150k of additional job losses made in October and November revisions.

The 10yr, meanwhile, dipped immediately on the data, jumped above pre-data levels, sold off again, and climbed to a new intraday high (125-23) in the past half-hour. The 5yr is now up 10 and the 2yr is up 5.]]></description>
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<title><![CDATA[FX Update]]></title>
<link>http://automatedtrader.net/real-time-news-6216.xhtm</link>
<description><![CDATA[Cable retraced the pre-data rally to trade back in to the 1.5150 area. After the very negative payroll print and subsequent downward revisions there was disappointment that Cable longs were not able to move above Thursday&#039;s 1.5372 high. Profit taking has been the overriding theme since, although some of the crosses have also acted as a drag, with GBP/JPY moving under 138.00 and GBP/CHF hitting 1.6830 as equity markets trade in the red. Elsewhere, EUR/GBP moved in towards Thursday&#039;s 0.8878 lows and hit intraday lows of 0.8885.]]></description>
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<title><![CDATA[Preview: November Wholesale Inventories]]></title>
<link>http://automatedtrader.net/real-time-news-6215.xhtm</link>
<description><![CDATA[&acirc;€&cent; November Wholesale Inventories are expected to fall 0.7% following a 1.1% drop in October, the biggest decline since Nov-01.

November Wholesales inventories will continue to be pushed downward due to plummeting petroleum prices. In fact, the petroleum component of inventories plunged a record18.2% in the October report. Energy prices in November PPI fell just under 11.2%, November CPI energy prices fell a record 17% and petroleum import prices fell a record 25.8% in November.

Wholesale sales are likely to experience a similar impact from lower energy costs in addition to downside cyclical pressures which are likely to thwart demand.

Other data:
&acirc;€&cent; November Factory Orders fell 4.6%, ex-transports fell 4.2%
&acirc;€&cent; The wholesale hours worked aggregate in the November employment report declined 0.7%]]></description>
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<title><![CDATA[Bonds Back At Pre-Data Levels]]></title>
<link>http://automatedtrader.net/real-time-news-6208.xhtm</link>
<description><![CDATA[30yr off 0.2%, 10yr down 0.1%, 2yr up 0.1%]]></description>
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<title><![CDATA[DECEMBER NON-FARM PAYROLLS -524k, UNEMPLOYMENT RATE 7.2%]]></title>
<link>http://automatedtrader.net/real-time-news-6207.xhtm</link>
<description><![CDATA[December Non-Farm Payrolls fell 524K, about the median estimate, but the previous 2 months were revised sharply lower. It was the 2nd downward revision to the October data -- originally -240k to -320k, and now revised another 123k lower to -423k. The November data were revised downward as well from -543k to -584k.  The pace of job losses over the past 4 months is at 1.9mln and the annual total is 2.6mln.  

The Unemployment rate shot up 0.4% to 7.2%,, the highest level since 1993 and at an accelerated pace from October/November.  Labor also supplied adjustments to the Unemployment Rate for the year; the rate has been adjusted upward by 0.1% for the last six months.   

The Manufacturing Sector lost 149k jobs versus an estimated 100k loss. It was the largest loss since 2002.  Construction shed 101k jobs.  The Service Providing Sector lost 273k jobs; 67k in Retail and 113k in Professional and Business Services.  

Government gained 7k jobs and Education and Health Services gained 45k.

Meanwhile, average hourly earnings ticked up 0.3% to $18.36.]]></description>
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<title><![CDATA[Preview: December Employment Report]]></title>
<link>http://automatedtrader.net/real-time-news-6205.xhtm</link>
<description><![CDATA[&acirc;€&cent; December Non-Farm Payrolls are expected to plummet 520k following a 533k plunge in November
&acirc;€&cent; The Unemployment Rate is expected to grow to 7% in December from 6.7% prior

The December jobs will likely to continue to show significant labor market deterioration as the economy continues to flounder. The worse-than-expected December ADP data (-693k), combined with the jump in December Challenger Job Cuts (274.5%), suggest extensive downside risk to NFP. Many analysts revised their forecasts lower after Wednesday, and estimates for NonFarm Payrolls now range from -350-750k.

December Manufacturing Employment is forecast to drop 100k after November&acirc;€™s 85k decline. Average Hourly Earnings are expected to edge up 0.2% while Average Weekly Hours are predicted to be unchanged at 33.5.

A positive sign for the report might be the December ISM Non-Manufacturing Index, which unexpectedly increased from 37.3 to 40.6.]]></description>
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