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Succinct Summations of Week Events 4.17.15
Succinct Summations week ending April 17th Positives: 1. The Hang Seng Index crossed 28,000 for the first time since 2007 2. Initial jobless claims rose to 294k vs the 280k expected (bellows 300k for 6 straight weeks). 3. Core CPI rose 1.8% vs expectations of a 1.7% rise. 4. The NAHB index rose to 56, better than the 55 expected and up from 52. Negatives: 1. Retail sales rose 0.9% vs expectations of +1.1%, the fourth consecutive miss. 2. China’s exports fell 15% versus expectations for a 12% rise. 3. Core retail sales rose 0.5% vs expectations of a 0.6% rise. 4. New York Fed fell to -1.19 vs expectations of 7, the ... (full story)