Daily Data Flow: Manufacturing Data Lowers Stocks; Corn Supply up, Prices down; Dollar, Euro Fall against Yen

Daily Data Flow

Manufacturing Data Lowers Stocks (Bloomberg)
U.S. manufacturing grew less than predicted last month, according to a new report, and that news sent stocks down to begin April. “The market is fairly sensitive at this level and that means we need continuing improvement in the economy to keep moving stocks forward,” Randall Warren, chief investment officer of Warren Financial Service in Exton, Pennsylvania, said. “We need good economic reports and we’re going to need good earnings reports later this month.”

Corn Supply up, Prices down (CNBC)
A recent government report showed that the corn supply was much higher than expected, and, in an occurrence beneficial to corn consumers, the price of the crop has fallen as a result. “We have to look at the upcoming corn crop rather than what’s influencing prices Thursday and today,” said David Maloni, economist at the American Restaurant Association. The price drop is “a good sign and it makes us more optimistic. It certainly helps.”

Dollar, Euro Fall against Yen (Reuters)
The aforementioned manufacturing data also led to the dollar falling against the yen to reach its lowest point against Japan’s currency in about a month. “The dollar sold off versus the yen after the disappointing ISM data, but trade is very thin and investors are likely using the data as an excuse to lighten dollar positions ahead of this week’s events,” said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington D.C. The euro also fell against the yen due to its ongoing problems.

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE

previous article

Welcome to PowerTalk, where we talk with CEOs, COOs and other key business people at public and private companies as well as other subject matter experts. Normally each week, I bring you one PowerTalk, but this week I have one last Easter egg that I want to share with you. That’s right, instead of one PowerTalk I not only have two for you that offer double the insight, but two that cover different ways of identifying companies that are doing it right. First up is Debra Kaye, a partner at


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • Intelligence Report
  • Bullseye Stock Trader

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group


Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor