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Stock Market & Financial Investment News

News Breaks
September 12, 2012
06:59 EDTU.K. jobless claims dropped sharply, Reuters reports
The number of British citizens claiming unemployment benefits in August fell by the largest amount since June 2010, according to Reuters. Reference Link
News For NOSYMBOL From The Last 14 Days
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June 19, 2013
16:03 EDTWeek of 6/28 EIA Petroleum Status Report to be released at 11:00
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15:40 EDTAction Alert: Fed funds and euro$ contracts have been crushed
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15:31 EDTWeek of 6/28 EIA Natural Gas Report to be released at 10:30
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15:30 EDTBernanke on commodity prices:
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15:21 EDTBernanke says most commodities' prices off peaks of last year
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15:20 EDTBernanke on MBS:
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15:15 EDTBernanke on Jackson Hole:
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15:10 EDTU.S. weekly jobless claims preview:
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15:10 EDTFX Action: The dollar has climbed further
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15:10 EDTBernanke on inflation:
Bernanke on inflation: he echoed the policy statement that longer term inflation readings remain stable, but said there are some transitory factors that are keeping near term rates subdued. The Fed isn't taking anything for granted, he said, and added policymakers are carefully monitoring inflation data. He acknowledged that TIPS rates have come down but remain within historical norms. The Fed is trying to ensure both that inflation doesn't come in too high, or too low.
15:09 EDTBernanke says mortgage-backed securities market 'still quite healthy'
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15:05 EDTBernanke on rising rates: he reiterated that the jobless rate figure is a threshold
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15:03 EDTJune ISM Non-Mfg Index to be released at 10:00
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15:02 EDTAverages extend losses as Bernanke press conference continues
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15:00 EDTBernanke Q&A: Chairman Bernanke reiterated there's been no policy change
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14:57 EDTBernanke says just holding securities will put downward pressure on rates
Holding assets will put downward pressure on interest rates even after the Fed has stopped purchasing assets, Bernanke said.
14:54 EDTBernanke refuses to answer question about whether he will stay in job in 2014
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14:48 EDTBernanke says increased optimism about housing compensates for higher interest
14:46 EDTBernanke says asset purchases tied to economy, not calendar
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14:42 EDTBernanke says committee on track to reduce asset purchases later this year
If economic data comes in as expected, the Fed anticipates that it will be appropriate to moderate its asset purchases later this year, Bernanke said. The process would continue into 2014, and asset purchases would likely cease when the unemployment rate is about 7%, Bernanke said.
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