New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | all recent NOSYMBOL news | >>
May 19, 2015
10:33 EDTThe FTC to hold a press conference on major consumer fraud case
Subscribe for More Information
10:20 EDTFed Policy Outlook: the FOMC is on course for rate liftoff later this year
Subscribe for More Information
10:14 EDTBarclays industrials analysts hold an analyst/industry conference call
Industrials Analysts provide a weekly industry outlook on an Analyst/Industry conference call to be held on May 19 at 11 am.
10:00 EDTSF Fed writes "shockingly weak" Q1 GDP was likely a statistical anomaly
Subscribe for More Information
10:00 EDTFX Action: USD-JPY has run into sellers from the 120.45 level
FX Action: USD-JPY has run into sellers from the 120.45 level, with offers reportedly in place now from 12050 to 120.80. Pent up yen demand from Japanese exporters is the likely source of the USD-JPY selling interest, though with yields staying firmer, and overall dollar pullback limited, the market may well begin to test the depth of the sellers.
09:55 EDTEconomic Club of New York to hold a luncheon meeting
Subscribe for More Information
09:55 EDTStocks fluctuate around flatline in early trading
Stock futures remained in positive territory throughout the pre-market trading session, showing little reaction to the better than expected housing starts and building permits data. The futures action led to a positive open for the broader market, but the averages have turned mixed in the early going, with the Dow down 20 points, the Nasdaq up 3 points and the S&P down 1 point.
09:52 EDTFinancial Stability Oversight Council holds an open session meeting
Subscribe for More Information
09:35 EDTU.S. starts and permits revealed big April rebounds
Subscribe for More Information
09:25 EDTTreasury Action: Treasury-Bund note spread gapped out to 168 bps
Treasury Action: Treasury-Bund note spread gapped out to 168 bps as recent data/events highlight the divergent policy paths of the FOMC and the ECB. The 10-year Treasury rate climbed to 2.27% after the data, while the Bund yield is down over 4 bps to 0.59% currently (it was as low as 0.549% in European trading). The spread was as wide as 184 bps just prior to the April 29 FOMC statement amid fears of a hawkish tone (which turned out not to be the case). The stronger than expected housing starts figures gives credence to the Fed's view that much of the Q1 weakness was "transitory," which keeps alive the potential for rate liftoff later this year (June still seems unlikely). Meanwhile, European bond yields dropped sharply overnight on ECB comments that they are prepared to accelerate QE amid summer doldrums. Spread plays should remain volatile near term with a lot of key U.S. data ahead, including the June 5 employment report.
09:25 EDTFX Action: USD-CAD is on one-month highs of 1.2239
Subscribe for More Information
09:00 EDTU.S. stocks will try to extend higher
U.S. stocks will try to extend higher after the S&P 500 made a new record high on Monday. The risk rally has gained added traction on China stimulus speculation and ECB willingness to accelerate bond purchases in May and June, so as not to hamper liquidity in July and August. Although bond yields have backed up from session lows, contending with the much stronger than expected U.S. housing data. In corporate news, Wal-Mart has reported Q1 earnings that missed estimates, hurt by the stronger dollar, according to Bloomberg. Urban Outfitters has also disappointed with Q1 earnings. But Home Depot has raised its profit and sales guidance for the year on the back of the housing market recovery. Meanwhile, H-P plans to sell its Chinese unit to Tsinghua Unigroup, according to the WSJ. S&P 500 futures have firmed 3.75 points, Nasdaq futures have increased 15.5 points. And Dow futures have advanced 41 points.
08:59 EDTRedbook Store Sales data reported
Subscribe for More Information
08:50 EDTFX Action: The dollar rallied across the board
FX Action: The dollar rallied across the board after the much better than expected housing starts data. EUR-USD fell to one-week lows of 1.1140 from 1.1190, as USD-JPY ramped up to two-week highs of 120.43, from 120.18. Euro support is now seen at 1.1131, the May 11 low, while USD-JPY resistance is at 120.50, the May 5 high. Equity futures kept their gains, as yields moved higher.
08:50 EDTTreasury Action: Treasury gains were undone by the stronger housing data
Subscribe for More Information
08:46 EDTCowen healthcare analysts hold an analyst/industry conference call
Subscribe for More Information
08:40 EDTU.S. housing starts surged 20.2% to 1,135k in April
Subscribe for More Information
08:33 EDTFutures remain higher following housing data
Subscribe for More Information
08:20 EDTU.S. housing starts preview:
U.S. housing starts preview: starts are expected to rise another 8.0% to a 1,000k pace, after the 2.0% March gain, still correcting from the 15.3% weather-impacted plunge in February. Despite the gains, starts are still below the recent high of 1,098k in July. Permits should improve to a 1,055k pace from a revised 1,042k in March (were 1,039k).
08:05 EDTOil Action: NYMEX crude traded to lows of $59.41
Oil Action: NYMEX crude traded to lows of $59.41 in London, after Saudi Arabia reported crude shipments of nearly 8 M bpd, a 10-year high. In addition, slack global demand, particularly in China, should see oil prices head lower still in the coming weeks. RBOB gasoline futures are near one-week low, trading at $2.03/gallon, leaving U.S. average retail prices at $2.71/gallon, up 5 cents from a week ago, and up 25 cents from a month ago, according to AAA data. Demand going into the U.S. Memorial day holiday weekend has helped gasoline prices higher. Natural gas futures meanwhile, touched four-month highs of $3.06/M BTU, as warmer weather throughout much of the U.S. ramps up electricity demand.
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | all recent NOSYMBOL news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use