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Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
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May 21, 2013
07:21 EDTNational Association of Publicly Traded Partnerships to host a conference
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07:13 EDTBond mutual funds continue to attract investors, Bloomberg reports
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07:12 EDTMutual funds take aim at directors pay, WSJ reports
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06:58 EDTTornado kills 91, levels neighborhoods, NY Times says
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06:47 EDTCentral bank says German economy poised to recover, Reuters reports
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06:08 EDTOn The Fly: Morning Wrap-Up for May 21
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06:00 EDTCBOE Volatility Index VIX closed at 13.02, 10-day moving average is 12.70
CBOE Volatility Index VIX 50-day moving average is 13.34.
05:59 EDTAs Fed suspense grows, dollar remains firm, Reuters reports
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05:56 EDTJune front month equity options expire, June 21, 2013
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05:45 EDTCommodities have eased
Commodities have eased as the USD index posted a modest 0.3% gain to settle close to 84.00. Nymex is 0.2% lower to trade back below $97 bbl, while nominal gold headed back to $1377 on profit taking after it peeked above $1400 into the European open. Crude was boosted yesterday reportedly on news of a Saudi supply contraction and ongoing concerns about the Syrian conflict dragging others into the turmoil. Gold cut a large part of last week's losses amid a stop hunt during Monday's N.Y. afternoon amid expectations that Fed Chairman Bernanke could balance the recent argument for policy tapering.
04:55 EDTCNY strengthened to levels from late 1993
CNY strengthened to levels from late 1993 versus the USD, close to 6.1300 in the OTC market, as the overnight fix reached the highest level since the 2005 revaluation at 6.1911. Ongoing firmness fueled recent speculation that the PBoC will widen the FX trading band. Local economists expect PBoC to allow greater flexibility by Q3 as Beijing moves slowly to liberalise markets. The PBoc have warned over increased capital inflows and it has used its currency as way to manage inflationary pressures. The frothy inflationary backdrop has tied the PBoC's hand to a degree on policy at a time when the economic backdrop has been relatively mixed. Beijing is also a clever operator politically and Chinese President Xi Jingping is due to meet U.S. President Obama on June-7-8, where currencies are also expected to feature.
04:20 EDTFX Action: USD-JPY is underpinned
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01:20 EDTAsian stocks consolidated
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May 20, 2013
15:02 EDTApril Construction Spending to be released at 10:00
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15:02 EDTMay ISM Mfg Index to be released at 10:00
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14:55 EDTTreasury Closing Summary:
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14:50 EDTTreasury Options Trade: a large block trade
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14:17 EDTAverages trading near session lows
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14:05 EDTMore from Evans: the Fed may, or may not allow assets to run off
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13:44 EDTMoody's warns on U.S. downgrade without budget deal, Bloomberg says
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