New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
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 | 29 | 30 | 31 | 32 | 33 | all recent NOSYMBOL news | >>
June 12, 2013
05:40 EDTFX Action: USD-JPY is holding up
FX Action: USD-JPY is holding up, currently around the 96.70 area, following the move up from 96.00 in Asia to 97.00 after the London open. Early demand out of Europe was pinned on a Japanese agency, while good cross-JPY demand went through the commodity bloc currencies as retail names see value after Tuesday's meltdown. Of note, AUD-JPY managed to avoid a move through 90.00, where more large stops are noted. The move on 97.00 ran into sell-orders from exporters and there was light sell-interest from fast money accounts. If USD-JPY manages to hold steady today then large 97.00 option expiries may attract into the N.Y. session. On the downside a very large digital option at 95.00 is due to roll off tomorrow, but unlikely to be a factor unless stocks take another turn for the worse. Overnight, the Nikkei overcame earlier losses and closed close to flat following speculation that the GPIF may be looking to buy the index towards 13,000. The futures market is currently trading around 13,350 from overnight lows of 13,015.
01:10 EDTAsian stocks were broadly weaker
Subscribe for More Information
June 11, 2013
19:27 EDTTraders rig forex markets to profit from clients, Bloomberg says
A report from Bloomberg says that traders at "some of the world's biggest banks," though the report did not identify which banks, manipulated foreign-exchange markets by front-running client orders and pushing trades through during a window when benchmark rates are set. Reference Link
17:06 EDTJune Consumer Confidence to be released at 10:00
17:06 EDTMay New Home Sales to be released at 10:00
Subscribe for More Information
17:06 EDTJune State Street Investor Confidence Index to be released at 10:00
Subscribe for More Information
17:06 EDTWeek of 6/22 Redbook to be released at 08:55
Subscribe for More Information
15:57 EDTMay Durable Goods Orders to be released at 08:30
15:57 EDTWeek of 6/22 ICSC-Goldman Store Sales to be released at 07:45
Subscribe for More Information
15:10 EDTFX Action: USD-JPY took another leg down
Subscribe for More Information
15:05 EDTTreasury Closing Summary:
Treasury Closing Summary: Bonds recovered some lost territory on Tuesday as stocks remained underwater and Japan-bourne anxiety hit again in late NY trade as the yen sliced through Y97 to the mid-95s compared to Y99 in Asia into the BoJ meeting. Supply kept the front-end relatively defensive, however, after a rather uninspiring $32 B 3-year auction, though the long-end recovered with the latest Asian virus. There was also plenty of Fed taper talk to go around, with one rumor indicating a $5-10 B QE cut next week and another looking for a Sep move. Commodity weakness and liquidation continued, compounding risk-off trade.
14:30 EDTThe U.S. Treasury will sell $21 B in reopened notes on Wednesday
Subscribe for More Information
14:03 EDTMarket retreats from best levels
Subscribe for More Information
13:30 EDTThe U.S. 3-year note auction was weak.
The U.S. 3-year note auction was weak. The $32 B sale was awarded at 0.581%, versus 0.574% at the bid deadline and a 0.354% stop in May. There were $94.3 B in bids for a very light 2.95 cover. That compares with 3.38 at May's disappointing auction and a 3.55 average over the past 12 auctions. The the indirect bid rose to 33.1%, versus 30.7% in May and a 26.3% average. Direct bidders were awarded 8.4%, versus 14.6% in May. And primary dealers took 58.4%, versus 54.7% in May. The auction gets the mini-refunding off to a disappointing start, following on from lackluster demand for recent auctions in the face of Fed tapering fears.
13:15 EDTTreasury Action: yields backed up on 3-year auction
Subscribe for More Information
12:00 EDTU.S. corporate debt: a few more IG deals
U.S. corporate debt: a few more IG deals will hit the street, including Ascension's $430 M 40-year, MidAmerican's 22-year and Rice University's $115 M 50-year. Several high yield issues remain on deck as well, but nothing here to crowd the Treasury's $32 B 3-year offering much.
11:40 EDTThe U.S. 4-week bill auction was solid
Subscribe for More Information
11:25 EDTThe U.S. mini-refunding gets underway today,
The U.S. mini-refunding gets underway today, with the jump in yields since Friday's jobs data having suggested traders are nervous about having to take down more paper, especially at the long end, in advance of next week's FOMC announcement. Treasury will sell $32 B in 3-year notes (13 ET), the first leg of this week's $66 B mini-refunding. Recent auctions have met with lackluster demand. Indeed, May's 3-year sale was disappointing, with a 0.354% stop, a below average 3.38 cover (3.55 average) and a 30.7% indirect (26.3% average). The yield on the wi note is trading with a 0.571% bid, having pulled back from a 0.605% session high.
11:25 EDTFX Action: USD-CAD is flirting with Asian session lows
Subscribe for More Information
11:15 EDTNY Fed Ops: Fed bought $1.464 B in bonds
NY Fed Ops: Fed bought $1.464 B in bonds set to mature from Feb 2036 to Feb 2043, out of $3.51 B submitted by dealers for consideration. This is a drop in the bucket compared to the upcoming $32 B sale of 3-year notes, but marginally positive for Treasuries.
<< 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 | 29 | 30 | 31 | 32 | 33 | 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