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 | all recent NOSYMBOL news | >>
October 28, 2014
08:15 EDTU.S. durable goods orders preview:
U.S. durable goods orders preview: durable goods orders are expected to fall 0.5% in September (median 0.7%) vs -18.4% in August, with shipments seen remaining unchanged. Inventories are expected to grow by 0.5% in September, which would leave the I/S ratio up to 1.65 from 1.64. Forecast risk is slightly upward, as there should be some recovery from the August plunge. preview for more.
07:50 EDTFX Update: The dollar posted a moderate gain
Subscribe for More Information
07:48 EDTICSC-Goldman Store Sales data reported
Subscribe for More Information
07:45 EDTFX Update: The dollar posted a moderate gain
FX Update: The dollar posted a moderate gain in generally subdued trading conditions as market participants hunker down ahead of tomorrow's FOMC announcement in the absence of fresh leads. The SEK was the main exception as the currency dropped sharply after the Riksbank cut interest rates to zero from 0.25%, below the median forecast of 0.05%. This is the second quarter point cut in three months, prompted by the threat of deflation in Sweden. EUR-SEK spiked to a near four-month high at 9.3482 as the crown 'officially' became a funding currency choice for carry trades. EUR-USD, meanwhile, dipped to 1.2684, though remained above yesterday's low and near to the 20-day moving average at 1.2394. USD-JPY recovered the 108.00 handle amid the firmer tone in the dollar and despite Japanese retail sales coming in at +2.7% m/m in September, which was well up on the median expectation for +0.8% and encouraging news given the impact the sales tax hike has had on the sector since it was implemented in April. However, a generally gloomy set of rhetoric out of officialdom offset, with IMF's Shinohara, for instance, remarking that 'Abenomics' is failing to turn the Japanese economy around.
07:36 EDTFOMC to hold a two day meeting
FOMC Meeting is being held in Washington, D.C. on October 28-29 with a rate decision to be announced on October 29.
07:25 EDTMarket appears ready to extend its recent gains
U.S. equity futures are higher this morning as the market looks ready to extend its most recent winning streak. Solid earnings reports and firmer oil prices have led investors to bid for stocks in the early going. Investors will also be examining several economic data points for clues about the economy's outlook. Due to be released today are the durable goods orders report, the Case/Shiller home prices report, and a consumer confidence reading.
07:23 EDTU.S. Chamber of Commerce to hold a conference
Subscribe for More Information
07:23 EDTUBS to hold a conference
Equities Quantitative Investment Conference is being held in New York on October 28.
07:20 EDTCredit Suisse to hold a conference
5th Annual China Investment Conference is being held in Hong Kong on October 28-30.
05:56 EDTOn The Fly: Morning Wrap-Up for October 28
Globex S&P futures are recently up 10.60 from previous day’s SPX cash close. Nikkei 225 down 0.38%, DAX up 1.46%. WTI Crude oil is recently at $80.92, natural gas up 0.34%, gold at $1227 an ounce, and copper up 0.42%.
05:53 EDTNovember front month equity options last day to trade is November 21, 2014
Subscribe for More Information
03:15 EDTFX Update: Markets have been subdued ahead of the FOMC meet
Subscribe for More Information
October 27, 2014
21:35 EDTBoJ's Kuroda: the positive cycle remains intact
Subscribe for More Information
21:00 EDTJapan's N-225 reversed into the red
Japan's N-225 reversed into the red after initially ticking higher at the open following the relatively upbeat Japan retail sales figures, accompanied by a failed probe by USD-JPY of 108.00 before pulling back below. Note, Japan Finance Minister Aso subsequently suggested the government was considering compiling a new economic support package after considering the July-September economic data, when asked about whether the government would confirm in December a follow-up sales tax hike next year. Therein lies the rub, as another package could be designed to offset the tax shift, rather than see it abandoned.
20:15 EDTJapan retail sales surged 2.3% y/y in September
Subscribe for More Information
17:14 EDT Boston Federal Reserve Bank President Eric Rosengren Speech to be released at 10:00
Subscribe for More Information
15:10 EDTTreasury Closing Summary:
Subscribe for More Information
15:05 EDTTreasury Action: the markets were in a holding pattern today
Subscribe for More Information
14:15 EDTU.S. corporate bond update: a number of issues are on the calendar today
U.S. corporate bond update: a number of issues are on the calendar today, but they are being readily digested. PNC Bank has a 1.25 B 2-trancher, including 5- and 10-year notes. Procter & Gamble has a $1 B 5-year fixed, and floating deal. TIAA is offering benchmark sized 5- and 10-year paper. And Tri-State Generation is selling $250 M in 10s and $250 M in 30s. Issuance for the month totals $75.25 B.
13:45 EDTTreasury Action: yields remain slightly lower on the day
Treasury Action: yields remain slightly lower on the day, as do stocks. The markets are in a holding pattern ahead of the FOMC announcement on Wednesday. The 10-year rate is hovering just over 2.25%. Many analysts/strategists are touting curve steepening trades at the long end of the curve given yields are near the richest levels of the year, now that QE has ended, and as they are forecasting decent gains in the economy and a subsequent pick-up in price pressures. At the front-end, flatteners are the play as the Fed moves inexorably toward the first rate hike. As for the monetary policy, most Fedwatchers look for little change to the forward guidance statement, which should keep expectations for rate lift-off positioned for later in 2015. Dovish surprises in the statement should see yields again move lower.
<< 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 | 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