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Stock Market & Financial Investment News

News Breaks
December 2, 2012
15:11 EDTMoody's downgrades EFSF and ESM, citing recent downgrade of France
Moody's Investors Service has downgraded the long-term issuer rating of the European Stability Mechanism, ESM, to Aa1 from Aaa, and is maintaining a negative outlook on the rating. At the same time, Moody's has also downgraded the provisional long-term rating for the Issuer Rating and debt issuance programme of the European Financial Stability Facility, EFSF, to (P)Aa1 from P(Aaa), and is also maintaining a negative outlook. The short-term issuer rating of the ESM remains unchanged at Prime-1, while the provisional short-term rating of the EFSF remains at (P)Prime-1. Moody's decision was driven by the recent downgrade of France to Aa1 from Aaa and the high correlation in credit risk which Moody's believes is present among the ESFS' and ESM's entities' largest financial supporters. Reference Link
News For NOSYMBOL From The Last 14 Days
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June 5, 2013
07:30 EDTFashion Footwear Association of New York to host a convention
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07:24 EDTDeutsche Bank to host a conference
DbAccess Australia Retail Corporate Day is being held in Sydney, Australia on June 5.
07:20 EDTN.Y. FX Outlook
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07:13 EDTSEC money fund rule faces less opposition, Bloomberg reports
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07:11 EDTFed's Fisher: Time to 'fine tune' monetary stmulus, Reuters reports
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07:09 EDTMBA Purchase Applications Refinance Index data reported
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07:09 EDTMBA Purchase Applications Index data reported
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07:09 EDTMBA Purchase Applications Composite Index data reported
Week of 5/31 MBA Purchase Applications Composite Index down -11.5% for the week
06:51 EDTU.K. services PMI surged last month, Reuters reports
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06:47 EDTEuro zone GDP dropped slightly in Q1, Reuters reports
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06:16 EDTOn The Fly: Morning Wrap-Up for June 5
Globex S&P futures are recently down 4.60 from previous day's SPX cash close. Nikkei 225 up 2.05%, DAX up 0.51%. WTI Crude oil is recently at $93.79, NYMEX Natural Gas up 0.23%, gold at $1395 and ounce copper up 0.16%.
06:15 EDTNymex crude is steady above $93.50 bbl
Nymex crude is steady above $93.50 bbl. The mild dollar downturn supported commodities overnight, but follow through demand is contained as equity markets stumbled and the FX majors maintained a holding pattern in Europe. Oil received support on rumors that South Korea could create a series of incentives for refiners to import crude, which has the potential to boost demand. Middle Eastern tensions are also an underlying influence still. Wire reports said that Syria warplanes attacked the Lebanon border regions and there are concerns that the conflict could escalate and a possible supply threat. Meanwhile, nominal gold pulled back below $1400, but lacked direction in choppy London trading.
06:12 EDTCBOE Volatility Index VIX closed at 16.27, 10-day moving average is 14.79
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06:10 EDTJune front month equity options expire, June 21, 2013
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05:30 EDTFX Action: USD-JPY found a base close to 99.40
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01:20 EDTAsian markets traded defensively
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