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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 15, 2013
07:29 EDTFutures quiet in early trading
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07:26 EDTGlobal Pacific & Partners to host a conference
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07:25 EDTAmerican Society of Gene and Cell Therapy to hold annual meeting
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07:12 EDTDollar Index at highest level in nine months, Bloomberg reports
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07:11 EDTConcerns raised about a lack of bonds, Reuters reports
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07:01 EDTMBA Purchase Applications Composite Index data reported
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07:01 EDTMBA Purchase Applications Index data reported
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07:01 EDTMBA Purchase Applications Refinance Index data reported
Week of 5/10 MBA Purchase Applications Refinance Index down -8.0% for the week
06:13 EDTOn The Fly: Morning Wrap-Up for May 15
Globex S&P futures are recently down 1.70 from previous day's SPX cash close. Nikkei 225 up 2.29%, DAX up 0.11%. WTI Crude oil is recently at $93.53, NYMEX Natural Gas up 0.17%, gold at $1411 and ounce copper down 1.09%.
06:12 EDTGold declines to a three week low, Bloomberg reports
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06:08 EDTCBOE Volatility Index VIX closed at 12.77, 10-day moving average is 13.01
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06:04 EDTMay front month equity options expire, May 17, 2013
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06:03 EDTGermany's growth remains slow while France falls into recession, Reuters reports
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05:40 EDTCommodities remained under pressure
Commodities remained under pressure on broad dollar strength, which forced Nymex crude 0.70% lower to the $93.50 bbl region and nominal gold was 1% lower close to $1410. Weighing on the commodity market tone was eurozone GDP data weakness, which came in below expectations. In Asia, China Premier Li also admitted that it would be difficult in the current circumstances to stimulate the economy and pressure remained on the downside.
04:25 EDTFX Action: USD-JPY broke 102.50 barriers
FX Action: USD-JPY broke 102.50 barriers amid early European account interest reportedly on behalf of the hedge fund community. So far, corrective action is limited as market participants position for a move up through 103.00 ahead of PM Abe's growth strategy announcement, which is tipped for Friday. Large 103.00 barriers are set to roll off at Friday's N.Y. cut, but vols have taken off as option accounts hedge for further upside risk. Exporters are also aggressively hedging on a 102 handle in anticipation of large option related dollar supply. Buyers are tipped from 102.00 to 101.80 and towards the 101.50 region.
01:05 EDTAsian stocks were underpinned
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May 14, 2013
16:22 EDTMay Consumer Confidence to be released at 10:00
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16:22 EDTMay State Street Investor Confidence Index to be released at 10:00
14:30 EDTU.S. fiscal 2013 deficit has been revised down to $642 B
U.S. fiscal 2013 deficit has been revised down to $642 B, from $845 B in the February estimate, according to the new CBO forecasts. If achieved, this will be the smallest red ink amount since 2008, and the first time below $1 B since then. As a percent of GDP, it will be only 4.0%, less than half of the 10.1% it was with the FY 2009 deficit. The FY 2014 deficit is now expected to shrink to $560 B. Better than expected receipts are the main factor behind the improved budget outlook.
14:20 EDTU.S. NY Fed "Empire State" Index Preview
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