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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 9, 2013
08:50 EDTThe 4k U.S. initial claims drop to a five-year low 323k
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08:45 EDTTreasury Action: yields ticked up as claims fell again
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08:40 EDTU.S. jobless claims declined 4k to 323k in the week ended May 4
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08:35 EDTRichmond Fed hawk Lacker favors increasing capital
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08:32 EDTFutures continue to trade quietly ahead of market open
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08:31 EDTJobless Claims data reported
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08:31 EDTJobless Claims 4-week Moving Average data reported
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08:31 EDTJobless Claims data reported
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08:20 EDTU.S. weekly jobless claims preview:
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08:00 EDTFed funds opened at 0.13%
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07:55 EDTTreasury Market Outlook: Treasuries are higher
Treasury Market Outlook: Treasuries are higher, along with Bunds and Gilts, while equities are lower, as risk-off trades dominated overnight. Peripheral spreads are wider. The 10-year Treasury yield is 3 bps lower at 1.78%. Profit taking after another record gain is weighing on U.S. equity futures. Trading volume in bonds was good but some regions in Europe were closed for Ascension Day. The Bank of Korea surprised with a 25 bp rate cut to 2.50%. On the other hand, the BoE left rates unchanged, as expected. U.K. manufacturing data beat expectations. Spain successfully sold bonds. The U.S. calendar remains thin with just initial claims, wholesale trade, and a 30-year bond offering. The Treasury will try again today with $16 B 30-year sale. The wi trades at 3.0%. The NY Fed will buy $1 B to $1.5 B in TIPS. There's Fedspeak today from Plosser, Lacker and Evans.
07:36 EDTBritish PM Cameron says Britain must stay in European Union, Reuters reports
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07:35 EDTFedspeak resumes with a vengence
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07:30 EDTN.Y. FX Outlook
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07:19 EDTFutures quiet in early trading
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07:11 EDTJunk bond yields hit new low, WSJ reports
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07:02 EDTBank of England leaves benchmark rate unchanged
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06:52 EDTSenator introduces bill to slash interest rate on student loans, Politico says
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06:42 EDTEgypt sovereign credit ratings downgraded by S&P
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06:34 EDTEuro zone economy expected to contract this year, Reuters reports
A survey of economists, academics and other professional forecasters indicates that the euro zone economy will shrink 0.4% this year, according to the European Central Bank, which conducted the survey, Reuters reported. That's down from a forecast of 0% growth in the previous survey of the forecasters, conducted three months ago, the news service added. Reference Link
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