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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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June 12, 2013
07:35 EDTBMO Capital to host a forum
8th Annual Women in Fixed Income Industry Forum is being held in Toronto on June 12.
07:32 EDTBofA/Merrill to host a conference
Utilities & Renewables Conference 2013 is being held in London, England on June 12-13.
07:31 EDTFutures suggest market rebound
U.S. equity futures are pointing to a rebound after yesterday’s mild sell-off. The market was weak yesterday due to investors' concerns regarding a reduction in the size of the Fed’s bond buying program. Analysts have said that a recent string of weaker than expected economic reports should prevent the Fed from tapering soon. There will be little economic data today for investors to key in on, as the only data scheduled to be released is the weekly Department of Energy Inventory report.
07:29 EDTFitch upgrades India's outlook to stable, Economic Times reports
In a boost to investor sentiment, Fitch ratings upgraded India's outlook to stable from negative, affirming the credit rating at BBB-, reports the Economic Times. Fitch expects the country to meet its FY14 fiscal deficit target of 4.8%.Reference Link
07:26 EDTJPMorgan to host a forum
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07:25 EDTN.Y. FX Outlook
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07:23 EDTCitigroup to host a conference
European Travel & Leisure Conference 2013 is being held in London, England on June 12-13.
07:20 EDTHMG Strategy to host a summit
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07:20 EDTDeutsche Bank to host a conference
dbAccess Australia Residential Round-Up is being held in Sydney, Australia on June 12.
07:09 EDTFed may be forced to rethink dollar printing policy, Reuters reports
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07:08 EDTMarkets worldwide questioning economic direction, WSJ reports
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07:03 EDTMBA Purchase Applications Refinance Index data reported
Week of 6/7 MBA Purchase Applications Refinance Index up 5.0% for the week
07:03 EDTMBA Purchase Applications Index data reported
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07:03 EDTMBA Purchase Applications Composite Index data reported
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06:45 EDTU.K. jobless claims fall to two year low, Reuters reports
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06:28 EDTOn The Fly: Morning Wrap-Up for June 12
Globex S&P futures are recently up 7.70 from previous day's SPX cash close. Nikkei 225 down 0.21%, DAX up 0.12%. WTI Crude oil is recently at $95.40, NYMEX Natural Gas down 0.19%, gold at $1376, copper up 0.80%.
06:21 EDTCBOE Volatility Index VIX closed at 17.07, 10-day moving average is 15.99
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06:14 EDTJune front month equity options expire, June 21, 2013
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06:10 EDTCommodity prices steadied today
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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.
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