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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
08:20 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
06:20 EDTOn The Fly: Morning Wrap-Up for May 9
Globex S&P futures are recently down 0.90 from previous day's SPX cash close. Nikkei 225 down 0.66%, DAX down 0.02%. WTI Crude oil is recently at $96.01, NYMEX Natural Gas down 1.18%, gold at $1471 and ounce copper down 0.90%.
06:10 EDTCBOE Volatility Index VIX closed at 12.66, 10-day moving average is 13.35
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06:10 EDTCommodities recorded modest losses intra-day
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06:07 EDTMay front month equity options expire, May 17, 2013
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04:35 EDTFX Action: Japan bids held the USD-JPY downside
FX Action: Japan bids held the USD-JPY downside, helping it to drift back to the 98.85 region in quiet trade. USD-JPY option expiries may see another frustrating session close to 99.00. There are several good size maturities at 98.50, 98.75, 98.80, 98.85 and 99.00, which could result in another frustrating session either side of 99.00. Meanwhile, EUR-JPY's move out of 129.80 back to the 130.20 was a supportive lead and the crosses could drive action ahead of today's U.S. data releases. EUR is looking poised for more topside movement, while GBP may also see increased buying interest over the BoE decision.
01:15 EDTAsian equities were more mixed today
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May 8, 2013
21:32 EDT FOMC Minutes to be released at 14:00
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16:43 EDTWeek of 5/17 EIA Petroleum Status Report to be released at 10:30
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