New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
Check below for free stories on NOSYMBOL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | all recent NOSYMBOL news | >>
September 17, 2014
13:45 EDTFOMC Forecast revisions
FOMC Forecast revisions will be revealed today, in tandem with the policy statement (and later in the October 8 FOMC minutes). The revisions should prove modest, though analysts do expect small downward bumps in high-end GDP growth estimates for 2014 and 2015, alongside a modest trimming in high-end headline and core PCE chain price forecasts for both years as well. There is little need for adjustment to the jobless rate and Fed funds rate forecasts. The Fed will also add 2017 to its forecast horizon, and analysts expect GDP growth estimates to show a moderation in growth toward the 2.6% long-term trend growth estimate, alongside a further upward-convergence of low-end inflation forecasts toward 2%, and a small cyclical drop in the jobless rate estimates to a band around 5.1%. Analysts assume that Fed GDP estimates will remain modestly above most market forecasts, just as the inflation estimates continue to be skewed lower. For a table of our assumptions for the Fed's revised forecasts, see our policy outlook page.
12:30 EDTTreasury Option Activity: a little flurry on 10-year options
Treasury Option Activity: a little flurry on 10-year options included bearish purchases of 35k in October 123/123.5 put spreads over the course of the session. Earlier there were bullish purchases of 10k December 127 calls as well. Some delta covering took place at 124-125 and 124-13, according to sources. December 10s are trading hands 3.5-ticks firmer near 124-105, compared to their 124-155 to 124-06 range.
11:40 EDTFX Action: The dollar has firmed up some
FX Action: The dollar has firmed up some versus the European majors and the yen, with EUR-USD taking out the London low of 1.2944, and easing into 1.2938, and USD-JPY on intra day highs over 107.60. The euro had touched 1.2981 in the aftermath of the cooler CPI data, as USD-JPY made 107.15 lows. Activity is likely to slow into the FOMC announcement, though it appears the market is leaning toward a relatively hawkish tone from the Fed.
11:30 EDTCleveland Fed's Median CPI inched up 0.1% in August
Subscribe for More Information
11:09 EDTCurrency volatility elevated into Scotland voting for independence
Subscribe for More Information
10:45 EDTOil Action: Front month NYMEX crude fell
Subscribe for More Information
10:31 EDTCrude Inventories for the week of September 12
Subscribe for More Information
10:15 EDTToday's U.S. reports
Today's U.S. reports revealed downside surprises for August headline and core CPI, thanks to weakness in apparel, medical, and tobacco prices alongside an expected big energy price hit. Analysts saw a 0.2% August headline CPI drop with a flat core price figure that left a 1.7% y/y rise for both measures. Analysts also saw a surprisingly lean round of 2014 current account deficits via a surprising Q2 improvement that followed a downwardly-revised Q1 gap, with revisions concentrated in the investment income components. The weak CPI report implies less pressure on the Fed to address the "considerable time" reference at today's FOMC meeting, though the NAHB September pop to a 59 nine-year high and less financial market dislocation in the revised current account figures do cap downside economic risks as well.
10:15 EDTTreasury Action: yields remained below highs
Subscribe for More Information
10:10 EDTU.S. NAHB homebuilder sentiment index climbed to 59 in September
Subscribe for More Information
10:01 EDTHousing Market Index data reported
September Housing Market Index at 59 vs. consensus of 56
09:47 EDTMarket opens quietly with investors on Fed watch
Subscribe for More Information
09:40 EDTU.S. equities are marginally firmer
Subscribe for More Information
09:30 EDTThe U.S. current account deficit narrowed unexpectedly in Q2
Subscribe for More Information
09:15 EDTFOMC began today's meeting
Subscribe for More Information
09:05 EDTTreasury Option Action: a bearish structure on 5-year futures
Subscribe for More Information
09:05 EDTThe 0.2% August U.S. CPI headline drop
Subscribe for More Information
09:01 EDTHouse Foreign Affairs Committee to hold a hearing
Subscribe for More Information
08:50 EDTU.S. current account deficit narrowed $3.6 B to -$98.5 in Q2
Subscribe for More Information
08:45 EDTU.S. CPI fell 0.2% in August, while the core rate was unchanged
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | all recent NOSYMBOL news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use