New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
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 | >>
January 29, 2015
14:00 EDTFX Action: USD-JPY has managed to hold near its highs
FX Action: USD-JPY has managed to hold near its highs of 118.48. as Wall Street attempts a recovery, and as yields stabilize to a degree. The pairing has traded inside of 117.20 and 118.80 for over a week now, centered on the 118.00 mark, with more of the same likely in the near term. Risk taking levels will need to pick up if an upside breakout is to occur, though U.S. equity market sentiment remains decidedly unclear for now.
13:15 EDTTreasury's $29 B 7-year auction results were mixed
Treasury's $29 B 7-year auction results were mixed, but lean to the soft side. The note tailed to 1.59% versus 1.585% at the bid deadline, though it's considerably richer than December's 2.125%. There were nearly $72.5 B in bids for a decent 2.50 cover, better than last month's sub-par 2.39 but is still slightly below the 2.55 average. Indirect bidders accepted 56.1%, in line with the solid 56.5% from December and the 46.5% average. Direct bidders took 14.9%, more than double the 5.9% last month, while primary dealers were awarded a moderate 29.0% versus 37.6% previously. Supply is now out of the way for a week, and month-end tomorrow can help the market digest this week's offerings.
13:15 EDTTreasury Action: intermediate yields drifted lower
Subscribe for More Information
12:50 EDTU.S. ISM posted annual revisions that included mostly downward adjustments
U.S. ISM posted annual revisions that included mostly downward adjustments to recent manufacturing and services indexes. The December manufacturing number was nudged down to 55.1 from 55.5, with prior months knocked down too. The services index for December was bumped up slightly to 56.5 from 56.2, but November was revised down to 58.8 from 59.3, with October now at 56.9 from 57.1. The revisions shouldn't significantly alter outlooks on the two sectors, but could temper upward trajectory in the manufacturing trajectory.
12:35 EDTU.S. corporate bond update: the issue calendar is moderate today
Subscribe for More Information
12:15 EDTEuro$ interest rate options: mostly bullish positioning
Subscribe for More Information
12:05 EDTFX Action: EUR-USD is down flirting with the 1.1300 level
Subscribe for More Information
11:50 EDTTreasury Action: yields stalled in the belly
Treasury Action: yields stalled in the belly of the curve after the pretty solid 5-year auction results, with the current 5-year yield back under 1.28% after holding under 1.29% into the sale, after backing up from 1.24% lows in Asia compared to the 1.288% award rate on the new notes. Stocks remain underwater, but at the shallow end of the pool for now.
11:45 EDTTreasury's $35 B 5-year auction was solid
Subscribe for More Information
11:40 EDTFX Action: USD-CAD soared to 1.2650
Subscribe for More Information
11:10 EDTTreasury announced a $52 B 3- and 6-month bill auction for Monday
Subscribe for More Information
11:09 EDT52-Week Bill Announcement CUSIP Number data reported
Subscribe for More Information
11:09 EDT52-Week Bill Announcement Offering Amount data reported
52-Week Bill Announcement Offering Amount at $25.0 B
11:09 EDT3-Month Bill Announcement Offering Amount data reported
Subscribe for More Information
11:09 EDT6-Month Bill Announcement Offering Amount data reported
6-Month Bill Announcement Offering Amount at $26.0 B
10:50 EDTEnergy Action: NYMEX crude has traded on the $43 handle
Subscribe for More Information
10:30 EDTEIA natural gas storage change for week ending January 23
Subscribe for More Information
10:30 EDTTreasury auction outlooks: Treasury is selling 5- and 7-year notes
Treasury auction outlooks: Treasury is selling 5- and 7-year notes, with the former rescheduled from Wednesday due to the snowstorm. The bid deadline for the 5-year was moved up to 11:30 ET. The unusual double-up could create some indigestion as the market will have to take down $64 B in notes today, especially following the big yield drop yesterday. However, the bond-friendly FOMC statement yesterday where the Fed hinted it might not hike rates by mid-year could be supportive, along with ongoing weakness in inflation expectations. The notes are cheapening a bit this morning, but so far set up has been poor and that may limit demand. The wi 5-year rate is up over 3 bps to 1.29%, while the wi 7-year is up 3 bps to 1.58%. Yet those would still be the richest rates since May 2013. The yield premium to core sovereigns overseas should also be supportive. Note the German 5-year trades at -0.033%, with the 7-year at 0.072%. Month-end and the 0.09 year duration extension should be marginally beneficial for the longer note.
10:25 EDTTreasury Action: yields eased back from highs
Subscribe for More Information
10:10 EDTU.S. pending home sales dropped 3.7% to 100.7 in December
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