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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 14, 2013
08:50 EDTThe 0.5% U.S. May PPI rise capped big recent declines
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08:50 EDTFX Action: The dollar edged higher
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08:45 EDTU.S. PPI rose 0.5% May after a 0.7% decline in April. The core rate edged up 0.1%
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08:35 EDTFutures remain lower ahead of open
Stock futures remain slightly lower following the release of several economic reports. The Producer Price Index showed an increase of 0.5% versus expectations of an increase of 0.1%. Excluding food and energy, the index rose 0.1%, in-line with expectations. The Current Account Balance had a deficit of $106.1B versus the expected deficit of $111.3B. Scheduled to be released later today are data on long-term treasury flows, industrial production and capacity utilization. All are due out prior to the open of the broader market.
07:35 EDTN.Y. FX Outlook
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07:28 EDTFutures slightly lower following yesterday’s rally
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07:24 EDTThe Brookings Institution to host a discussion
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07:13 EDTInvestor's inflation expectations may get Fed's attention, WSJ reports
Many investors have lowered their expectations for future inflation, a shift that could get the attention of Fed officials as they consider the course of their bond-buying program at a policy meeting next week. The Fed has a 2% inflation goal and doesn't want consumer prices to veer too much above or below that number over time, reports the Wall Street Journal.Reference Link
07:13 EDTFirst quarter corporate profits may not have been so rosy, WSJ reports
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07:10 EDTWisdomTree Japan Hedged Equity Fund volatility at 36, above average of 27
WisdomTree Japan Hedged Equity Fund overall option implied volatility of 36 is above its 22-week average of 27 according to Track Data, suggesting large price movement.
07:06 EDTCurrencyShares Japanese Yen Trust volatility elevated on wide price movement
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07:02 EDTJapan's PM promises to introduce more stimulus measures, Reuters reports
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06:39 EDTOn The Fly: Morning Wrap-Up for June 14
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06:27 EDTCBOE Volatility Index VIX closed at 16.41, 10-day moving average is 16.56
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06:24 EDTJune front month equity options expire, June 21, 2013
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06:20 EDTCommodities were broadly higher
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06:13 EDTFX rates may soon face global regulation in Libor review, Bloomberg reports
Global regulators may soon begin overseeing currency rates in a growing response to benchmark-rate setting scandals that began with revelations on the manipulation of Libor, sources say, reports Bloomberg. The International Organization of Securities Commissions, a Madrid-based group that harmonizes market rules, may propose in the next month final guidelines improving transparency and oversight of benchmarks, including the WM/Reuters rates, the sources added. Reference Link
03:25 EDTFX Action: USD-JPY drifted lower
FX Action: USD-JPY drifted lower on Tokyo name selling to trade into 94.70. The move was pinned on profit taking as Asian based accounts headed home for the weekend. The USD-JPY upside was limited over 95.50 overnight by corporate offers and short term accounts playing the range. After the recent volatility there is no appetite to run positions for too long. Early European accounts have expressed mixed views over PM Abe's growth plan. The fact that is passed through the Diet was not surprising, but Abe did not provide any fresh details to flesh out the initial announcement last week, which gives credence to reports that reforms are more likely to be watered down over the longer term. Abe promised more measures in July after the Upper House election. However, market participants are starting to think he may be struggling to put in place the 'third arrow' of his big revival plans. Ongoing doubts also remain over BoJ and the inintended market volatility that has followed.
01:10 EDTAsian stocks rebounded.
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June 13, 2013
16:10 EDTU.S. Michigan Consumer Sentiment Preview
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