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 >>
September 1, 2015
15:20 EDTU.S. Productivity Preview
Subscribe for More Information
13:50 EDTMore from Fed dove Rosengren: the oil price fall
Subscribe for More Information
13:35 EDTBoston Fed dove Rosengren emphasized a gradual path
Subscribe for More Information
12:40 EDTFedspeak from dovish Boston Fed president Rosengren
Subscribe for More Information
12:30 EDTTreasury Option Action: bullish positioning in bonds
Subscribe for More Information
11:50 EDT$35 B U.S. 4-week bills sold at ZERO
$35 B U.S. 4-week bills sold at ZERO with a cover of 3.48%, matching a record low in December of 2008. The current 4-week bill looks like it was trading in negative territory to the tune of -0.003% ahead of the sale, so that's negative interest rates narrowly avoided in the states for another week, though still fashionable in Europe.
11:40 EDTTreasury Option Action: heavy put buying
Subscribe for More Information
11:25 EDTToday's U.S. reports
Today's U.S. reports revealed a weak round of August ISM figures that confirm the renewed downdraft in factory sentiment, as seen with the Dallas and Richmond Fed figures and Empire State, though analysts also saw a firm round of construction spending data through July that lifted GDP prospects in Q3 and raised our Q2 GDP estimate to 3.8% from 3.7%. The ISM drop left a 51.1 two-year low, and analysts now assume a drop in the ISM-adjusted average for the major surveys back to the 51 two-year low also seen over the three months ending in May before the June-July bounce to 53. Vehicle sales data should reveal a 1% August drop to a 17.3 M clip as analysts partly unwind the July boost to output and sales from auto-retooling, which likely exacerbated the producer sentiment downswing.
11:15 EDTTreasury Curve Action: the cash bond is underperforming
Subscribe for More Information
11:10 EDTFX Action: USD-CAD is back over 1.3210
FX Action: USD-CAD is back over 1.3210, despite the better Canada GDP report earlier, with price action again being driven by the commodity market. WTI crude is down better than 6.5% on the day, trading to $45.8/bbl lows, as gold futures pare earlier gains, and copper prices remain heavy. The pre-GDP USD-CAD session high of 1.3233 is penciled in as initial resistance, though further oil losses could see that targeted in the near term.
10:50 EDTU.S. VIX equity volatility is up 8% near 30.80
Subscribe for More Information
10:45 EDTThe 0.7% U.S. July construction spending rise beat estimates
Subscribe for More Information
10:35 EDTEnergy Action: NYMEX crude is on session lows
Energy Action: NYMEX crude is on session lows of $46.45/bbl, down 5.4% from Monday's settlement. Soft global PMI's, talk of a downgrade in global growth from the IMF, a still over-supplied market (despite slowing U.S. production), and no real signs that OPEC, or any other producer will agree to production cuts, has seen the market second-guess at least some of the contract's spectacular recent rally. Sources are beginning to look for Monday's "gap" to be filled, which would translate into further declines to the $45 level.
10:25 EDTThe U.S. ISM August drop to a 51.1 two-year low
Subscribe for More Information
10:20 EDTFX Action: The dollar fell
Subscribe for More Information
10:15 EDTTreasury Action: yields stalled out again
Treasury Action: yields stalled out again after rebounding with stocks from their opening nadir, following NYSE "Rule 48" being invoked again in terms of drawing out the opening for stocks individually and collectively. The plunge in ISM was partly offset by the uptick in construction, but fit with the slippery slope of global PMIs overnight. Canada's back-to-back negative GDP prints also spawned fresh recession talk. The 2-year yield rebounded from 0.700% session lows to 0.732% before slipping back to 0.710%, while the 10-year yield had bounced from 2.15% to 2.19% before easing below 2.17% again. Treasuries never seemed to fully benefit from the equity slump, amid concerns China could liquidate more Bunds and Bonds pay for plunge protection into Thursday's WWII parade. The FT has pointed out that the bulk of China's holdings are in 5-year and below maturities.
10:10 EDTU.S. construction rose 0.7% in July
Subscribe for More Information
10:10 EDTU.S. ISM manufacturing index fell to 51.1(median 52.7) in August
Subscribe for More Information
10:01 EDTISM Mfg Index data reported
August ISM Mfg Index at 51.1 vs. consensus of 52.8
10:01 EDTConstruction Spending data reported
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 >>

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