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 | 30 >>
September 2, 2015
11:00 EDTU.S. and Canadian equities are rolling over again
U.S. and Canadian equities are rolling over again after their opening bounce ran out of steam and some of the fresh bearish pressure appears to be tranfering from the oil sector after crude dropped back to $44 bbl on a chunky EIA build on top of the API build reported overnight. The relief in the sector after this week's short-covering swing has quickly evaporated and stocks are rapidly back-peddling. Note, the commodity-sensitive Toronto S&P/TSX is leading the way into the red, while U.S. indices are now about at half-mast -- up about 0.5% for the moment. Indeed, within the Dow Chevron is the deepest decliner at -0.3%.
10:55 EDTFX Action: USD-CAD rallied to session highs
FX Action: USD-CAD rallied to session highs of 1.3304 after the EIA inventory data, which saw oil prices drop over $1/bbl to under $43.90. Resistance comes at Monday's 1.3327 peak, and above there, the trend highs in late August at 1.3350-55 comes into focus.
10:40 EDTEnergy Action: Front month NYMEX crude fell
Energy Action: Front month NYMEX crude fell to $44.19 from near $45.20 following the EIA inventory data which showed a 4.7 M bbl rise/fall in crude stocks. The street had been expecting a flat reading. Meanwhile, gasoline supplies, seen down 1.5 M bbls actually rose 300k bbls, while distillate stocks were up 300k bbls, versus expectations for a 1.0 M bbl rise. Refinery usage fell to 92.8% from 94.5%. Elsewhere, gasoline futures fell to N.Y. session lows under $1.39/gallon, from over $1.42.
10:35 EDTU.S. factory goods orders undershot assumptions
Subscribe for More Information
10:30 EDTCrude inventories for week of August 28
Crude oil inventories 4.67M build vs. consensus of 900K build. Gasoline inventories 271K draw vs. consensus of 2.0M draw. Distillates 115K build vs. consensus of 1.0M build.
10:15 EDTTreasury Action: yields drifted below highs
Subscribe for More Information
10:15 EDTFX Action: The dollar edged slightly lower
FX Action: The dollar edged slightly lower after the softer factory orders and upwardly revised previous month, taking EUR-USD a few points higher to 1.1255 and USD-JPY a hair lower to 120.10. Wall Street is holding its gains, as yields remain fairly steady.
10:10 EDTU.S. factory goods orders rose 0.4% in July
U.S. factory goods orders rose 0.4% in July after the revised 2.2% gain in June (was +1.8%). Factory orders excluding transportation fell 0.6% after the 0.6% gain in June (was +0.5%). Shipments fell 0.2% while inventories dipped 0.1%.
10:09 EDTFactory Orders data reported
Subscribe for More Information
10:05 EDTEuro$ interest rate futures tripped lower
Subscribe for More Information
09:51 EDTStocks rebound at open, averages up 1% in early trading
Stock futures were higher throughout the pre-market trading session, leading to a higher open for the broader market. Bullish investors who believe the U.S. economy will continue to outperform its Chinese counterpart are looking for a decoupling from the Chinese stock market. Investors will also be listening to what the Fed may be thinking when its Beige Book report is released this afternoon. In early trading, the Dow is up 191 points, the Nasdaq is up 51 points and the S&P is up 20 points.
09:45 EDTFX Action: USD-CAD posted an intra day high of 1.3277
FX Action: USD-CAD posted an intra day high of 1.3277 ahead of the North American open, and has since fallen back to 1.3200 lows. A partial reversal of overnight oil price losses has helped the CAD this morning, though corporate bids are reportedly in place at 1.3200 now, up from 1.3100 on Tuesday in the face of yesterday's oil market sell-off. The pairing has since headed back over 1.3235, as oil prices head back under $46. USD-CAD support is seen into the 20-day moving average at 1.3150, with resistance at 1.3280-1.3300, where option backed sellers are rumored.
09:40 EDTU.S. Factory Goods Preview
Subscribe for More Information
09:05 EDTU.S. equities are on firmer ground
Subscribe for More Information
08:50 EDTThe big but expected Q2 U.S. productivity boost to 3.3% growth
Subscribe for More Information
08:45 EDTFutures remain higher following economic reports
Subscribe for More Information
08:45 EDTFX Action: The dollar revealed little reaction
Subscribe for More Information
08:45 EDTTreasury Action: yields backed up again
Treasury Action: yields backed up again following the firm productivity reading, which could influence Q2 GDP, with stocks still holding their own ahead of the open. The T-note returned to a perch over 2.17% from 2.15% lows earlier, while the cash bond backed up over 2.93% from the 2.90% area. The 2s-10s spread steepened out to +145 bp.
08:30 EDTThe 190k August ADP rise
Subscribe for More Information
08:30 EDTU.S. Productivity Preview
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 | 30 >>

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