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 | 31 | 32 | 33 >>
January 26, 2016
13:15 EDTTreasury's $26 B 2-year auction was pretty well received
Treasury's $26 B 2-year auction was pretty well received, getting solid support from indirect bidders, as anticipated. The note priced well, stopping through at 0.860% versus 0.870% at the bid deadline. There were $75.3 B in bids for a 2.90 cover, better than December's 2.80 but not quite up to the 3.33 average. Indirect bidders were awarded 57.9%, much better than the 37.5% last month, and above the 46.0% average. Direct bidders accepted 12.3%, less than half of the prior 27.1%, while primary dealers took 29.8% from 35.4%.
13:15 EDTTreasury Action: short yields cooled off
Subscribe for More Information
13:03 EDT2-Yr Note Auction Coupon Rate data reported
2-Yr Note Auction Coupon Rate at 0.750%
13:03 EDT2-Yr Note Auction Total Amount data reported
Subscribe for More Information
12:50 EDTFX Action: USD-CAD continues to grind lower
FX Action: USD-CAD continues to grind lower, with the CAD moving in unison with oil prices, which have topped $32/bbl. The pairing has closed in on a nearly 300 point drop from overnight highs, after tripping sell stops at 1.4200 and 1.4100 earlier. Next support comes in at 1.4000-1.3975.
12:45 EDTEnergy Action: NYMEX crude has crossed the $32 mark
Subscribe for More Information
12:40 EDTTreasury 2-year auction preview
Subscribe for More Information
12:35 EDTFOMC began its meeting at noon
Subscribe for More Information
12:35 EDTEuro$ interest rate options: a large risk reversal
Subscribe for More Information
12:05 EDTFX Action: USD-JPY continues to hold above 118.25
Subscribe for More Information
12:05 EDTEuro$ interest rate futures rounded from lows
Euro$ interest rate futures rounded from lows after the rebound in the oil-equity trade cooled off somewhat and the Fed sits down to discuss their rhetorical options. The March 2016 contract is flat near 99.33, but that's up slightly from 99.325 lows earlier. The deferreds are 1-3 ticks higher out the curve after the mix of confidence, PMI and home price data earlier. Look for fairly tightly range-bound conditions to prevail while awaiting the outcome of the 2-day FOMC meeting.
11:50 EDTTreasury's $55 B 4-week bill auction was very strong
Treasury's $55 B 4-week bill auction was very strong with solid demand all the way around. The bill stopped through at 0.295% versus 0.300% at the bid deadline, and is a bit cheaper than last week's 0.250%. In fact, it's the cheapest since October 2013. There were over $202.8 B in bids for the upsized sale (boosted $5 B from last week) for a 3.69 cover, much stronger than the prior 3.09 and the 3.31 average. Also, indirect bidders accepted 38.4%, up from the 20.0% last week and the 25.4% average. Indeed, it's the highest since October 20, but the offering size had been slashed to $5 B due to debt limit issues.
11:20 EDTFed Policy Outlook:
Subscribe for More Information
10:55 EDTToday's U.S. reports
Today's U.S. reports revealed a comfortable January consumer confidence rise to 98.1, despite stock price weakness that might have suggested an undershoot versus gains in the early-January gauges, while the Richmond Fed index fell 4 points as expected to 2 in January, from 6 in December and -3 in November. The ISM-adjusted Richmond Fed fell to 53.5 from 54.8 in December, with declines in shipments, new orders, inventories, and employment. Analysts expect a drop in the ISM-adjusted average of the major sentiment surveys to a three-year low of 49 from 50 over the prior four months, thanks partly to Monday's big Dallas Fed decline to a -34.6 new expansion-low, as the factory sector faces headwinds from energy sector dislocations, a surging dollar, a global growth slowdown, a lean vehicle assembly rate, and an inventory overhang.
10:45 EDTEnergy Action: NYMEX crude rallied to $31.22 highs
Subscribe for More Information
10:35 EDTFX Action: The dollar initially ignored
Subscribe for More Information
10:25 EDTTreasury Option Action: call positioning on 10s
Subscribe for More Information
10:20 EDTU.S. Richmond Fed's manufacturing index dipped 4 points to 2 in January
Subscribe for More Information
10:20 EDTThe U.S. consumer confidence rise to 98.1
The U.S. consumer confidence rise to 98.1 extended the December climb to 96.3 (was 96.5) to slightly beat expectations, thought confidence remains below the oddly-high Q3 readings that left a 102.6 September figure, and well below the 103.8 cycle-high in January of 2015. Confidence is benefiting from falling gasoline prices for consumers and home price gains despite ongoing limited credit availability, though confidence faces headwinds from plunging stock prices and the hit to factory production from falling foreign demand, the petro-sector recession and excess inventories. Since 2014, the various confidence measures have closed the gap to a lean growth path of consumption and payrolls, after unusually weak readings through the first five years of the expansion. Analysts have small gains in the January confidence gauges, though all remain below early-2015 levels. Michigan sentiment rose to 93.3 from 92.6, versus a higher 98.1 cycle-high last January. The IBD/TIPP index rose to 47.3 from 47.2 in December, versus a 54.0 cycle-high back in October of 2012. The weekly Bloomberg Consumer Comfort index has risen to a 44.2 average thus far in January from a 42.1 average in December, versus a 45.7 cycle-high average last April.
10:15 EDTU.S. January consumer confidence rose 1.8 points to 98.1
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 | 31 | 32 | 33 >>

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