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News For NOSYMBOL From The Last 14 Days Check below for free stories on NOSYMBOL the last two weeks. |
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| May 7, 2013 |
| 08:50 EDT |  | | U.S. equities are nosing higher again
U.S. equities are nosing higher again after a listless session on Monday, with the financial markets back to full strength after recent bank holidays. Not that there's any more data to sink our teeth into, but at least the liquidity is there today. A quarter point base rate cut in Australia didn't help the Aussie ASX 200, which fell 0.24%, though Japan's N-225 surged 3.55% higher after Japan returned from holiday break (playing catch-up to ECB cut and payrolls). In Europe, the Euro Stoxx 50 is 0.8% higher, wih the DAX 0.9% firmer after strong German manufacturing orders. But the Italian MIB is the leading gainer at +1.4%. The Dow is 36-points higher, S&P climbed 3-points and NASDAQ rose 7-points in pre-market action. In corporate news, Emerson Electric sales missed and it cut its outlook, though Fossil rallied over 4% after beating the Street. OfficeMax surged nearly 2% after announcing a $1.50 special dividend after its earnings miss. Apple is extending gains from Monday, while BofA is facing a new suit by the NY Attorney General after its settlement with MBIA yesterday saw its shares surge. The Treasury 3-year note auction and consumer credit due later may provide some indirect influence. |
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| 08:05 EDT | | | Treasury Market Outlook: risk-on moves in global equities has Treasuries and other core sovereign markets slightly lower
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| 08:05 EDT | | | FX Action: USD-CAD took out standing1.0050 bids
FX Action: USD-CAD took out standing1.0050 bids in early North American trade, on its way to 1.0037 lows. Since then, buyers have emerged ahead of reported 1.0020 bids, taking the pairing back over 1.0055. The improved risk backdrop, and noted offers from 1.0080 may keep further gains in check for now. |
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| 08:05 EDT | | | Fed funds opened at 0.13%
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| 08:00 EDT | | | U.S. ICSC Goldman Sachs chain store sales index fell 1.0% in the week ended May 4
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| 07:55 EDT | | | Treasury Market Outlook: risk-on moves in global equities has Treasuries and other core sovereign markets slightly lower
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| 07:46 EDT | | | ICSC-Goldman Store Sales data reported
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| 07:46 EDT | | | ICSC-Goldman Store Sales data reported
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| 07:33 EDT |  | | FCC to hold a committee meeting
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| 07:31 EDT | | | Futures quiet in early trading
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| 07:30 EDT | | | Lazard to host a bus tour
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| 07:26 EDT | | | Goldman to host a conference
European Small & Mid Cap Conference is being held in London on May 7-10. |
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| 07:25 EDT | | | Bloomberg LINK to host a summit
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| 07:22 EDT | | | Standard & Poor's to host a conference
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| 07:20 EDT | | | N.Y. FX Outlook
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| 07:11 EDT |  | | Saudis seeks to attract institutional funds to its stock market, Bloomberg says
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| 06:59 EDT | | | FCC nominee likes major government, industry deals, Politico says
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| 06:48 EDT | | | Health care spending deceleration could continue, NY Times reports
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| 06:20 EDT | | | Nymex crude traded back below $96 bbl
Nymex crude traded back below $96 bbl, leaving it 0.45% lower, in line with other losses across the commodity market complex. However, the much stronger than expected German manufacturing orders data could boost commodities amid hopes that a revival in activity would boost demand for raw materials. Tomorrow's trade data from China will also be an important barometer for commodities. In recent weeks, concerns over the China outlook have added some weight, but the local press expected China Q2 GDP to pick up to 8% and HSBC also tipped H2 growth to accelerate in the statement released with today's earnings report. |
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| 06:15 EDT | | | On The Fly: Morning Wrap-Up for May 7
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