|
News For NOSYMBOL;NOSYMBOL From The Last 14 Days Check below for free stories on NOSYMBOL;NOSYMBOL the last two weeks. |
|
|
| May 14, 2013 |
| 05:00 EDT |  | | FX Action: USD-JPY maintained a heavier tone
 Subscribe for More Information |
|
| 01:00 EDT | | | Asian stocks were mixed
Asian stocks were mixed. U.S. stocks closed unchanged, which offered a limited lead for Asia and the MSCI Asia Pacific Index ex Japan held around flat. USD-JPY's pullback from over 102.00 to the 101.35 region restricted Japan's Nikkei and it was just 0.1% higher on the session on profit taking. The SSEC fell sharply and was 1.6% lower by the afternoon session as domestic investors continue to worry over the economic outlook after yesterday's mixed domestic data. The Kospi overcame some of its recent weakness as car makers and electrical companies bounced back leaving the benchmark index 0.7% higher. The Hang Seng was 0.1% weaker, while the ASX was up just 0.2% as mining stocks capped gains. |
|
| May 13, 2013 |
| 16:20 EDT | | | U.S. trade price preview:
Subscribe for More Information |
|
| 15:25 EDT | | | Treasury Closing Summary:
Treasury Closing Summary: Mixed form on global stocks allowed Treasury yields to drift back down from highs initially on Monday before bottom-fishers were caught slightly offsides by the better than expected Apr retail sales reading. The headline sales gain wasn't that impressive, however, though above low median forecasts. Fixation on the Fed's QE exit strategy was amplified by a WSJ Fedwatcher piece, however, that leaned heavily toward Fed VC Yellen taking over the great bond unwind after Bernanke, though she's even more dovish. Stocks rebounded from lows, but didn't really make much forward progress, while the dollar stalled out as well. |
|
| 14:50 EDT | | | Treasury Action: yields have held steady through the afternoon
Subscribe for More Information |
|
| 14:40 EDT | | | Beware Volatile Bond-Market Mood
Subscribe for More Information |
|
| 14:05 EDT | | | Averages mixed, as Dow remains in negative territory
The major equity indices are mixed, with the Nasdaq nearly unchanged and the S&P 500 down by less than 2 points. Declining stocks are ahead of advancing stocks by almost 3:2 and down volume is only slightly ahead of up volume. Crude oil prices are lower by 0.6% and gold is down just 0.1%. The Dow is down 54 points, the Nasdaq is nearly unchanged, and the S&P is down 1 point. |
|
| 14:05 EDT | | | Treasury Option Action: heavy bearish put liquidation
Subscribe for More Information |
|
| 13:20 EDT | | | SF Fed research on the labor force participation rate
Subscribe for More Information |
|
| 13:15 EDT | | | U.S. equities have backed up to session highs
Subscribe for More Information |
| |
| 12:30 EDT | | | U.S. corporate bond update: the calendar is on the light side today
Subscribe for More Information |
|
| 11:55 EDT | | | Treasury's $53 B 3- and 6-month bill sale was a solid
Subscribe for More Information |
|
| 11:50 EDT | | | Fed Chairman Bernanke slated to testify on May 22 before the JEC
Fed Chairman Bernanke slated to testify on May 22 before the JEC. This will be a much anticipated event considering the Hilsenrath story that the FOMC has mapped out an exit strategy, though the timing of such is still much debated. It's not obvious, though, that the Fed chief will be able to drop clear indications on the latter, as much is still dependent on economic conditions. |
|
| 11:37 EDT |  | | Some in Congress want to eliminate Iran's energy exports, Washington Post says
Some members of Congress are proposing completely preventing Iranian gas and oil from being sold on world markets, according to The Washington Post. The Obama administration is against taking such a step, but is looking at ways of reducing the amount of oil that Iran sells, the newspaper added. Reference Link |
|
| 11:30 EDT | | | FX Action: USD-CAD found support into 1.0080
FX Action: USD-CAD found support into 1.0080, after tripping stops under 1.0100 earlier. Noted bids into 1.0070 have supported to date, while London short covering and softer equity and commodity prices have resulted in a move back over 1.0100. Offers are in place from 1.0140. |
|
| 11:10 EDT | | | Treasury announcd a $20 B 4-week bill auction for Tuesday
Subscribe for More Information |
|
| 10:55 EDT | | | Euro$ interest rate futures are fairly flat
Euro$ interest rate futures are fairly flat with equities giving little away today in directional terms, the data not really that compelling, the WSJ Fed tapering story interesting on Yellen Chairwomanship but purely speculative on policy. With all this ambiguity, why wouldn't the Jun 2013 contract be flat at 99.725, while the deferreds area flat to a half-tick lower? 3-mont dollar Libor was fixed at unchanged vs 0.2751% on Friday, while the Libor-OIS spread widened a bp to +15 bp. |
|
| 10:54 EDT |  | | Leerink's biotech analysts hold an analyst/industry conference call
Subscribe for More Information |
|
| 10:53 EDT | | | Leerink's biotech analysts hold an analyst/industry conference call
Subscribe for More Information |
|
| 10:50 EDT | | | Today's U.S. reports
Today's U.S. reports revealed upside retail sales surprises through April with a big April decline in the price-sensitive gasoline component that left a particularly firm "real" trajectory into Q2, hence adding upside risk to our 2.0% Q2 GDP growth forecast. Yet, business inventories undershot assumptions in both February and March, and this disappointment eliminated our prior assumption of a boost in the 2.5% "advance" Q1 GDP growth estimate. For Q1 GDP revisions, analysts now expect downward bumps of $11 B in inventories and $9 B in construction that offset upward revisions of $16 B in net exports, $3 B in equipment and software, and $2 B in consumption. |
| |
|
|
|
|
