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Stock Market & Financial Investment News

News For NOSYMBOL From The Last 14 Days
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January 21, 2015
09:04 EDTCFA Society of Columbus to hold a luncheon meeting
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09:02 EDTCFA Society of Washington, D.C. to hold a luncheon meeting
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09:01 EDTCFA Society of Pittsburgh to hold luncheon meeting
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08:55 EDTFX Action: The dollar didn't do much of anything
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08:45 EDTTreasury Action: yields probed lows perversely
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08:40 EDTU.S. housing starts rebounded 4.4% to 1.089 M in December
U.S. housing starts rebounded 4.4% to 1.089 M in December after falling 4.5% to 1.043 in November (revised from 1.028 M; October's prior 1.045 M pace was revised to 1.092 M). Building permits dropped another 1.9% to 1.032 M from a revised 1.052 M (was 1.035 M). Single family starts increased 7.2% following a 5.2% December drop (revised from -5.4%), while multifamily starts dipped 0.8% after a 3.2% decline previously (revised from a 6.7% gain). Housing completions were up 6.3% after declines of 4.7% in November (revised from 6.4%) and 3.7% in October (revised from 2.9%).
08:35 EDTFX Action: USD-CAD has retreated from Tuesday's trend high
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08:34 EDTFutures remain lower ahead of open
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08:25 EDTJapan is a cautionary tale for the Fed
Japan is a cautionary tale for the Fed so says WSJ's Hilsenrath in the Grand Central blog after telling us on Monday that a mid-2015 is still a virtual lock. Prematurely hiking rates in 2006, only to have to knock them back down again following the financial crisis, which would be the "nightmare scenario" for the Fed. "Federal Reserve officials say it would be a disaster if they attempt to raise rates and then are forced to push them back down to zero. It is one reason why many officials want to be patient and certain the U.S. economy is fully on the mend before the central bank moves toward raising rates later this year. Yes, yes, yes, there are many differences between Japan’s economy, financial system and central bank and the U.S. Analysts have heard this many times. Still, Japan's experience is a reminder that any number of factors - bad luck, global economic shocks, nagging headwinds to the domestic economy, the drags of an aging population -- could derail the Fed's hopeful plans. Perhaps this is one reason why investors - who have pushed long-term U.S. rates down in recent weeks and whose futures market rate expectations are lower than the Fed's published forecasts - are so skeptical that U.S. rates are anywhere near returning to normal."
08:15 EDTU.S. Housing Starts Preview
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08:01 EDTHouse Energy & Commerce Committee to hold a hearing
The Health Subcommittee holds a two day hearing entitled, "A Permanent Solution to Sustainable Growth Rate" with Alice Rivlin Director at the Brookings Institute and former U.S. Senator, Joseph Lieberman on January 21 at 10:15 am. Webcast Link
08:00 EDTOil Action: NYMEX crude was relatively steady
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07:59 EDTThe FDIC to hold a Board of Directors Meeting
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07:53 EDTBofA/Merrill to hold a conference
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07:52 EDTDeutsche Bank to hold a conference
dbAccess CEEMEA Conference is being held in London, England on January 21-23.
07:51 EDTDeutsche Bank to hold a tour
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07:50 EDTWorld Economic Forum to hold annual meeting
Annual Meeting 2015 is being held in Davos-Klosters, Switzerland on January 21-24.
07:49 EDTWells Fargo to hold a symposium
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07:45 EDTCIBC to hold a conference
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07:35 EDTU.S. MBA mortgage market index rose 14.2%
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<< 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 | all recent NOSYMBOL news | >>

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