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 | all recent NOSYMBOL news | >>
December 19, 2014
07:45 EDTTreasury Market Outlook: Treasuries are mixed
Subscribe for More Information
07:30 EDTAllilance for Regional Development to hold a summit
Subscribe for More Information
07:30 EDTA fresh round of bipolar Fedspeak
A fresh round of bipolar Fedspeak to wind down the week will start with Chicago Fed dove Evans, who will open the Second Annual summit on Regional Competitiveness at 10 ET. There will be no text or Q&A, which suggests little new information from the non-voter. Richmond Fed hawk Lacker could provide some counter-weight during a panel discussion in Charlotte on the economic outlook from 12:30 ET. Lacker is also a non-voter and both are at opposite ends of the dove-hawk spectrum.
07:11 EDTFutures higher ahead of quadruple witching
Stock futures are higher once again as world markets rallied for the second straight day following the Fedís pledge to take a patient approach to raising interest rates. Today is a quadruple witching today for the markets. Quadruple witching, which happens once per quarter, occurs when market index futures, market index options, stock options, and single stock futures all expire on the same day. There will be little else for investors to key in on, as little domestic economic data is slated to be released.
05:58 EDTOn The Fly: Morning Wrap-Up for December 19
Globex S&P futures are recently up 4.40 from previous dayís SPX cash close. Nikkei 225 up 2.39%, DAX up 0.17%. WTI Crude oil is recently at $54.89, natural gas down 0.71%, gold at $1198 an ounce, copper up 1.19%.
05:50 EDTDecember front month equity options last day to trade is today December 19, 2014
05:40 EDTFX Action: USD-JPY remains well bid
FX Action: USD-JPY remains well bid, edging out a fresh nine-day high at 119.50 earlier, with subsequent dips having remained shallow. The Dec-11 peak at 119.55 provides the immediate focal point. The ongoing risk-on sentiment is weighing on the yen, and Nikkei closed with a solid 2.4% gain. The BoJ kept monetary policy steady today while maintaining the increase in the monetary base at 80 tln yen, as expected. The central bank also raised its assessment on the economy, exports and output, anticipating a moderate recovery as the after effects of the sales tax hike wears off. USD-JPY resistance is marked at 119.55 (Dec-10 high) and 119.91-120.00, support at 119.00-09.
01:15 EDTFX Update: USD-JPY extended gains as stocks continued to rally
FX Update: USD-JPY extended gains as stocks continued to rally in Asia, which also benefited the AUD and NZD. USD-JPY climbed to an eight-day peak of 119.39, breaching above the 20-moving average at 118.79 and bringing the Dec-11 peak at 119.55 into scope. The Nikkei liked the yen's weakness, and posted a solid 2%-plus rally. The BoJ kept monetary policy steady and maintained the increase in the monetary base at 80 tln yen, as expected. The central bank also raised its assessment on the economy, exports and output, anticipating a moderate recovery as the after effects of the sales tax hike wears off. AUD-USD lifted to the 0.8190 area, about a 40 pip gain on yesterday's New York closing level, but remained shy of the Thursday peak at 0.8203. EUR-USD pretty much flat-lined around the 1.2280 level, consolidating the sharp losses from levels above 1.2500 seen since mid-week.
December 18, 2014
23:45 EDTBoJ kept monetary policy steady
Subscribe for More Information
15:05 EDTTreasury Closing Summary:
Subscribe for More Information
14:40 EDTCanada CPI Preview
Subscribe for More Information
14:30 EDTTreasury Action: Treasury yields are holding at or near the highs of the day
Treasury Action: Treasury yields are holding at or near the highs of the day as stocks continue to roar higher. The bearish close in core European sovereign markets is also weighing. However, the updraft in the 10-year is meeting some resistance at 2.20%, with the bond being stymied by the 2.82% area. There wasn't much reaction to the TIPS auction which garnered a record indirect bid. Yields are expected to remain elevated near term, however, as the market continues to look to the start of rate lift-off around mid 2015. Additionally, there's $91 B in coupon supply in the upcoming Christmas shortened holiday week. However, the still wide spreads to Europe and the ongoing demand for yield from foreign accounts remains supportive and should temper the bearish tone. Also, month-end and year-end is coming into focus and that could prompt short covering. The Barclays' Treasury index is forecast to extend out 0.09 years, which should also underpin.
14:23 EDTMarket in midst of powerful two day advance
Subscribe for More Information
13:50 EDTU.S. equities continue to leg it higher
U.S. equities continue to leg it higher with very little claw back (at the risk of inviting a slump into the close), with NASDAQ comp over 1.9% higher and the blue chips in hot pursuit. Today's data wasn't particularly impressive, so it's not the fundamentals. Crude oil's recovery to the $59-60 bbl zone was roundly rejected and it has since retreated below $56 bbl, so it's not that global growth proxy. Following Putin's forceful 3-hour press conference, Russian stocks are 4-7% firmer and the ruble rallied to 57.97 vs 79.91 lows on Tuesday vs the dollar, before backing off to 61.30. Perhaps. Yet, Jim O'Neill formerly of Goldman also agreed in a CNBC interview that the Fed has pulled off quite a "trick" by actually moving a step closer to tightening and somehow pacifying the markets. That sounds more like it - more smoke and mirrors and the vague promise of more global stimulus ex-Fed, such as the last resort NIRP undertaken by the SNB. Meanwhile yields are higher and that is helping to continue to prop up the dollar.
13:15 EDTTreasury's $16 B 5-year TIPS reopening was well received
Subscribe for More Information
12:55 EDTFX Action: USD-JPY's pop over 119.31 earlier
Subscribe for More Information
12:55 EDTEuro$ interest rate options: another flurry of activity
Euro$ interest rate options: another flurry of activity included some heavier put structures such as a bearish purchase of 15k in September 87/90 put spreads. There was a 10k purchase of Red June vs sale of Short June 85 put spreads, a bullish purchase of 8k in Green March 78/80 call spreads and a liquidation of 2.5k in Short January 85/87 put 1x2s. March 2015s are flat at 99.7050, with the deferreds as much as 12-ticks lower out the back as the Fed trajectory is reassessed in the wake of yesterday's convoluted statement.
12:50 EDTFed Chair Yellen said one of the FOMC's goals has been to "communicate"
Subscribe for More Information
12:40 EDTTreasury 5-year TIPS preview:
Subscribe for More Information
11:25 EDTFormer Fed Chairman Bernanke opined on monetary policy
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 | all recent NOSYMBOL news | >>

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