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Benzinga Market Primer: Wednesday, May 29
Wednesday, May 29, 2013 - 6:27am | 1051Read More...Futures Lower Following Tuesday Gains U.S. equity futures gave back some of Tuesday's gains in pre-market trade Wednesday. A driver of the sell-off could have been the IMF cutting its China growth forecast to 7.75 percent from 8 percent previously just one day after China's Premier said the...
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Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition
Friday, May 3, 2013 - 6:24am | 1140Read More...Futures Lower Ahead of Non-Farm Payrolls, Lower EU Outlook U.S. equity futures traded lower in early pre-market trade ahead of the Non-Farm Payrolls report for April and following the EU Commission cutting its growth forecasts. Looking at Non-Farm Payrolls, economists surveyed by Bloomberg are...
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Benzinga Market Primer: Wednesday, May 1
Wednesday, May 1, 2013 - 6:37am | 1110Read More...Futures Higher Ahead of Key Economic Data, Earnings U.S. equity futures rose in early pre-market trade ahead of key earnings and economic data. The FOMC rate decision and policy statement is due out later today as well as the ISM Manufacturing Index and earnings from many key companies. Top News...
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Benzinga Market Primer: Thursday, January 24
Thursday, January 24, 2013 - 7:25am | 882Read More...Futures Slide as Apple Disappoints U.S. equity futures slid in pre-market trading following the disappointing earnings report from Apple, Inc. (NASDAQ: AAPL). Apple reported first quarter earnings that beat expectations but revenue was light and margins dropped precipitously. Top News In other...
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Benzinga's 13 Themes for 2013
Friday, December 28, 2012 - 9:37am | 1413Read More...With 2013 just around the corner and most traders already closed up for 2012, it's time to look ahead to 2013. Some of the key events and market drivers next year can be foreseen and some may be somewhat speculative, but in all 2013 looks set to be another whip saw year, filled with continued...
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Previewing This Week's Central Bank Decisions
Monday, December 3, 2012 - 11:25am | 548Read More...This week, five key central banks are expected to release their updated interest rate decisions and comment on the state of both domestic economies. The European Central Bank and the Bank of England should steal the headlines and attract the most attention, however the Reserve Bank of Australia,...
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Benzinga Market Primer, Tuesday November 27
Tuesday, November 27, 2012 - 7:23am | 911Read More...Futures Flat on Greek Deal U.S. equity futures were flat in early Tuesday trade as the Troika of lenders reached an agreement to disburse Greece's latest bailout tranches and give the nation more time to repay its bailout loans. Ministers agreed to cut the interest rate Greece has to pay on its...
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ECB, BoC, RBA, Fed: Central Bank Watch 2.0, Predicting More Twist
Wednesday, June 6, 2012 - 9:54am | 935Read More...On Monday, I highlighted that this week was was full of central bank activity, with speeches from officials and rate decisions around the world. So far, the Bank of Canada, the Royal Bank of Australia, and the European Central Bank have all reported, so let us recap the decisions there. Also, many...
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Calling All Crisis Resolutions: Central Bank Watch
Monday, June 4, 2012 - 11:05am | 518Read More...This week, five central banks are set to report their interest rate decisions and Chairman Ben Bernanke is set to testify on his economic outlook. This a full calendar, and with traders, investors, and analysts alike clamoring for some form of added liquidity, it is interesting to see what moves...
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Bank of Canada's Decision Boosts Canadian Dollar
Tuesday, December 6, 2011 - 11:51am | 437Read More...On Tuesday, the Canadian dollar rallied against the US dollar. The primary driving catalyst may have been the decision by the Bank of Canada. BoC policy makers opted to leave the Canadian interest rate unchanged at 1%. Following the decision, the Canadian dollar rallied up against the US dollar...
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Fed Bails Out the World?
Wednesday, November 30, 2011 - 9:30am | 206Read More...On Wednesday morning the Federal Reserve announced a coordinated action with five other central banks—the Bank of Japan, the Bank of England, the Bank of Canada, the European Central Bank and the Swiss National Bank. The banks lowered rates on dollar swaps by 50 basis points, in effect boosting...
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Oil Pushing the Canadian Dollar Up?
Tuesday, May 31, 2011 - 11:16am | 259Read More...On Tuesday, the number of US dollars it cost to purchase a barrel of oil increased, as the Canadian dollar appreciated against its American counter-part. The strength of the Canadian dollar tends to generally correspond to the price of oil, as oil is a major Canadian export. For its part, oil has...
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The Canadian Dollar Continues to Fall
Monday, May 23, 2011 - 12:19pm | 317Read More...The Canadian dollar has fallen to a two-month low, and is currently valued at 1.0225 USD. This fall in value has been the result of weak economic performance both world-wide and in Canada. Retail performance, in particular, has been less than spectacular. Retail and other discretionary spending is...
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Oh Canada! The Next To Do Quanitative Easing?
Tuesday, April 12, 2011 - 12:00pm | 233Read More...The Bank of Canada said today that the rise in its currency, the loonie is a concern for the growth of the Canadian economy going forward. There has been much speculation over whether countries would engage in competitive currency devaluation, to make their exports more attractive to the outside...
