-
Bond Market Week Ahead: ECB Pressure Should Keep T-Bill Rates Steady At Auction; Retail Sales Data Due
Monday, June 9, 2014 - 11:07am | 527With a light calendar of releases, the U.S. Treasury market is expected to remain flat ahead of two key measures on the economy coming out later in the week. A report due Thursday is expected to show retail sales in the U.S. climbed 0.6 percent in May, up from the 0.1 percent gain in April....
-
ETF Outlook For Tuesday, June 3, 2014 (FXI, FXE, DXJ, EWZ)
Tuesday, June 3, 2014 - 9:04am | 473ETF Outlook for Tuesday, June 3, 2014: iShares FTSE/Xinhua China 25 Index ETF (NYSE: FXI) The May HSBC manufacturing PMI rose to a four-month high last night in China when it came in at 49.7. A reading above 50 represents expansion and the May number is getting close to that level once again...
-
ETF Outlook For Wednesday, May 28, 2014 (EWG, EGPT, URA, FCG)
Wednesday, May 28, 2014 - 9:07am | 427ETF Outlook for Wednesday, May 28, 2014 iShares MSCI Germany ETF (NYSE: EWG) A 1.9 percent rally in the price of EWG helped the ETF close at the best level in over six years. All year the ETF had struggled to close above $32 after coming close several times. The entire Eurozone rallied to...
-
Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....
-
Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 4:58pm | 2049U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
-
Eurozone Unemployment Rate Down Slightly In March
Friday, May 2, 2014 - 2:30pm | 414The eurozone's economy is showing some vitality, after several stunning years of financial setback. Eurostat, the European Union's statistics office, reports the euro area's seasonally-adjusted unemployment rate was 11.8 percent in March. That figure has remained stable for the last four months...
-
Apple Issuing More Bonds to Fund Increased Buyback
Monday, April 28, 2014 - 10:52am | 503You knew it was coming. Even if the company didn't indicate it on its conference call, after Apple (NASDAQ: AAPL) announced a $30 billion increase in its buyback program and an eight percent increase in its dividend, there was no doubt the company would head back to the debt market. The...
-
Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 4:48pm | 1804U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...
-
Markets Enter Unknown Territory as U.S., EU Begin Imposing Sanctions On Russia
Monday, March 17, 2014 - 11:36am | 508The next several weeks could be a critical and historic time for U.S. and European economic ties with Russia, as linked to the ongoing crisis in Crimea and Ukraine. On Monday,The White House outlined its first sanctions against Moscow, following Russia's de facto occupation of Crimea and Sunday...
-
EUR/USD: Short Biased In The Long Term
Monday, March 10, 2014 - 4:20pm | 230Positioning Open short at eur/usd at current price targeting long-run technical level 1.3521 (50.00 percent of Fib. retracements 2009-2010 and 2011-2012 two highest and lowest levels repsectively). The currency is trading in the highest price since Nov. 2011. Technically, under the stochastic...
-
Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 5:57pm | 2716U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
-
Market Wrap For February 5: Markets Unsure Of Which Direction To Take
Wednesday, February 5, 2014 - 5:47pm | 3034U.S. stocks finished the day almost unchanged as investors and traders were presented with a mixed bag of data today. A better than expected report on the service sector negated another report that showed that companies added fewer employees to their payrolls than anticipated in January. The...
-
Eurozone Foreign Investment Data Reveals An Uneven Recovery
Wednesday, January 29, 2014 - 10:45am | 290The euro remained above $1.36 on Wednesday morning, despite foreign business investment data which confirmed that the region's recovery was patchy. The common currency traded at $1.3658 at 4:45 GMT. The The Wall Street Journal reported that the United Nations Conference on Trade and Development...
-
Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
-
Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...