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Markets The FOMC held the Fed Funds rate steady but still expects to hike one more time between now and year-end. The central bank will also begin to trim back its balance sheet next month with a $10B reduction. Longer … Continue reading
Markets A rate hike is very unlikely at today’s Fed policy meeting, but investors will be looking for hints of a move that could come later this year and the path for further rises in 2018. Janet Yellen will also … Continue reading
Markets The Federal Reserve’s two-day meeting is set to kick off, with officials expected to take further steps to normalize policy and unwind the bank’s $4.5T balance sheet. The yield on U.S. 10-year paper hit a month-high as investors awaited … Continue reading
Markets In Asia, Japan +0.5%. Hong Kong +1.3%. China +0.3%. India +0.5%. In Europe, at midday, London +0.5%. Paris +0.4%. Frankfurt +0.3%. Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.2%. Crude +0.9% to $50.32. Gold -0.5% to $1318.70. Ten-year Treasury Yield flat at 2.2% (Source: Seeking Alpha) Economic Calendar 10:00 NAHB Housing Market Index … Continue reading
Markets In Asia, Japan +0.5%. Hong Kong +0.1%. China -0.5%. India +0.1%. In Europe, at midday, London -1.3%. Paris -0.1%. Frankfurt -0.1%. Futures at 6:20, Dow flat. S&P -0.1%. Nasdaq -0.1%. Crude -0.1% to $49.82. Gold -0.1% to $1327.70. Ten-year Treasury Yield flat at 2.2% (Source: Seeking Alpha) Economic Calendar 8:30 Retail Sales … Continue reading
Markets In Asia, Japan -0.3%. Hong Kong -0.4%. China -0.4%. India +0.2%. In Europe, at midday, London +0.1%. Paris flat. Frankfurt -0.2%. Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude +0.7% to $49.63. Gold +0.1% to $1329.60. Ten-year Treasury Yield flat at 2.19% (Source: Seeking Alpha) Economic Calendar 8:30 Initial Jobless … Continue reading
Markets In Asia, Japan +0.5%. Hong Kong -0.3%. China +0.2%. India +0.1%. In Europe, at midday, London -0.2%. Paris flat. Frankfurt flat. Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.2%. Crude +0.9% to $48.67. Gold +0.4% to $1338.20. Ten-year Treasury Yield flat at 2.16% (Source: Seeking Alpha) Economic Calendar 7:00 MBA Mortgage … Continue reading
Markets In Asia, Japan +1.2%. Hong Kong +0.1%. China +0.1%. India +0.9%. In Europe, at midday, London -0.2%. Paris +0.7%. Frankfurt +0.6%. Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.2%. Crude -0.5% to $47.81. Gold -0.4% to $1330.80. Ten-year Treasury Yield +3 bps to 2.16% (Source: Seeking Alpha) Economic Calendar 6:00 NFIB Small … Continue reading
Markets In Asia, Japan +1.4%. Hong Kong +1%. China +0.4%. India +0.6%. In Europe, at midday, London +0.6%. Paris +1.2%. Frankfurt +1.1%. Futures at 6:20, Dow +0.6%. S&P +0.6%. Nasdaq +0.8%. Crude +0.7% to $47.83. Gold -0.7% to $1342.20. Ten-year Treasury Yield +3 bps to 2.09% (Source: Seeking Alpha) Economic Calendar 1:00 PM Results of … Continue reading
Markets In Asia, Japan -0.6%. Hong Kong +0.5%. China -0.1%. India +0.1%. In Europe, at midday, London -0.5%. Paris -0.3%. Frankfurt flat. Futures at 6:20, Dow -0.4%. S&P -0.3%. Nasdaq -0.3%. Crude -0.3% to $48.96. Gold +0.7% to $1359.10. Ten-year Treasury Yield -3 bps to 2.02% (Source: Seeking Alpha) Economic Calendar 8:45 Fed’s … Continue reading