News aggregator

U.S. Session Key Developments •    University of Michigan Consumer Confidence Falls to Lowest Level Since August 2009 •    Consumer Prices Decline in June for Third Consecutive Month •    Japanese Yen Rises to a 2010 High Versus Greenback U.S. stocks posted their worst day since June 29, following weakness in foreign markets and an unexpectedly ...

North American Commodity Update Commodities - Energy Dour FOMC Growth Forecasts Reverse Crude Gains, Energy Traders Turn to Chinese GDP Crude Oil (LS NYMEX) -  $76.84  //   -$0.31   //  -0.40% Through the end of the US session, NYMEX-based crude would settle the day little changed. If we were simply examining the day-to-day close, it ...

U.S. Session Key Developments •    University of Michigan Consumer Confidence Falls to Lowest Level Since August 2009 •    Consumer Prices Decline in June for Third Consecutive Month •    Japanese Yen Rises to a 2010 High Versus Greenback U.S. stocks posted their worst day since June 29, following weakness in foreign markets and an unexpectedly ...

U.S. Session Key Developments •    Goldman Sachs Pays Record $550 Million to Settle SEC Suit •    Financial Reform Regulation Passes Following 60-39 Senate Vote •    Initial Jobless Claims Fall to Lowest Level Since August 2008 U.S. stocks managed to overcome weakness in Asia and Europe today, as the S&P 500 rallied to its highest ...

North American Commodity Update Commodities - Energy Dour FOMC Growth Forecasts Reverse Crude Gains, Energy Traders Turn to Chinese GDP Crude Oil (LS NYMEX) -  $76.84  //   -$0.31   //  -0.40% Through the end of the US session, NYMEX-based crude would settle the day little changed. If we were simply examining the day-to-day close, it ...

Europe Session Key Developments • Dovish FOMC Comments Lead to a Slowdown of Risk Appetite • Earnings Reports Continue to Drive Equity Performance • Disappointing Manufacturing Figures out of the US Hurt Equities European Equities Retrace as Risk Appetite Wanes All major European equity indices retraced Thursday as investors seemingly lost confidence in the notion ...

Europe Session Key Developments • Equities Manage to Hold on to Most of Yesterday’s Gains • Earnings Reports Continue to Drive Equity Performance European Equity Trade Nearly Flat Amid Mixed Economic Releases, Earnings European Markets were mixed during Wednesday’s trading session but remained mostly even as a whole. After yesterday’s near two percent increase ...

U.S. Session Key Developments •    Alcoa Beats Expectations to Open Earnings Season for DJIA Companies •    Small Business Confidence Declines to Three-Month Low •    Dollar Index Falls to Lowest Level Since May 4 U.S. stocks followed their European counterparts higher today on investor optimism following a better-than-expected Alcoa earnings report.  The S&P 500 gained ...

Europe Session Key Developments • Optimistic Earnings Reports Drive European Equity Indices Higher • Strong Greek Auction Encourages Investors to Take on Risk • Downgrade of Portugal Has Little Effect on Market Performance European Equity Markets Continue to Rebound as Earnings Season Continues European Markets closed higher across the board again ...

Asia Session Key Developments •    Hang Seng Index Rises to Two-Week High •    Australian Home Loans Stalls in May •    Japan’s Domestic Corporate Goods Price Asia/Pacific Shares Fluctuate As China Property Prices Slow, DPJ Losses Majority Nikkei 225                  9,548.11 Japanese equity markets pared Friday’s advance, leading the Nikkei 225 to shed 37.21 points (0.39 ...

With the first half of 2010 now officially complete, many investors have been disappointed – if not utterly surprised – by the lagging pace of the alleged economic “recovery.” Though general sentiment following last quarter’s earnings reports was largely optimistic, recent economic releases have been less encouraging. One must only ...

North American Commodity Update Commodities - Energy US Crude Wins its First Positive Performance in Six Days as Equities Struggle to Keep Their Own Gains Crude Oil (LS NYMEX) -  $72.20  //  $0.06   //  0.08% There was a dramatic swing in risk appetite trends through the day Tuesday; and crude would stick to its ...

U.S. Session Key Developments •    Asian, European Shares Rally Sharply on Improved Sentiment •    Precious Metals Decline as Gold Falls Below $1200 •    Dollar Index Falls to Lowest Level Since May 5 U.S. stocks rallied in afternoon trading to close higher, following Asian and European shares into the black.  Risk sentiment was strong despite ...

North American Commodity Update Commodities - Energy Crude Buffeted by Investor Worry, Chinese Growth Concerns Crude Oil (LS NYMEX) -  $75.69  //  -$2.56   //  -3.27% A cumulative drop in risk appetite and building concern over the future of growth would send the energy market tumbling through the European and US sessions Tuesday. For the ...

At the recent G-20 meeting in Toronto, the wealthiest G-20 countries said they would halve their government deficits by 2013 and "stabilize" their debt loads by 2016, in an effort to ease investor concerns and calm markets around the world.  British Prime Minister David Cameron was most adamant about austerity ...

Asia Session Key Developments •    Japan’s Retail Sales Disappoints in May •    New Zealand’s Business Confidence Extends May’s Decline Asia/Pacific Shares Fluctuate Following G-20 Meeting in Canada Asia/Pacific shares were mixed on Monday following the G-20 meeting in Canada this past weekend. In Japan, retail sales fell for the first time this year as ...

Asia Session Key Developments •    USDCNY Erases Yesterday’s Gains •    U.S. New Home Sales Plunge 33 Percent Asia/Pacific Shares Mixed Following the Massive Drop in U.S. New Home Sales Asia/Pacific shares were mixed on Thursday subsequent to new home sales in the U.S. falling 33 percent, marking the largest fall since records began. ...

North American Commodity Update Commodities - Energy Negative Investor Sentiment, Mixed Data Leads Crude to Close its Monday Open Gap Crude Oil (LS NYMEX) -  $77.21  //  -$0.61   //  -0.78% Looking much like the intraday bearish reversal from Monday, the US benchmark crude futures contract (the NYMEX-based WTI) put in for a close in ...

Asia Session Key Developments •    USDCNY Erases Yesterday’s Gains •    U.S. New Home Sales Plunge 33 Percent Asia/Pacific Shares Mixed Following the Massive Drop in U.S. New Home Sales Asia/Pacific shares were mixed on Thursday subsequent to new home sales in the U.S. falling 33 percent, marking the largest fall since records began. ...

U.S. Session Key Developments •    Asian, European, and U.S. Stocks Close Lower On the Day •    U.S. Existing Home Sales Unexpectedly Decline in May •    Dollar Rallies Against Euro and Commodity Currencies Stocks sank across the board today, sending the MSCI World Index lower by 1.4 percent to end its longest winning streak in ...