White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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Asset prices for the most part are little changed from where they were as U.S. traders left their desks yesterday. Not much progress on the U.S. political negotiations, which continue to dominate the headlines. Asian …
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John Boehner made clear over the weekend that a clean debt limit bill would not be brought in the House. As a result, the market awaits further negotiations around the government shutdown and the debt …
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Overnight price action in SPX futures had its tightest range of the week, and most Asian and European equity indices moved less than 1%. Asian Indices Mostly Lower, Japan Again Weakest – No major economic data …
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One major implication of the rate rise in the U.S. has been changing interest rate differentials. While emerging markets are seeing their rates rise in panicky fashion (accompanied by major currency declines), much of the …
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European stock markets broke out last week to new highs for 2012, quietly tracing out the Santa Clause rally that many have been expecting in the U.S. But the news from Italy over the weekend …
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With AAPL back to making new highs on a daily basis, the options market is once again being dominated by this behemoth. Of 10 of the most traded option strikes yesterday, 7 were AAPL call …
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Calculated Risk The Chicago Fed released the national activity index (a composite index of other indicators): Index shows economic activity increased in July Led by improvements in production-related indicators, the Chicago Fed National Activity Index …
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Reuters Stock indexes edged lower on Friday, after enjoying its biggest gain in two weeks Thursday, ahead of reports on consumer mindset and a gauge of leading economic indicators. Investors awaited the Thomson Reuters/University of …
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Reuters Stock futures rose on Friday, indicating the S&P 500 may snap its longest losing streak since May, after data in China allayed fears a slowdown in the economic giant could further hinder growth worldwide. …
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