Fri, Sep 5 2008, 10:18 AM
Thu, Sep 4 2008, 7:00 AM
Initial claims for unemployment benefits in the
United States came in well above expectations, rising to 444k in the week
ending Aug. 30, the Depar...
Thu, Sep 4 2008, 7:00 AM
The Bank of England and European Central Bank rate decisions will kick
off the day, followed by the U.S. ADP unemployment report, initial
jobless cl...
Wed, Sep 3 2008, 7:00 AM
Due to reports of continued weakness in the economy, rates on fixed-
rate mortgages edged lower during the week ended August 28 according to
the resu...
Wed, Sep 3 2008, 7:00 AM
Markets failed to move on the release of the Fed's Beige
Book , an anecdotal summary of the 12 District Banks over the six
weeks ending Aug. 25. Ec...
Wed, Sep 3 2008, 7:00 AM
Weekly mortgage applications in the United States
increased in the week ending Sept. 3, according to data released from the
Mortgage Bankers Assoc...
Wed, Sep 3 2008, 7:00 AM
The Bank of Canada's rate decision tops the news of the day for the
country as U.S. markets receive factory orders and the Fed's
Beige Book . Also ...
Wed, Sep 3 2008, 7:00 AM
The number of trades at exchanges run by the CME
Group declined by 32% in August compared to a year ago, the
company revealed Wednesday.
"In Au...
Tue, Sep 2 2008, 7:00 AM
Euro zone PPI and the UK construction PMI and consumer confidence
index for August will dominate the European session as U.S. markets brace
for the ...
Tue, Sep 2 2008, 7:00 AM
Fed Governor Randall Kroszner said emerging market growth is being
hampered by the current credit turmoil .
Speaking on the international financi...
Tue, Sep 2 2008, 7:00 AM
In contrast to expectations that the U.S. housing
market could see a turnaround in the first half of 2009, the
monthly housing price index report ...
Tue, Sep 2 2008, 7:00 AM
Markets are currently pricing in the following probabilities for
future interest rate moves:
FED - OIS Implied Rates
Markets are pricing in a...
Tue, Sep 2 2008, 7:00 AM
Shares of Lehman Brothers are up 2.8% on Monday after
the state-owned Korean Development Bank (KDB) affirmed
interest in the embattled Wall Stre...
Tue, Sep 2 2008, 7:00 AM
According to a report from the U.S. Department of Commerce,
construction spending in the United States declined 0.6%
month-over-month in July.
...
Tue, Sep 2 2008, 7:00 AM
Kansas Fed President Thomas Hoenig said the Federal
Reserve's response to the U.S. credit crisis has threatened its ability
to keep inflation unde...
Fri, Aug 29 2008, 7:00 AM
There were few surprises in the Personal Consumption and Expenditure
(PCE) report released Friday , though economists say the
data all points to we...
Thu, Aug 28 2008, 7:00 AM
Second-quarter U.S. GDP rose above expectations in
the preliminary report, rising to 3.3% from the previously reported 1.9%,
the Bureau of Economi...
Thu, Aug 28 2008, 7:00 AM
The strong upward revision to second quarter U.S. GDP
was the result of strong exports and the fiscal stimulus package,
according to economists wh...
Thu, Aug 28 2008, 7:00 AM
In the U.S., the focus will be on preliminary Q2 GDP
data and jobless claims figures, while Canadian
markets receive second-quarter current acco...
Wed, Aug 27 2008, 7:00 AM
German inflation data and comments from ECB's Lucas Papademos will top
the macroeconomic release menu for the European session as U.S. markets
prepa...
Wed, Aug 27 2008, 7:00 AM
Weekly mortgage applications in the United States
increased in the week ending Aug. 22, according to data released from the
Mortgage Bankers Associ...
Wed, Aug 27 2008, 7:00 AM
The number of U.S. residents and businesses that filed for
bankruptcy rose 28.9% to 976,831 for the year ended June 30,
2008, according to U.S. co...
Wed, Aug 27 2008, 7:00 AM
Atlanta Fed President Dennis Lockhart welcomed the
recent rise in the U.S. dollar, but said home prices in the U.S. could
fall another 10-15%.
...
Wed, Aug 27 2008, 7:00 AM
Sheila C. Bair , chairman of the FDIC said, "By any
yardstick, it was another rough quarter for bank earnings, but the
results were not unexpected a...
Wed, Aug 27 2008, 7:00 AM
Mortgage interest rates broke through the gridlock of
the last few weeks and, with the exception of one-year adjustable rates,
moved lower.
Mort...
Tue, Aug 26 2008, 7:00 AM
Housing data will be center of attention on Tuesday
with the release of U.S. new home sales for July and the June Case-
Shiller Home Price Index.
...
Tue, Aug 26 2008, 7:00 AM
New home sales in the U.S. rebounded by 2.4% to an
annual pace of 515k in July, the Commerce Department reported Tuesday.
Despite the percentage ga...
Tue, Aug 26 2008, 7:00 AM
The S&P Case-Shiller U.S. home price index fell less
than expected in the second-quarter as the 20-city composite index posted
an annual decline o...
Tue, Aug 26 2008, 7:00 AM
The Conference Board's U.S. consumer confidence index
for August improved to 56.9 in Tuesday's report, higher than the expected
improvement to 53....
Tue, Aug 26 2008, 7:00 AM
U.S. house prices were flat in June following May's
revised 0.4% pullback, the Office of Federal Housing Enterprise Oversight
( OFHEO ) reported T...
Tue, Aug 26 2008, 7:00 AM
In spite of the beating the stock market took on Monday with the Dow
Jones down 242 points and even though financial stocks were among the
biggest l...
Tue, Aug 26 2008, 7:00 AM
The minutes of the Federal Open Market Committee's
(FOMC) Aug. 4-5 meeting show that board members "did not see the current
stance of policy as pa...
Tue, Aug 26 2008, 7:00 AM
Despite 46k of downward revisions in the previous two months, which
pushed the pace of new home sales lower than expected
even with a 2.4% monthly...
Tue, Aug 26 2008, 7:00 AM
Speaking in an interview with Dow Jones Newswires on Monday, Dallas
Fed President Richard Fisher (voter) said growth in the
U.S. could slow to zer...
Tue, Aug 26 2008, 7:00 AM
Consumer confidence continued to rise in August, which economists
largely attribute to a drop in gas prices over the past
several months. However,...
Mon, Aug 25 2008, 7:00 AM
U.S. existing home sales rose more than expected to
5.00 million units in July, a 3.1% gain in the month, following June's
revised sales figure of...
Mon, Aug 25 2008, 7:00 AM
In an interview with the New York Times, Philadelphia Fed
President Charles Plosser said he might consider dissenting in
favour of raising interes...
Mon, Aug 25 2008, 7:00 AM
Economists, strategists and traders do not expect next week's releases
to shed any new light on the current economic environment. Markets will
recei...
Mon, Aug 25 2008, 7:00 AM
U.S. Federal Reserve Chairman Ben Bernanke , European
Central Bank President Jean-Claude Trichet , and former
central bank officials and head econ...
Mon, Aug 25 2008, 7:00 AM
Economists say the larger-than-expected rise in July
existing home sales doesn't necessarily point towards stabilization,
since more than a third ...
Fri, Aug 22 2008, 7:00 AM
Markets will be interested to hear what Federal Reserve
Chairman Ben Bernanke has to say about the current economic
climate. Bernanke will be in J...
Fri, Aug 22 2008, 7:00 AM
The U.S. economy continues to be in recession and will continue to be
for some time, according to billionaire investor Warren
Buffet . Appearing...
