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By Anthony Lazzara |
June 6, 2013
The euro currency has exploded to the upside after the closely watched ECB meeting, which indicated a potential pick up in the recovery toward the end of this year.
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By Jeanna Smialek and Joshua Zumbrun, Bloomberg |
June 6, 2013
Payroll gains averaging 80,000 a month will be enough to keep the U.S. jobless rate steady over the next couple of years as aging baby boomers retire and population growth slows, according to research at the Federal Reserve Bank of Chicago.
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By James Ramelli |
June 6, 2013
The monthly nonfarm payrolls number provides traders with huge opportunities to turn a great profit, but at a high risk. Here's how to set-up a great risk vs. reward play with options.
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By Jeanna Smialek, Bloomberg |
June 6, 2013
Consumer confidence last week was unchanged near a five-year high as Americans had the least pessimistic views on the economy since 2008.
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By Ash Kumar, Bloomberg |
June 6, 2013
The emerging market selloff sparked by speculation of reduced Federal Reserve stimulus may cut revenue for investment banks including Standard Chartered Plc and HSBC Holdings Plc, JPMorgan Chase & Co.’s Cazenove said.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
June 5, 2013
The economy expanded at a “modest to moderate” pace in 11 of 12 Federal Reserve districts, with broad-based gains ranging from business services to construction and manufacturing, the central bank said today.
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By Nikolaj Gammeltoft and Lu Wang, Bloomberg |
June 5, 2013
U.S. stocks fell, sending the Standard & Poor’s 500 Index to a one-month low, as jobs and factory data missed estimates and investors speculated whether the Federal Reserve will taper bond purchases.
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By Anthony Lazzara |
June 5, 2013
The JUN13 E-mini S&P 500 is trading down 9 points to 1622. Our key short term pivot level has moved down from 1652 to 1630. If this market can hold below 1630, we look for 1609 to be tested
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By Jeanna Smialek, Bloomberg |
June 5, 2013
Orders placed with U.S. factories rose less than forecast in April as demand for non-durable goods dropped, probably reflecting lower fuel costs.
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By Michelle Jamrisko, Bloomberg |
June 5, 2013
Service industries in the U.S. expanded at a faster pace in May, indicating the world’s largest economy is weathering a downturn in manufacturing and federal budget cuts.
