by admin | Dec 18, 2015 | Uncategorized
House and Senate set to vote on omnibus spending bill today in what could be a squeaker Markit U.S. services PMI expected to edge lower but remain in relatively strong shape Weekly market focus House and Senate set to vote on omnibus spending bill today in what could...
by admin | Dec 17, 2015 | Uncategorized
Today’s News (ET release time) Thu US 0830 ET Weekly initial unemployment claims expected -7,000 to 275,000, previous +13,000 to 282,000. Weekly continuing claims expected -43,000 to 2.200 million, previous +82,000 to 2.243 million....
by admin | Dec 17, 2015 | Uncategorized
Fed’s first rate hike is easily digested by the markets on confidence that the rate-hike regime will be gradual Congress set to approve omnibus budget bill and tax extenders bill by Friday although not without grumbling Unemployment claims are mildly elevated...
by admin | Dec 16, 2015 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous +1.2% with purchase sub-index unch and refi sub-index +3.5%. 0830 ET Nov housing starts expected +6.6% to 1.130 million, Oct -11.0% to 1.060 million. Nov building...
by admin | Dec 16, 2015 | Uncategorized
FOMC today will likely go ahead with a rate hike despite government shutdown and junk bond uncertainties — We expect the FOMC today to go ahead with a +25 bp rate hike despite the uncertainties caused by the current turmoil in the junk bond market and by the...
