Mon, Sep 8 2008, 10:22 AM
Mon, Sep 8 2008, 10:07 AM
Unless you spent Sunday spelunking in Howe's Cavern, you probably know that at about 11 a.m. the other shoe finally dropped. After weeks of anticipati...
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....
