Mon, Jun 2 2008, 7:00 AM
The ISM's manufacturing index for the United States
will highlight a relatively light day of economic news and events. In
Europe, markets will be ...
Mon, Jun 2 2008, 7:00 AM
A three-year high in exports contributed to a rebound in production
and an improvement in new orders in the U.S. ISM manufacturing index for
May, ye...
Fri, May 30 2008, 7:00 AM
Canadian Q1 and March GDP and core PCE in the U.S. will dominate the
economic news of the day as markets prepare for the final trading day of
May. I...
Fri, May 30 2008, 7:00 AM
The sharpest drop in housing prices in 50 years
poses a "significant" risk to the U.S. economy, but the Fed's rate cuts
should be felt in the seco...
Fri, May 30 2008, 7:00 AM
Inflation remains contained and personal spending
continued improving according to the latest report from the U.S. Commerce
Department on Friday. ...
Fri, May 30 2008, 7:00 AM
Speaking on 'Money Markets and Financial Stability' at the New York
Fed's conference on money markets on Thursday night, Fed Vice-Chairman
Donald K...
Thu, May 29 2008, 7:00 AM
Speaking in San Francisco on Thursday, Dallas Fed President Richard
Fisher said he expects " a change of course in monetary
policy to occur sooner ...
Thu, May 29 2008, 7:00 AM
On Thursday morning, the Federal Reserve Bank of New York announced
its intentions to conclude arrangements for the financing of
JPMorgan's acquisi...
Thu, May 29 2008, 7:00 AM
Preliminary U.S. GDP, jobless claims and comments from the Fed's Ben
Bernanke, Donald Kohn and Timothy Geithner will highlight the North
American ec...
Wed, May 28 2008, 7:00 AM
The Wall Street Journal is reporting that mortgage
lenders are facing an assault on yet another front as the
mortgage debacle rolls on.
Investo...
Wed, May 28 2008, 7:00 AM
Some weekly U.S. retail and mortgage data kicks off the day followed
by the release of durable goods orders and some Fed speakers. The
Canadian econ...
Wed, May 28 2008, 7:00 AM
The surprising 2.5% increase in April durable goods
excluding transport as well as the 4.2% advance in core capital goods
makes for a strong repor...
Wed, May 28 2008, 7:00 AM
The U.S. Department of Justice (DOJ) announced on Tuesday that it had
reached a proposed settlement with the National Association of Realtors
(NAR) ...
Wed, May 28 2008, 7:00 AM
Weekly mortgage applications in the United States
fell in the week ending May 23, according to data from the Mortgage
Bankers' Association (MBA) o...
Wed, May 28 2008, 7:00 AM
Increased financial literacy from consumers would
have helped dampen some of the effects of the subprime housing
crisis , according to Robert K. ...
Wed, May 28 2008, 7:00 AM
Minneapolis Fed President Gary Stern said on Wednesday that
inflation expectations will be determined by how the
Federal Reserve raises rates.
...
Wed, May 28 2008, 7:00 AM
Federal Governor Frederic S. Mishkin submitted his
resignation today to President George W. Bush. Mishkin will be
leaving his post on Aug. 31, 200...
Wed, May 28 2008, 7:00 AM
Tue, May 27 2008, 7:00 AM
Some Fed speakers, the U.S. S&P Case-Shiller house price index, new
home sales and consumer confidence will complement the release of
Canadian emplo...
Tue, May 27 2008, 7:00 AM
The S&P Case-Shiller home price index for Q1
continued to deteriorate with the 20-city composite index posting a
record annual decline of 14.1%. I...
Tue, May 27 2008, 7:00 AM
New home sales in April rose for the first time in
five months, increasing 3.3% to 526k following a downward revision of the
March reading to 509k....
Tue, May 27 2008, 7:00 AM
The Conference Board's consumer confidence index for
May fell more than expected to 57.2 in Tuesday's report, led by a 5.5-
point decline in the pr...
Tue, May 27 2008, 7:00 AM
The release of the Federal Open Market Committee's (FOMC) March 31-
April 30 minutes show seven district banks had voted for no change in the
discou...
Tue, May 27 2008, 7:00 AM
Mortgage News Daily received an email this week from a reader with an
intriguing idea for, if not solving, at least lessening the foreclosure
crisis...
Tue, May 27 2008, 7:00 AM
Speaking in an interview with the Financial Times on Monday, former
Fed Chairman Alan Greenspan said the chance of a
recession in the United State...
Tue, May 27 2008, 7:00 AM
San Francisco Fed President Janet Yellen (non-voter) said rates
are "appropriate" for encouraging growth and that the real Fed funds rate
is near ze...
Fri, May 23 2008, 7:00 AM
U.S. existing home sales, comments from Canadian Finance Minister Jim
Flaherty, and the release of the National Bank of Belgium's business
confidenc...
Fri, May 23 2008, 7:00 AM
CEP News) - U.S. existing home sales decreased to
4.89 million units in April following March's revised sales figure of
4.94 million. This is the ...
Thu, May 22 2008, 7:00 AM
At 8:30 a.m. EDT, the U.S. Labor Department will release initial and
continuing jobless claims for the weeks ending May 17 and 10
respectively. Econ...
Thu, May 22 2008, 7:00 AM
House prices fell 0.4% month-over-month in March
following February's revised 0.4% gain, and declined 1.7% quarter-over-
quarter in Q1 compared to a...
Thu, May 22 2008, 7:00 AM
Fed Governor Randall Kroszner (voter), speaking at a conference of
state bank supervisors, said that mortgage markets will
recover slowly and that...
Thu, May 22 2008, 7:00 AM
In an interview with CNBC, Treasury Secretary Henry
Paulson said that the U.S. has been in a rough patch but is
coming closer to the end of the cu...
Thu, May 22 2008, 7:00 AM
Existing home sales for April , which will be released
Friday by the National Association of Realtors (NAR), are expected to
decline further to a pa...
Wed, May 21 2008, 7:00 AM
In unusually explicit language, the minutes of the Federal
Open Market Committee's (FOMC) April 29-30 meeting said the
decision to cut rates at th...
Wed, May 21 2008, 7:00 AM
Kevin Warsh, a voting member of the Federal Reserve Board, signalled
concerns about inflation and said fellow Fed members need to be
cautious in cu...
Wed, May 21 2008, 7:00 AM
The mortgage crisis has created yet another concern that could
directly impact homeowners and, strangely enough, it is Mother Nature.
A.M. Best Co...
Wed, May 21 2008, 7:00 AM
Mortgage rates continued to move within a tight range
during the week ended May 15 according to results from Freddie Mac�s
Primary Mortgage Market ...
Wed, May 21 2008, 7:00 AM
Canadian CPI and the FOMC minutes are the highlights
of the North American economic events, but with crude oil surging to new
record highs on Wedn...
Wed, May 21 2008, 7:00 AM
Weekly mortgage applications in the United States
fell in the week ending May 16, according to data from the Mortgage
Bankers' Association (MBA) o...
Tue, May 20 2008, 7:00 AM
After the FOMC cut rates 25 bps to 2.00% on April 30 and signalled a
pause in monetary policy loosening, economists will be attentive to any
comment...
Tue, May 20 2008, 7:00 AM
Speaking at a National conference on Public Retirement in Louisiana,
Federal Reserve Vice Chairman Donald L. Kohn reiterated his position that
while...
Tue, May 20 2008, 7:00 AM
Might there be a housing rescue bill after all?
Monday night Senator Chris Dodd (D-CT and Senator Richard Shelby (R-
AL), Chairman and Ranking Me...
Tue, May 20 2008, 7:00 AM
U.S. producer prices, IBD/TIPP Economic Optimism and comments from Fed
Vice-Chairman Donald Kohn will highlight the U.S. economic data front,
while ...
Tue, May 20 2008, 7:00 AM
Inflation is not yet out of control in the United States, according to
former Fed Chairman Alan Greenspan , speaking via
satellite link to a confer...
Mon, May 19 2008, 7:00 AM
Speaking at a conference on Saturday, Dennis Lockhart, Atlanta Fed
President (non-voter) said inflation levels were 'elevated' and that a
slowing U....
Mon, May 19 2008, 7:00 AM
Economists are expecting a quiet week despite a handful of
market-moving reports . Markets will receive FOMC minutes
from the April monetary policy...
Mon, May 19 2008, 7:00 AM
We can all breathe a sign of relief.
The housing crisis is over .
At least that was the headline on the editorial page of the Wall
Street Jour...
Mon, May 19 2008, 7:00 AM
According to the Conference Board, the index of U.S. leading
indicators improved 0.1% month-over-month in April, matching the 0.1%
rise in March.
...
Fri, May 16 2008, 7:00 AM
The first monthly reading for consumer confidence in May failed to
show any improvement despite the beginning of the fiscal stimulus
tax rebates ...
Fri, May 16 2008, 7:00 AM
Brian Bethune, chief U.S. financial economist at Global Insight, said
the decline in single-family starts "certainly makes sense given the
level of...
