Fed Decision Day Guide: FOMC Seen Focusing on Dangers of Low Inflation

Posted by Forexsq 2 days ago (http://www.bloomberg.com)
img Here’s what to look for when the Federal Open Market Committee releases its policy statement at 2 p.m. today in Washington. Federal Reserve officials won’t provide new economic projections, and Chair Janet Yellen isn’t scheduled to give a post-meeting press conference.

-- With the FOMC poised to halt bond purchases, ending its third round of so-called quantitative easing, policy makers may wan

The bull market in stocks is about to get the ‘all-clear’ signal

Posted by Forexsq 6 hours ago (http://www.marketwatch.com)
img In fact, assuming the stock market closes today where it began, the venerable Dow Theory will issue a bullish “all-clear” signal. That would represent a remarkably quick recovery for the market that just two weeks ago was on the verge of dipping into official “correction” territory.

U.S. Stocks Are Little Changed as Facebook Shares Falls

Posted by Forexsq 2 days ago (http://www.bloomberg.com)
img U.S. stocks were little changed after equities rallied to a one-month high, as investors speculated the Federal Reserve will be in no hurry to raise interest rates even as it ends monthly bond purchases.

Facebook Inc. (FB) lost 6.9 percent after predicting the slowest revenue growth since the first quarter of 2013. Gilead Sciences Inc. slid 3.2 percent after third-quarter profit missed estimat

Hackers Probing Financial System’s Defenses Show Why Everyone Should Worry

Posted by Forexsq 6 hours ago (http://www.bloomberg.com)
img Hackers are testing the financial system’s cyber defenses, and they can boast of some alarming success.

Let’s start with what we know. JPMorgan Chase & Co. (JPM) says a breach of its computer systems exposed the personal information of 76 million households and 7 million small businesses. The intrusion lasted from June until sometime in August, so hackers had more than a month to nose around.

Currency Trading Skirts Turmoil as Volatility Drops

Posted by Forexsq 2 days ago (http://www.bloomberg.com)
img Traders in the more than $5 trillion-a-day foreign-exchange market have largely sidestepped the rising volatility and turmoil that rocked stocks and bonds this month amid renewed concern the global economy is weakening.

A measure of volatility is poised for its biggest slide since April as price swings in U.S. Treasuries climb the most in a year. While turnover on CME Inc.’s currencies exchang

U.S. Stocks Top Closing Records as Japan Boosts Stimulus

Posted by Forexsq 6 hours ago (http://www.bloomberg.com)
img U.S. stocks jumped, with benchmark indexes topping all-time highs on a closing basis, as an unexpected boost in stimulus from the Bank of Japan spurred optimism in the global economy.

LinkedIn Corp. rose 12 percent after third-quarter sales exceeded estimates. GoPro Inc. jumped 14 percent after its prediction for fourth-quarter profit surpassed analysts’ projections. Starbucks Corp. (SBUX) fel

Ruble Weakens to Record on Concern Russia to Expedite Free Float

Posted by Forexsq 2 days ago (http://www.bloomberg.com)
img The ruble weakened to a record for the fifth day on concern Russia will quicken its move to a free float after more than $20 billion of interventions this month failed to halt the depreciation.

The currency slid 0.6 percent to 47.7112 against the central bank’s target dollar-euro basket by 6 p.m. in Moscow, bringing this year’s decline to 19 percent. Ten-year government bond yields approached

Shale Boom Redraws Oil Routes as Alaskans Ship to Korea

Posted by Forexsq 6 hours ago (http://www.bloomberg.com)
img For signs of how the U.S. shale boom is transforming the global flow of oil, look halfway across the world at South Korea.

The Asian nation, which relies on the Middle East for about 86 percent of its oil imports, is benefiting as new output from Texas to North Dakota displaces the crudes that fed U.S. refineries for decades. South Korea received this month a shipment of Alaskan oil for the fi

Fed ends 6-year effort to stimulate economy | Top Forex Brokers

Posted by Forexsq 1 day 8 hours ago (http://www.topforexbrokers.com)
img The Federal Reserve announced the end of its bond-buying program Wednesday, marking the close of a six-year effort to stimulate the economy. The decision reflects how much the economy has... moreShare it now!

Why Oil Prices Went Down So Far So Fast

Posted by Forexsq 5 hours ago (http://www.bloomberg.com)
img The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence that threatened to disrupt supplies and never did.

After three-and-a-half months of slow decline, the tipping point for a steeper drop came on Oct. 1, said Ray Carbone, president of broker Paramount Options Inc. That’s when Saudi Arabia

Great time to load up on stocks, unless you buy into the post-QE disaster scenario

Posted by Forexsq 1 day 8 hours ago (http://www.marketwatch.com)
img The high of my hometown Giants winning another Series. The low of wanting to reach through the screen and give that struggling portly fellow a hug. No, not Billy Butler. He’ll be fine. Rather, the Chevy guy doing his Chris Farley impression when handing over the MVP award. It’s a wonder GM GM, -0.20% shares are down only a couple of cents this morning.

But let’s not get into all the merriment

Two Spacecraft Down: Gravity Has Never Let Us Off Easy

Posted by Forexsq 19 minutes ago (http://www.bloomberg.com)
img The word of the week is "anomaly."

Two high-profile accidents in the aerospace industry have reminded us of something too often forgotten in this age of Internet everywhere, hundreds of high-def channels, and cars that last 200,000 miles: Technology is hard.

One of two pilots died earlier today when a SpaceShipTwo suborbital plane belonging to Richard Branson's Virgin Galactic crashed in th

Dollar Gains as Central Banks Give Green Light to Buy

Posted by Forexsq 1 day 8 hours ago (http://www.bloomberg.com)
img Central banks around the world are giving investors the green light to buy the dollar, pushing it to a three-week high against its major counterparts after the Federal Reserve ended its bond-purchase stimulus program.

The greenback rose for a second day versus the euro as reports showed the U.S. economy expanded more than forecast in the third quarter and the four-week average of jobless claim

U.S. jobless claims rise, but underlying labor market trends firming

Posted by Forexsq 1 day 8 hours ago (http://www.reuters.com)
img The number of Americans filing new claims for unemployment benefits rose for a second straight week last week, but remained at levels consistent with a firming labor market.

Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 287,000 for the week ended Oct. 25, the Labor Department said on Thursday.

The four-week moving average of claims, considered a bet

U.S. Economy Up 3.5% in 3rd Quarter, Capping Best 6 Months in Over a Decade

Posted by Forexsq 1 day 8 hours ago (http://www.bloomberg.com)
img The economy in the U.S. expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases.

Gross domestic product grew at a 3.5 percent annualized rate in the three months ended September after a 4.6 percent gain in the second quarter, Commerce Dep

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