U.S. Stocks Decline on Fed Bets After Retail Sales Climb

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img U.S. stocks fell, with the Standard & Poor’s 500 Index poised to end a five-week stretch of gains, as investors speculated the Federal Reserve may raise interest rates sooner than estimated after retail sales climbed at the fastest pace in four months.

The S&P 500 fell 0.2 percent to 1,993.91 at 9:33 a.m. in New York.

Wall St. opens down ahead of Fed meeting

Posted by Forexsq 15 hours ago (http://www.reuters.com)
img U.S. stocks opened lower on Tuesday ahead of a Federal Reserve meeting expected to provide clues on the short term direction of U.S. interest rates.

The Dow Jones industrial average .DJI fell 21.96 points, or 0.13 percent, to 17,009.18, the S&P 500 .SPX lost 3.68 points, or 0.19 percent, to 1,980.45 and the Nasdaq Composite .IXIC dropped 18.67 points, or 0.41 percent, to 4,500.23.

Retail Sales Increase in U.S. by Most in Four Months

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img Sales at retailers climbed in August at the fastest pace in four months and prior readings were revised up, boosting prospects for U.S. economic growth this quarter.

The 0.6 percent gain matched the median forecast of 82 economists surveyed by Bloomberg and followed a 0.3 percent increase the prior month that was stronger than previously reported, Commerce Department figures showed today in Wa

Ditching Monarchy Is Step Too Far for Scots Nationalists

Posted by Forexsq 15 hours ago (http://www.bloomberg.com)
img After Elizabeth I died childless in 1603, her closest royal relative James VI of Scotland came down to take the throne and unite the two crowns, becoming James I of England. He only went back once.

More than four centuries later, Scottish National Party leader Alex Salmond says that if his campaign for independence prevails in this week’s referendum, he would keep Queen Elizabeth II, the 12th

Yahoo’s Yang Is Back Playing Alibaba-Board Power Broker

Posted by Forexsq 4 days ago (http://www.bloomberg.com)
img Executives at messaging startup TangoMe Inc. were brainstorming expansion plans last year when one of their investors, Jerry Yang, made a suggestion: Talk to Alibaba Group Holding Ltd.

Yang, a co-founder of Yahoo! Inc. (YHOO), quickly introduced TangoMe to an Alibaba executive. That led to a meeting with Yang, Alibaba Vice Chairman Joe Tsai and the young company at its Space Odyssey room in Mo

U.S. Stocks Fall With Europe Equities, Bonds Gain on Fed

Posted by Forexsq 15 hours ago (http://www.bloomberg.com)
img U.S. stocks fell with European equities, while Treasuries advanced as investors speculated on the timing of a rate increase amid a Federal Reserve policy meeting. The ruble declined to a record and gold advanced.

The Standard & Poor’s 500 Index slid 0.2 percent at 9:30 a.m. in New York. The Stoxx Europe 600 dropped 0.6 percent, while emerging-market equities headed for a ninth straight retreat

U.S. dollar is flat against rivals after data

Posted by Forexsq 4 days ago (http://www.marketwatch.com)
img The U.S. dollar remained higher against the euro, yen and other G-10 rivals Friday after data showed U.S. retail sales recorded robust growth in August.

Analysts said the strong economic data encourage they Fed to bring its outlook forward.

“Now, that we know that the U.S. retail sales data was good, this would increase the odds of Fed changing their statement next week, and if they do, we

European Stocks Fall to Two-Week Low Before Fed Meeting

Posted by Forexsq 15 hours ago (http://www.bloomberg.com)
img European stocks fell to a two-week low amid speculation about the timing of a U.S interest-rate increase before a two-day Federal Reserve meeting, and this week’s vote on Scottish independence.

The Stoxx Europe 600 Index retreated 0.6 percent to 342.02 at 1:17 p.m. in London. The equity gauge has fallen 2 percent since reaching a two-month high on Sept. 4 amid investor concern over the Scottis

An economic puzzle has been revised away

Posted by Forexsq 4 days ago (http://www.marketwatch.com)
img Payrolls growth has been strong, the unemployment rate has come down, manufacturing and service sentiment was buoyant, consumer credit was expanding, the stock market continues to improve, house prices are still mending, consumer confidence was improving — but consumers weren’t spending?

Well, the new Commerce Department report on retail sales indicates that, actually, spending wasn’t so disas

Carney Steering BOE in Scots Vote as Quebec Casts Shadow | Top Forex Brokers

Posted by Forexsq 1 day 16 hours ago (http://www.topforexbrokers.com)
img Having watched Quebec’s attempt to break away from his native Canada in 1995 while working at Goldman Sachs Group Inc. in London, the Bank of England governor now finds himself... moreShare it now!

Record S&P 500 Masks 47% of Nasdaq Mired in Bear Market

Posted by Forexsq 1 day 16 hours ago (http://www.bloomberg.com)
img Beneath the U.S. stock market’s record-setting gains, trouble is stirring.

About 47 percent of stocks in the Nasdaq Composite (CCMP) Index are down at least 20 percent from their peak in the last 12 months while more than 40 percent have fallen that much in the Russell 2000 Index and the Bloomberg IPO Index. That contrasts with the Standard & Poor’s 500 Index (SPX), which has closed at new hig

Alibaba is coming: Should you buy it?

Posted by Forexsq 1 day 16 hours ago (http://money.cnn.com)
img The hottest party of the year is near.

Chinese e-commerce behemoth Alibaba is vying to raise up to $24 billion in what could be the largest IPO in history. Since last week, company executives have been on the road trying to convince mutual fund managers, hedge fund titans, and wealthy individuals that for between $60 and $66 per share, Alibaba is even better than Facebook.

And the demand fr

Scots Breakaway Seen at 45% Probability by Economists

Posted by Forexsq 1 day 16 hours ago (http://www.bloomberg.com)
img Scotland’s nationalists have a 45 percent chance of winning the independence referendum this week and there’s a risk of a capital flight from the country if that happens, according to a Bloomberg survey of economists.

Asked to quantify the odds of a “yes” and “no” vote in the Sept. 18 ballot, economists said there is a 55 percent probability the anti-independence Better Together campaign will

U.S. Jobless Claims Hit Two-Month High, Breaking Steady Decline | Top Forex Brokers

Posted by Forexsq 5 days ago (http://www.topforexbrokers.com)
img The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain... moreShare it now!

Dollar Rises as Commodities Decline on China; Ruble Falls

Posted by Forexsq 1 day 16 hours ago (http://www.bloomberg.com)
img The dollar strengthened to a 14-month high and commodities declined to the lowest level in five years after data added to evidence China’s economy is slowing. Russia’s ruble weakened to a record after the European Union and U.S. imposed new economic sanctions.

The Bloomberg Dollar Spot Index rose 0.1 percent at 8:33 a.m. in New York. The Bloomberg Commodity Index (BCOM) fell 0.4 percent as oil
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