Dollar Pares Loss as Jobless Claims Trail Forecast

Posted by Forexsq 6 days ago (
img The dollar pared a loss against the euro as a report showed claims for U.S. unemployment benefits increased less than forecast.

The Bloomberg Dollar Spot Index dropped for the first time in five days after Federal Reserve Chair Janet Yellen said yesterday she doesn’t see any sign of inflation and has a “continuing commitment” to support the recovery. The pound reached the highest level in more

Keep calm and invest in these unknown dividend stocks

Posted by Forexsq 6 days ago (
img How much do you fear a stock market correction?

There are dire warnings, the latest from Bank of America Merrill Lynch analysts Stephen Suttmeier and Jue Xiong, who said earlier this week that the Nasdaq Composite Index COMP +0.04% may have topped out following its recent rally heading into May, typically a weak month for stocks. The tech-heavy Nasdaq is down 3% this year following gains of

U.S. Stocks Rise After Yahoo Results, Factory Output Data

Posted by Forexsq 7 days ago (
img U.S. stocks rose, with the Standard & Poor’s 500 Index climbing a third day, as Yahoo! Inc. earnings topped estimates and data showed industrial production gained more than forecast.

Yahoo rallied 7.9 percent after saying sales surged at its Alibaba Group Holding Ltd. unit. Intel Corp. rose 0.5 percent after the world’s largest semiconductor maker forecast second-quarter sales that may exceed

Yen Falls as Chinese Growth Beats Analyst Forecasts

Posted by Forexsq 7 days ago (
img The yen fell the most in more than two weeks against the euro after data showed China’s economic growth slowed less in the first quarter than analysts forecast, damping demand for safer assets.

Japan’s currency dropped against most of its 16 major counterparts as the nation’s stocks gained and central bank Governor Haruhiko Kuroda told parliament it was not appropriate to discuss an exit from

Should you sell in April and go away?

Posted by Forexsq 7 days ago (
img Should you use the stock market’s turmoil as the occasion to get a jumpstart on the much-vaunted “Sell in May and Go Away” indicator?

“Yes” is the answer from one of the two advisers I monitor who not only follow this indicator, but try to do even better by selling in April rather than always waiting until May Day. And the other is poised to give a “sell” signal as early as this coming Monday.

U.S. housing starts rise less than expected | Top Forex Brokers

Posted by Forexsq 7 days ago (
img U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department... moreShare it now!

Gold Trades Above Lowest in Week as Ukraine-U.S. Weighed

Posted by Forexsq 7 days ago (
img Gold traded above the lowest price in more than a week in New York as investors weighed turmoil over Ukraine against the outlook for an improving U.S. economy.

Gold fell 2 percent yesterday, the most since December, as data indicated U.S. consumer prices accelerated in March. A report released this week showed retail sales increased more in March than economists forecast. The metal slid the mo

Bank of America: Here’s what investors can expect

Posted by Forexsq 7 days ago (
img Bank of America Corp. BAC -2.69% will release its first-quarter earnings on Wednesday at 7 a.m. Eastern. This is what investors can expect:

Earnings: The nation’s second-largest bank by assets is expected to report first-quarter earnings of 5 cents a share, or 27 cents a share in adjusted earnings, compared with 20 cents a share in the year-ago period, according to analysts surveyed by FactSe

Legal costs hit Bank of America's bottom line

Posted by Forexsq 7 days ago (
img Bank of America reported a quarterly loss Wednesday as legal costs hit the bank's bottom line.

It's another reminder that the tentacles of the financial crisis are still squeezing both Main Street and Wall Street.

Consumer Price Index March 2014

Posted by Forexsq 8 days ago (
img The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.2 percent in March on a seasonally adjusted basis, the U.S.
Bureau of Labor Statistics reported today. Over the last 12 months,
the all items index increased 1.5 percent before seasonal adjustment.

Increases in the shelter and food indexes accounted for most of the
seasonally adjusted all items increase. The food ind

Russia says Ukraine on brink of civil war

Posted by Forexsq 8 days ago (
img Russia declared Ukraine on the brink of civil war on Tuesday as Kiev said an "anti-terrorist operation" against pro-Moscow separatists was under way, with troops and armored personnel carriers seen near a flashpoint eastern town.

Twenty-four hours after an Ukrainian ultimatum expired for the separatists to lay down their arms, witnesses however saw no signs yet that Kiev forces were about to s

Yellen prepares Wall Street for more wholesale funding rules from Fed

Posted by Forexsq 8 days ago (
img The U.S. Federal Reserve is considering adopting yet more measures to address the remaining stability risks in the short-term wholesale funding markets that seized during the 2008 financial crisis, Fed Chair Janet Yellen said on Tuesday.

In a video speech, Yellen praised new liquidity standards for global banking firms, but warned that they do not apply to so-called shadow banks or to the fina

U.S. Stock-Index Futures Rise on J&J, Coca-Cola Earnings

Posted by Forexsq 8 days ago (
img U.S. stock futures rose, after equities rebounded from their worst week since 2012, as earnings from Johnson & Johnson and Coca-Cola Co. offset data showing a decline in a gauge of New York-area manufacturing.

Coca-Cola gained 3.1 percent as global volume sales increased. Johnson & Johnson climbed 2.5 percent as the company raised its forecast for the year. Umpqua Holdings Corp. added 1.8 perc

Ukraine hikes rates in bid to defend economy

Posted by Forexsq 8 days ago (
img Ukraine's central bank has hiked its benchmark lending rate for the first time in eight months amid an escalating confrontation with pro-Russian activists.

The central bank raised the discount rate from 6.5% to 9.5% late Monday, a move that should help support the country's floundering currency and curb inflation.

This is the easiest way to pay less in taxes

Posted by Forexsq 8 days ago (
img Do you think discussions of 401(k) investing are boring? Maybe it’s time to think again.

With pensions a rarity these days, even for government workers, you need to do whatever you can to maximize contributions to a 401(k), or similar, tax-deferred retirement plan. If you’re self-employed, an individual retirement account, or IRA, is the way to go, and there are different types to consider, de

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