U.S. business spending weakens despite upbeat sentiment

Posted by Forexsq 2 days ago (http://www.reuters.com)
img A key gauge of capital goods orders by U.S. businesses recorded its biggest drop in eight months in September, but the surprise decline was likely to be temporary as business sentiment has been upbeat in recent months.

The Commerce Department said on Tuesday non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 1.7 percent last month.

Consumer confidence jumps in October to reading of 94.5

Posted by Forexsq 2 days ago (http://www.marketwatch.com)
img The Conference Board said Tuesday that consumer confidence in October rose to a reading of 94.5, up from 89 in September. Economists polled by MarketWatch expected an 87.3 reading. "A more favorable assessment of the current job market and business conditions contributed to the improvement in consumers' view of the present situation. Looking ahead, consumers have regained confidence in the short-

With the Federal Reserve, timing isn’t everything

Posted by Forexsq 2 days ago (http://www.marketwatch.com)
img There is no need to panic at the recent drop in oil prices, the secretary general of OPEC said on Wednesday, saying low prices would curb competing supplies and require the group to pump far more by the end of the decade.

Abdullah al-Badri said output of higher-cost oil supplies such as shale would be curbed if oil remained at around $85 a barrel, while the Organization of the Petroleum Export

Millionaire tax on the ballot in Illinois

Posted by Forexsq 2 days ago (http://money.cnn.com)
img Should millionaires pay extra in taxes? It's a question that many states have asked. The latest is Illinois.

Prairie State voters next Tuesday will be asked whether they think the state's constitution should be changed to impose an additional 3% tax on income over $1 million. Revenue from the ballot measure would help fund schools.

Fed will hold market’s hand as it ends QE3 | Top Forex Brokers

Posted by Forexsq 2 days ago (http://www.topforexbrokers.com)
img The Federal Reserve will go out of its way this week to send soothing signals to investors already unnerved by recent market volatility and worries about the global economy. There... moreShare it now!

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

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

Posted by Forexsq 1 day 50 minutes 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!

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

Posted by Forexsq 1 day 38 minutes 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 36 minutes 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

Expecting U.S. Growth to Slow? REIT Pair Trade Pays 1.6%

Posted by Forexsq 1 day 29 minutes ago (http://www.bloomberg.com)
img Investors who see a slowdown for the U.S. economy may be interested in a strategy of being long Health Care REIT Inc. (HCN) and short Simon Property Group Inc. (SPG)

Health Care REIT, the largest U.S. health-care landlord by market value, is up 32 percent since Dec. 19, outpacing the 22 percent gain for Simon Property, the biggest U.S. owner of shopping malls. Their stock-price ratio is rising

U.S. Stocks Fluctuate as Visa Rallies Amid GDP, Jobless Data

Posted by Forexsq 1 day 23 minutes ago (http://www.bloomberg.com)
img U.S. stocks fluctuated, as a rally in Visa Inc. offset data showing faster-than-estimated growth that fueled speculation the economy is strong enough for the Federal Reserve to raise interest rates next year.

The Standard & Poor’s 500 Index fell 0.1 percent to 1,981.35 at 9:37 a.m. in New York. The Dow Jones Industrial Average rose 81.46 points, or 0.5 percent, to 17,055.77, as Visa Inc. surge

U.S. pending home sales gain misses expectations in September

Posted by Forexsq 3 days ago (http://www.reuters.com)
img Contracts to buy previously owned U.S. homes rebounded less than expected in September, pointing to a gradual housing market recovery.

The National Association of Realtors said on Monday its Pending Home Sales Index, based on contracts signed last month, gained 0.3 percent to 105.0 after falling 1.0 percent in August.

Economist polled by Reuters had forecast pending home sales rising 0.5 pe

Fed set to finally get out of the market

Posted by Forexsq 3 days ago (http://money.cnn.com)
img Even in this bull market, all good things must come to an end.

The Federal Reserve is expected to close a chapter in history this week and announce the conclusion of its massive stimulus program. Known as quantitative easing, the program is widely credited with driving investors back into stocks in the aftermath of the financial crisis.

"I think to some extent quantitative easing has provid

Fed will hold market’s hand as it ends QE3

Posted by Forexsq 3 days ago (http://www.marketwatch.com)
img The Federal Reserve will go out of its way this week to send soothing signals to investors already unnerved by recent market volatility and worries about the global economy.

There are no press conferences or updated economic forecasts after the U.S. central bank’s two-day meeting Tuesday and Wednesday and markets will be left to look for signals from the Fed’s policy statement, which will be r

ECB List of Failing Banks Shrinks If You Read Small Print | Top Forex Brokers

Posted by Forexsq 3 days ago (http://www.topforexbrokers.com)
img Most of the lenders that failed the European Central Bank’s balance-sheet test have been let off for good behavior. Only eight banks haven’t already plugged capital gaps or satisfied the... moreShare it now!

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