All Entries Tagged With: "federal-reserve"
Economic Report: Philly Fed factory index turns negative in May
By Jeffry Bartash , MarketWatch WASHINGTON (MarketWatch) — Business conditions at manufacturing firms in the Philadelphia region worsened in May, as orders for new products fell and executives scaled back hiring plans, a survey showed Thursday.
Philly Fed business index turns negative in May
WASHINGTON (MarketWatch) – Business conditions at manufacturing firms in the Philadelphia region worsened in May, according to the monthly survey issued Thursday by the Federal Reserve Bank of Philadelphia. The Philly Fed index fell to -5.8 from 8.5 in April, well below expectations. Economists polled by MarketWatch had expected the index to increase to 10.0
Wall St Week Ahead: Stocks face choppy seas of bank woes
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall St Week Ahead: Stocks face choppy seas of bank woes More volatility could be in store for US stocks next week as investors grapple with less certainty about the US economic outlook and a new blow to the financial sector after JPMorgan Chase’s trading loss. More volatility could be in store for US stocks next week as investors grapple with less certainty about the US economic outlook and a new blow to the financial sector after JPMorgan Chase’s trading loss.
Asia Markets: Japan stocks rise on earnings, but others slip
By Virginia Harrison , MarketWatch SYDNEY (MarketWatch) — Asia markets diverged early Friday, with earnings lending support in Tokyo, while losses for exporters dragged Seoul into the red, and with the region awaiting a batch of Chinese economic data due later in the day. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 +0.34% added 0.3%, while South Korea’s Kospi KR:SEU -0.70% fell 0.6%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO -0.13% slipped 0.1%
J.P. Morgan trade calls for Volcker rule: Levin
WASHINGTON (MarketWatch) – J.P.
Michael Casey: Has China been keeping the euro above $1.30?
NEW YORK (MarketWatch) — To volatility-loving currency traders, the euro has been a source of great frustration, its trade versus the dollar hewing to a boring range of 4 cents for almost four months.
Fed’s Dudley: QE will stop if it causes inflation
WASHINGTON (MarketWatch) – A top Federal Reserve officials on Tuesday assured foreign economic policymakers that the Fed’s policy to purchases assets “will not continue the moment” it looks like it may be generating inflation.
Senator keeps hold on Obama’s Fed nominees: report
WASHINGTON (MarketWatch) — Louisiana Republican Sen. David Vitter is keeping his hold on two of President Barack Obama’s nominees to the Federal Reserve, according to a report on Monday. Reuters reported that Vitter won’t lift his hold on the nominations of Harvard economist Jeremy Stein and investment banker Jerome Powell
Markets Live: Nifty breaches 200 DMA support for first time since Jan
Like this story, share it with millions of investors on M3 Markets Live: Nifty breaches 200 DMA support for first time since Jan The benchmark index Nifty breached its 200 day moving average popularly known as DMA in intraday trade.
Mutual Funds Weekly: Don’t be scared of Apple’s valuation
By MarketWatch Don’t miss these top money and investing features: Chuck Jaffe writes that it’s not hard to find investors in many of the online communities making the case for getting out of Apple, expecting a correction or something much worse. Despite the fact that Apple bashing is becoming a popular sport, investors should not be scared out at current valuations, he writes. Also in this week’s fund offerings from MarketWatch, John Prestbo writes in his Indexed Investor column that most indexed investors have at least one broad-based fund in their portfolios, but relatively few choose the broadest of all—a fund based on a global index