10 Updates

The Fed Is Boring Again

Source: Newsweek, Dec 12 2012, 4:44pm CST

Fiscal Cliff Dispatch, day 35: very little movement to report on the stalemate. There was some important financial news coming out of Washington, however. In fact, there was a very consequential announcement from the Federal Reserve. The central bank ...

Continue reading on: Newsweek

 
 
Update
10

6 minutes ago

Investors push stocks higher

Source: Couer d'Alene Press  |   Jun 18 2013, 2:32am CDT

NEW YORK - Investors on Wall Street are playing a guessing game with the Federal Reserve. On Monday, they guessed that the central bank will continue trying to prop up the economy and sent stocks higher. The major stock indexes all rose abo ...

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Update
9

25 minutes ago

Fed chief expected to clarify next steps

Source: The Olympian   |   Jun 18 2013, 2:13am CDT

Members of the rate-setting Federal Open Market Committee are expected to announce on Wednesday that their benchmark interest rate will remain unchanged at near zero. But Chairman Ben Bernanke is likely to attempt to clarify in a news conf ...

Continue reading on: The Olympian  More like this

 
Update
8

26 weeks ago


Quote:
"Clearly the fiscal cliff is having effects on the economy"


Source: Newsweek

 

Latest Politics News

 
Update
7

28 minutes ago

TSX up

Source: Regina Leader-Post  |   Jun 18 2013, 2:10am CDT

The Toronto stock market closed higher Monday as traders bought into stocks beaten down in a string of recent declines while hoping for more clarity from the U.S. Federal Reserve on whether it might start to ease up on stimulus mea ...

Continue reading on: Regina Leader-Post  More like this

 
Update
6

32 minutes ago

ETFs For The Third Scenario

Source: Seeking Alpha  |   Jun 18 2013, 2:06am CDT

In 2013, Mondays have been noticeably superb for U.S. stock investors. Tuesdays have been even more spectacular; in fact, until a few weeks ago, the Dow closed higher on 20 consecutive occasions. However, what began as a siren song of riskless gains ...

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Update
5

36 minutes ago

Ben Bernanke is caged like a hamster

Source: New Statesman  |   Jun 18 2013, 2:02am CDT

The mice are taunting Clementine, our hamster. Clementine spends her whole life gripping the bars of her cage and peering out whilst waiting for the brief time she is allowed to run around in her plastic ball each day. Our free-ro ...

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Update
4

37 minutes ago

JGBs rise after smooth 20-year auction; Fed in focus

Source: Reuters Mobile  |   Jun 18 2013, 2:01am CDT

* 20-yr sale's bid/cover ratio is highest since Sept * 10-year yield slips but remains in recent range TOKYO, June 18 (Reuters) - Japanese government bonds rose on Tuesday after a solid sale of 20-year bonds, though the benchmark yi ...

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Update
3

52 minutes ago

Dollar Rises Slightly Vs Yen

Source: Wall Street Journal  |   Jun 18 2013, 1:46am CDT

By Kosaku Narioka The dollar rose slightly against the yen Tuesday in Asia as buying from hedge funds and Japanese importers outweighed selling by others in a quiet session, as speculation grew over whether the U.S. Federal R ...

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Update
2

1 hour ago

TREASURIES-Bonds edge down ahead of Fed meeting

Source: Reuters Mobile  |   Jun 18 2013, 1:24am CDT

TOKYO, June 18 (Reuters) - U.S. Treasuries edged down in Asia on Tuesday, as investors positioned for the possibility that the U.S. Federal Reserve might not offer reassurance on its policy intentions at its ...

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Update
1

1 hour ago

Business › Stocks close down 0.20%

Source: Japan Today  |   Jun 18 2013, 1:18am CDT

Tokyo stocks lost 0.20% on Tuesday ahead of the start of a U.S. Federal Reserve policy meeting as investors look for clues on the future of its massive stimulus drive. The benchmark Nikkei 225 index, which rose 2.7 ...

Continue reading on: Japan Today  More like this

 
 

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