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  • Stocks Consolidates on Weak Data
    Analysis and Opinion »

    Stocks Consolidates on Weak Data

    December 19, 2013, 21:44 GMT

    Stocks in the US started the trading session nearly flat, and ended in the same fashion, as investors absorb Wednesday announcements by the Federal Reserve. Data in the US continues to be slightly stronger than expected while the Senate was able to pass the budget which should remove some uncertainty from the markets. On Thursday

  • The Federal Reserve Decision on Monetary Policy: Biggest News of the Year

    The Federal Reserve decision on monetary policy was the biggest news of the week and arguably the biggest news of the year. Although most investors expected no change to policy and just an adjustment to guidance with regard to bond purchase tapering, the news was still interesting. Japanese news released during the Asian session barely

  • US Stocks Began The Trading Session In The Black

    US stocks began the trading session in the black, but any changes were temporary as investors awaited the Fed decision on bond tapering. Surprisingly, there was much debate on whether the Fed would change their bond purchase program, as many pundits believe the chances were 50-50. The Fed decided to scale back their bond purchase

  • The Dollar Gains Ground Ahead of the Fed Decision

    The dollar continued to consolidate ahead of the Fed meeting which will culminate with a Press Conference held by current Chairman Ben Bernanke. This will be Bernanke’s last press conference as the Chair of the Federal Reserve assuming Yellen is confirmed early in 2014. Solid European data failed to lift the Euro and Pound. Investor’s

  • Stocks Treat Water Ahead of the Fed Decision

    Stocks started the trading in the red and hovered near unchanged as investors consolidated some of Monday solid gains. The S&P 500 climbed nearly 1% on Monday, but investors held steady ahead of Wednesday’s decision on monetary policy by the Federal Reserve. The two day meeting of the FOMC will culminate in a press conference

  • Yen Gains Traction After Robust Tankan Report

    All eyes will be on the Federal Reserve this week as investors attempt to determine whether the Fed will taper its bond purchase program. The targets for inflation and unemployment have not been met, and forward guidance will be key to the press conference that follows the Fed meeting. The Tankan Survey in Japan was

  • Stocks Soar But Volatility Remains Buoyed

    US stocks started the week on a positive note, as Chinese and Japanese data helped buoyed equity bourses. Data in Europe was also solid, with flash PMI reports showing strong manufacturing results. All eyes will be on the Federal Reserve ahead of their two day meeting which culminates on Wednesday with a press conference by

  • Stock Tread Water Ahead of Fed Meeting

    Stocks started the trading session in the black moving higher as positive sentiment returned briefly. Investors are concerned about the Fed meeting next week and a potential tapering of the bond purchase program. There seems to be two camps, those who believe that economic strength will erode market sentiment and those who believe that strength

  • Sterling Breaks Lower Despite Solid Construction Data

    Sterling was under pressure on Friday as the dollar gain traction ahead of the Fed meeting scheduled for December 17 and 18. The yield differential moved in favor of the greenback as bond yields backed up on stronger than expected US data. The UK reported construction output at 5.3% year over year vs. 1.3% consensus

  • Aussie Dollar is Buoyed After Robust Jobs Report

    The Australian dollar held steady after testing the recent lows as a better than expected employment report helped buoy the currency from down under. Obama nominated Stanley Fischer to replaced Janet Yellen as the Fed Vice Chairman, Eurozone Industrial production printed slight below expectations. Australia created 21,000 jobs in November, twice what the market expected,

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FxPro 1.10184/1.10171 1.3
FXCM 1.13943/1.13912 3.1