Markets


The Senate Really Wants Janet Yellen to Talk about Donald Trump The Senate Really Wants Janet Yellen to Talk about Donald Trump
- February 16, 2017

The futures market implied traders have priced in only a 27 percent chance of a rate increase at the Fed's March 14-15 policy meeting FFH7 and less than a 50 percent chance the Fed would raise rates three times in 2017 FFZ7, according to the CME Group's FedWatch program. (more...)
More than 1000 of MI bridges in poor condition, according to report
- February 16, 2017

The ARTBA report did find that the number of deficient bridges slightly declined by 0.5 percent, or 2,785 bridges, compared to 2015, but that pace would take more than two decades to replace or fix all of the bridges. That number includes an eye-popping 1,790 bridges in North Carolina. "It is outdated, overused, underfunded and in desperate need of modernization", Black says. (more...)
Inflation eases to 5-year low of 3.17% in January Inflation eases to 5-year low of 3.17% in January
- February 14, 2017

Retail inflation has declined because of the impact of cash crunch following demonetization of old Rs 500 and Rs 1000 notes with effect from November 9, 2016, experts said. He said: "With wage inflation only at around 2.6 per cent, it's slightly worrying because it looks like people will have slightly less disposable income going forward". (more...)
China's Jan crude imports rise to third-highest on record China's Jan crude imports rise to third-highest on record
- February 12, 2017

The volume of foreign trade was 2.18 trillion yuan in January, up 19.6 percent year on year. Imports surged 16.7% from a year ago, also beating the market's forecast for a 10.0% rise, thanks to higher demand for commodities. Raymond Yeung, chief greater China economist at Australia & New Zealand Banking Group Ltd.in Hong Kong. The company attributed strong imports in January to brisk property investment and a rally in commodity prices. (more...)
Shades Darker out in time for Valentine's Day Shades Darker out in time for Valentine's Day
- February 12, 2017

Well, to be plainly honest, it's really between the sex movie ( Fifty Shades Darker ) and the kids movie ( The LEGO Batman Movie ). What I mean by that is every fifteen minutes clothes were flying off and there isn't much of the raciness of the first film. (more...)
Oil Prices Continue Upward Trajectory as OPEC Honors Cuts Oil Prices Continue Upward Trajectory as OPEC Honors Cuts
- February 11, 2017

The production decrease was partially offset by increases in Libya and Nigeria, which are not participating in the agreement. "For US light tight oil, recent increases in drilling activity suggest that production will recover and the IEA's forecast is growth of 175,000 bpd for the year as a whole with production in December expected to be 520,000 bpd up on a year earlier", the IEA said. (more...)
Homeland Security chief wants border wall built in two years
- February 03, 2017

Asked about hostility from Mexican about the American plan to build a wall, Kelly remarked, 'I'd really like to establish a relationship on this, on the other side. After an global backlash caused by President Trump barring travel into the USA from seven majority-Muslim countries, General Kelly defended his boss. (more...)
Gold Lower As Fed Preps Rate Call Gold Lower As Fed Preps Rate Call
- February 02, 2017

Most economists don't expect a change to rates at this meeting, though the Fed's statement could shape expectations for the rest of the year. The Fed also highlighted that the unemployment rate, now at 4.7 percent, was still hovering near its recent low. (more...)
United Kingdom demand for Irish manufacturing grows despite Brexit
- February 02, 2017

The upturn in PMI reflected strong rates of output and new order growth in January, alongside a sustained rise in staffing levels. Despite the 6.8-point increase in January, the index is still 13.6 points below the level recorded this time past year. (more...)
The Teva Pharmaceutical Industries Limited (TEVA) Releases FY17 Earnings Guidance The Teva Pharmaceutical Industries Limited (TEVA) Releases FY17 Earnings Guidance
- February 01, 2017

Shares of Teva Pharmaceutical Industries fell Tuesday after a federal court in DE rejected four of the drug maker's claims of patent infringement on its top-selling multiple sclerosis medicine. Growth Estimate for Teva Pharmaceutical Industries Limited (NYSE: TEVA ) is projected at 6.2 percent in the Current Quarter and -3.3 percent in the Next Quarter, according to analysts. (more...)
Trump Has 'Friendly' Call with Mexican President, Demands Change Trump Has 'Friendly' Call with Mexican President, Demands Change
- January 31, 2017

President Donald Trump continued his social media attacks on Mexico on Friday, accusing the country of taking advantage of the U.S. On Thursday, Trump had tweeted that If Mexico is unwilling to pay for the badly needed wall, then it would be better to cancel the upcoming meeting between him and Pena Nieto. (more...)
Google Parent Alphabet Reports Mixed Earnings As Moon Shot Programs Blast Off
- January 29, 2017

Google revenues counted for most of Q4 sales with $25.8 billion in revenue, up from $22.3 billion the previous quarter. While Alphabet lost less on moon shots in 2016 compared to the previous year, helped in part by the spinning off the self-driving vehicle project into its own company, they also lost a number of important executives from various projects including Project Loon and Google Fiber. (more...)
Theresa May: UK and United States must stand strong together Theresa May: UK and United States must stand strong together
- January 28, 2017

The Prime Minister said she and the president took steps to "lay the groundwork for a trade agreement" between the USA and UK. White House spokesman Sean Spicer said Trump has not yet decided whether he will cut funding to global organizations, like the United Nations, after media reports suggested the president was looking to reduce the role of the USA within those organizations. (more...)
Weakness Of The Pound Helps Diageo Beat Estimates Weakness Of The Pound Helps Diageo Beat Estimates
- January 28, 2017

Charles Ireland, general manager for Diageo Great Britain, Ireland and France, said: "Net sales for the six months ended 31 December 2016 were broadly flat, driven by changes in selling patterns across channels resulting from an increase in our commercial footprint". (more...)
Rates on hold as inflation bottoms
- January 26, 2017

The Reserve Bank of Australia already has interest rates at 1.5 percent, creating a conundrum as to what course of action the central bankers can take to spark inflation growth. The average of RBA's two core inflation measures has remained at around 1.6% throughout previous year. Inflation data remains a key focus for the Australian Dollar, and the latest figures in from the Australian Bureau of Statistics has shown up some surprises. (more...)
Rio Tinto Unloads Most of Its Coal Assets in $2.4 Billion Deal Rio Tinto Unloads Most of Its Coal Assets in $2.4 Billion Deal
- January 25, 2017

Yancoal also has an option to pay a single cash payment of $2.35 billion, Rio said . "Yancoal has successfully restructured its operations and reduced costs throughout the past three years and established itself as a leading coal producer committed to investing in the Australian resources sector". (more...)
FL Man Arrested for Donald Trump Assassination Threat FL Man Arrested for Donald Trump Assassination Threat
- January 22, 2017

A Florida man has been arrested for allegedly threatening to kill Donald Trump at the president-elect's inauguration. He said his mother, Sonia Morales Puopolo, was a passenger on American Airlines Flight 11 and sat near hijacker Mohamed Atta. (more...)
Safran Takeover of Zodiac Aerospace Revealed in $9B Bid
- January 20, 2017

French aero engine maker Safran today launched a $9 billion agreed bid for seats manufacturer Zodiac Aerospace to create the world's third-largest aerospace supplier as the industry bulks up to tackle record high output plans. This potential deal is the latest in France just months before the Presidential election in April and May this year. Zodiac Aerospace is controlled by a group of families that owns 23.8% of the stock and 36.6% of the voting rights and an arm of the Peugeot ... (more...)
Kinder Morgan beats Street 4Q forecasts
- January 20, 2017

Kinder Morgan , Inc . (NYSE:KMI): The mean short term price target for Kinder Morgan , Inc . Based on its review of the data, FERC said it estimates NGPL's return on equity for those calendar years to be 28.5 percent and 20.8 percent, respectively. (more...)
Bank of Canada leaves key interest rate at 0.5 per cent Bank of Canada leaves key interest rate at 0.5 per cent
- January 19, 2017

CIBC forecasts Canada's real GDP growth at 1.8 per cent in 2017 and 2.0 per cent in 2018. The dollar was up about 0.7% as measured by the Bloomberg dollar index, extending gains after the Beige Book noted a tight job market and somewhat intensified pricing pressures. (more...)
United States ends immigration amnesty for Cubans United States ends immigration amnesty for Cubans
- January 14, 2017

The executive order states that Cubans trying to get illegally into the U.S. and does not qualify for human aid will be subject to be returned according to the US laws. But President Obama is trying to continue the thawing of relations with Cuba in his final days of office. The tightening of US-Cuba ties that started at the end of 2014 spurred a surge of immigrants in the past couple of years. (more...)
United States files WTO complaint on China's subsidies to aluminum producers United States files WTO complaint on China's subsidies to aluminum producers
- January 14, 2017

The Obama Administration announced Thursday it took the action to address USA concerns that China's subsidies are artificially expanding Chinese capacity, production and market share and causing a significant decrease in the global price for primary aluminum. (more...)
Mexico's peso hits record low on Trump talk of wall, auto tax
- January 12, 2017

But I don't want to wait. "(Vice President-elect) Mike Pence is leading an effort to get final approvals through various agencies and through Congress for the wall to begin", Trump explained. You don't like to report that... "But I don't want to wait". Remember, I said Mexico's paying for the wall with the full understanding that the country of Mexico will be reimbursing the United States for the full cost of such a wall. (more...)
VW just fixed the biggest problem with its most important auto
- January 11, 2017

Engineered specifically to meet the needs of American customers, the all-new Tiguan builds on the current vehicle's fun to drive character and adds a more sophisticated and spacious interior, flexible seating and high-tech infotainment and driver assistance features. (more...)
Twitter Suspends Martin Shkreli For Harassment Twitter Suspends Martin Shkreli For Harassment
- January 10, 2017

On Thursday, he sent her an invitation to attend the presidential inauguration as his guest, which Duca vigorously rejected . The second screenshot showed Shkreli's Twitter background image: a montage of photos of Duca and text that said, "For better or worse, til death do us part, I love you with every single beat of my heart". (more...)
Petrol pumps defer decision on refusing card payments until January 13
- January 09, 2017

The All India Petroleum Dealers' Association has also written to Union Finance Minister Arun Jaitley, saying, "HDFC and other banks had put the MDR charge in which the dealers will sustain a loss, as these charges will not be passed to consumers". (more...)
Kim Kardashian flashes peace sign in snap with Kris Jenner Kim Kardashian flashes peace sign in snap with Kris Jenner
- January 06, 2017

Kim kept her make-up to a minimum while opting exclusively for a thin black eyeliner and nude glossy lip. On Tuesday, the 36-year-old reality star took to both her Twitter and Instagram to share an adorable family photo. The film is set to singer Jeremih's song Paradise, which includes lyrics such as "Oh I knew life would be alright, but who could've known it'd be this good?" and "Oh and they tell me it gets better, better, better, this is more than life, this is paradise". (more...)
$6 Million NYE Jewelry Heist: Thieves Targeted Midtown Business Just Before Midnight $6 Million NYE Jewelry Heist: Thieves Targeted Midtown Business Just Before Midnight
- January 04, 2017

Speaking to the New York Post , one employee said: 'It's weird to me that they randomly tried that floor in this building. One of the suspects did not wear a face mask and looked directly into the camera before the men smashed it with a hammer upon entering the store (see above photo). (more...)
Pending home sales drop to 10-month low in November
- December 30, 2016

For 2017, NAR is forecasting that existing-home sales will increase about 2% to an annual pace of around 5.52 million. On the downside, Qualcomm (QCOM) declined after being fined $854 million by the Korean Fair Trade Commission for unfair business practices. (more...)
Tree recycling event helps preserve the environment Tree recycling event helps preserve the environment
- December 29, 2016

All temporary Christmas tree drop-off locations that were available in years past are permanently closed. City of Tulsa mulch site, located at 2100 N. 27 and Jan, 20, the city is offering free tree recycling. Dead trees do, in fact, create wildlife habitat for wood-dwelling insects and fungi, and occasionally for amphibians, reptiles, birds and mammals, depending on the stage of decay, type of tree and its location. (more...)
Detroit Lions vs Dallas Cowboys: prediction, preview, pick to win Detroit Lions vs Dallas Cowboys: prediction, preview, pick to win
- December 29, 2016

Should Darren McFadden, last year's leading rusher for Dallas, get more carries in relief of rookie National Football League rushing leader Ezekiel Elliott because the nine-year veteran just returned from an offseason elbow injury? Jason Garrett gets all the credit in the world for this big win. (more...)
Home prices rise 5.1% in October Home prices rise 5.1% in October
- December 28, 2016

For the second straight month, the Seattle area has topped the nation in home-price growth, even during what is normally a slow time of year for home sales . Before seasonal adjustment, the month-over-month National Index showed a gain of 0.2%, the 10-City Composite was unchanged and the 20-City Composite posted rose 0.1%. (more...)
Modi defends changes in demonetisation rules, says govt sensitive to feedback
- December 26, 2016

Sins of benami properties would not have happened had the law been implemented", he said after the inauguration of Pune metro. He also said that this is just the beginning of our fight against corruption. He had then promised to restore normalcy by the end of the year, but long queues have stayed outside low-on-cash banks and ATM kiosks. "To counter these new offensives, we too have to devise appropriate new responses and antidotes", Modi said. (more...)
Iran signs multi-billion dollar deal with Airbus for 100 aircraft
- December 26, 2016

The first jet, an Airbus A321 already painted in IranAir livery, may arrive before the January 20 inauguration of President-elect Donald Trump, who has opposed an global deal to lift sanctions in return for curbs on Iran's nuclear activities. (more...)
United Kingdom third quarter GDP growth revised up to 0
- December 25, 2016

The latest data suggested that the economy's dependence on consumer spending was greater than first thought in the three months to September as it offset a markedly worse picture for trade. It is still a good indicator, with the boost coming from soybeans exports. Sterling weakness is yet to boost exports with net trade sharply negative. (more...)