An article published by Bloomberg News reported that the U.S. government stands poised for its first partial shutdown in 17 years at midnight tonight, after a weekend with no signs of negotiations or compromise from either the House or Senate to avert it. Republicans and Democrats in Congress say they don’t want a shutdown, though...
Read more
Daily Market Review- 27th September 2013
Fundamental News
Today’s highlights:
• French Consumer Spending (MoM) + French GDA (QoQ) (Fra; 07:45 GMT)
• KOF Leading Indicators (CH; 08:00 GMT)
• ECB President Draghi Speaks (EU; 10:00 GMT)
• Italian 10-Year BTP Auction (Ita; 10:10 GMT)
• German CPI (MoM) (Ger; 13:00 GMT)
• Core PCE Price Index (MoM) + FOMC Member Rosengren Speaks + Personal Spending (MoM) (U.S;...
Read more
Daily Market Review- 24th September 2013
Fundamental News
Today’s highlights:
• German Business Expectations + German Current Assessment + German Ifo Business Climate Index (Ger; 09:00 GMT)
• BBA Mortgage Approvals (GB; 09:30 GMT)
• Core Retail Sales (MoM) (Can; 13:30 GMT)
• CB Consumer Confidence (U.S; 15:00 GMT)
Federal Reserve Bank of Atlanta President Dennis Lockhart, who has backed the Fed’s $85 billion in monthly bond...
Read more
Weekly Market Review- 23rd September 2013
Consumer spending probably rose in August for a fourth consecutive month as demand for autos reached almost six-year high, economists said before reports this week. Purchases increased 0.3 percent after a 0.1 percent advance in July, according to the median forecast in a Bloomberg survey of 64 economists before Commerce Department data Sept. 27. Other...
Read more