Beige Book

The U.S. Federal Reserve stated in its Beige Book that it expects price increases to generally moderate, just two weeks before the central bank is scheduled to hold its monetary policy meeting and likely hike interest rates by 75 basis points. The Federal Reserve pointed out...

The Japanese yen has breached the crucial 144-mark against the greenback in Asia trading on Wednesday as the dollar continued its rally ahead of the release of the U.S. Federal Reserve's "Summary of Commentary on Current Economic Conditions," popularly known as its ...

The Past Week, In A Nutshell What Happened: In an extension of the sharp rotation out of safety on a sustained economic rebound after the COVID-19 coronavirus pandemic, stretched sentiment propelled stocks to record closing highs. Remember This: “We are starting to see some extreme measures...

While a decent showing by big banks seems to be helping investor sentiment somewhat, a cloudy outlook for the coronavirus fight appears to be keeping potential gains in check. Goldman Sachs Group Inc. (NYSE: GS) hit the cover off the ball with earnings that handily topped analyst expectations and...

Macroeconomic events and releases move markets in varying degrees, with some possessing the potential to move markets in a big way, are termed as first-tier economic data. Meanwhile, there are others that are relatively inane and don't cause big swings in the market. Less market-moving...

The Federal Reserve's monetary policy setting arm, or the FOMC is set to sit across the table for one last time this year to deliberate on rates. It's sure an unenviable task, given the fine line central bankers have to tread in deciding the apt course of the monetary policy. A wrong move can...

Earlier this year, the U.S. Federal Reserve said it was expecting to increase interest rates before the end of 2015. However, as the year draws to a close, many analysts are beginning to push their predictions for a rate hike into next year. Economic data from the United States has been soft...

U.S. stocks were mostly higher as the Dow and S&P 500 closed the day at record highs. The Fed's Beige book contained positive commentary on improved employment with “widespread” gains across all 12 districts. Manufacturing activity improved in most districts along with...

Last week was bullish overall, but it reflected the year's lightest trading volume, and markets moved both up and down on small triggers. This week volumes are expected to rise; however, stability may not follow. This week brings data and events that could move the busier markets in volatile...

U.S. stocks rose as investors and traders find comfort in corporate earnings that continue to come in at better-than-expected levels. Although it's still very early in to earning season, Intel Corp. (NASDAQ: INTC) reported better-than-expected results and stronger-than-expected PC sales,...

U.S. stocks were moderately higher as the S&P 500 continues to reach new highs. Investors found plenty of positives after the Federal Reserve released its summary of commentary on current economic conditions, also known as the “Beige Book.” “All twelve Federal Reserve...

Earnings season kicks into full swing next week with many companies expected to report. Also, some key economic data and another two speeches from Fed Chairman Ben Bernanke will be closely watched. Key Earnings In the coming weak, earnings from key banks Citigroup (NYSE: C) and Goldman Sachs (NYSE...

Futures Lower on Weak U.K. Employment Data, Easing Fears U.S. equity futures declined in the pre-market following weaker than expected U.K. employment data which showed that the U.K. economy lost jobs unexpectedly in March. Also, fears over the massive global QE, specifically in the U.S. and Japan...

Futures Higher on Global Services Data U.S. equity futures rose in the pre-market after the Dow Jones Industrial Average posted a new all time closing high and on the back of stronger than expected services PMIs around the world. Notably, the ISM Non-Manufacturing Index in the U.S. beat...