Breakfast Bites: Positive economic reports in the form of jobless claims data and leading indicators have trumped weaker than expected earnings from Apple to power the markets solidly into positive territory and through key resistance levels
Jobless Claims benefits in the U.S. unexpectedly dropped last week to a 5 year low, falling 5,000 to 330,000 in the week ending January 19th
Consumer confidence fell last week to -36.4, its lowest level in more than 3 months as concern about the U.S. economy probably a result of the 2 percentage point increase in the payroll tax, mounted.
Leading Indicators rose to 0.5% in December by the most in 3 months showing that the world’s largest economy is poised to keep growing through the first half of the year.
Apple reported fiscal first-quarter earnings that exceeded analyst expectations but revenue fell short of estimates and iPhone sales were...
The DTCC GCF Repo Index® is designed to track the average daily interest rates paid for overnight General Collateral Finance repurchase agreements (GCF- Repos ®) on U.S. Treasury, Agency and Mortgage-Backed securities. The DTCC GCF Repo Index®provides a transparent and comprehensive view of the overnight repo trading activity netted each day and settled as part of the clearing process for U.S. government securities trades. This transparency is utilized by dealers and investors to calculate the value of the securities held in their inventory and helps industry regulators conduct risk management oversight.
NYSE Liffe U.S listed a suite of new futures contracts based on the DTCC GCF Repo Index®, providing the marketplace with investment and risk management tools to manage a variety of market events including the volatility created by treasury auctions and mortgage backed security settlements that occur over the course of a calendar month.
Ahead of the Bell: Dow futures are trading up 5 points and S&P futures are trading down 3 points. China and Germany reported better than expected economic data, but weak iPhone sales from Apple Inc. is fanning doubts over global growth. Business activity in Germany and China surged in January, as improvements in financial markets are starting to have some positive effects. The tech sector will be in the spotlight today, after Apple reported disappointing 4th quarter results after the bell yesterday for the third straight quarter, following weak iPhone sales, on fears the company's dominance of the electronics sector is slipping.
On the economic calendar today, the Labor Department will release weekly jobless claims before the market opens, it is forecasted to be 360K compared with 355 from the week prior.
The latest research transforming the asset management industry
The latest research papers shaping the future of the asset management industry were presented at the 5th Annual Hedge Fund Research Conference, held on January 24-25 in the NYSE Euronext Office, Paris. With close to a hundred submissions from 50 universities in 15 countries, the 15 unpublished papers which will be presented during the conference were selected following a thorough screening process by a scientific committee of internationally respected academic professors.
Since its inception, this event has become a reference in the field of risk management and alternative investments research, now attracting the most reputable academics working on cutting-edge topics. Over the last 4 years, the “Annual Hedge Fund Research Conference” has thus been a platform for...
To mark the National Read Aloud Days 2013 author Milja Praagman opens the trading day at NYSE Euronext Amsterdam. The picture book ‘Nog 100 nachtjes slapen' of Praagman is named Picture Book of the Year 2013.
The Reading Association is the initiator of the National Read Aloud Days, and the CPNB is involved in the organisation of the event. This year's read aloud events will take place from Wednesday 23 January to Saturday 2 February. The objective of the campaign is to encourage adults to read to children who are still too young to read.