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Benzinga Market Primer: Tuesday, August 13: Futures Higher On Japan, Eurozone
Tuesday, August 13, 2013 - 6:43am | 1146Futures Higher On Japan, Eurozone U.S. equity futures traded higher overnight on reports out of Japan and the eurozone. Japan may look to cut corporate taxes following the weak GDP print Monday and eurozone data showed improvement early Tuesday, both acting as factors in the early morning rally....
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Weekly Preview: Earnings Season Wanes As Economic Data Comes Into Focus
Friday, August 9, 2013 - 4:15pm | 1926Next week, economic data rises to the fore as key reports from around the globe come into focus. Domestically, industrial production, retail sales data, and the Reuters/University of Michigan Consumer Sentiment Survey will be in focus. Key Earnings In the coming week, the earnings calendar...
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World Markets Lower – Blame The Fed
Wednesday, August 7, 2013 - 12:02pm | 486What does it mean when you have a U.S. equity market that sold off Tuesday, futures down Wednesday, the Nikkei down four percent Wednesday, weaker dollar and weaker gold? The same thing as last time: the Fed is, once again, floating the tapering talk. The traders’ playbook is relatively...
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Benzinga Market Primer: Thursday, June 27
Thursday, June 27, 2013 - 6:30am | 1098Futures Tick Higher On Better Eurozone Confidence Data U.S. equity futures rose marginally in early pre-market trade following better than expected confidence data in the eurozone and a strong day Wednesday on the "tapering of the tapering" trade as investors fear tapering is further off given...
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Minneapolis Fed President Naryana Kocherlakota Issues Statement Mid-Day Unexpectedly, Supports Continued Easy Policy
Monday, June 24, 2013 - 12:54pm | 735Minneapolis Fed President Naryana Kocherlakota issued a statement unexpectedly Monday, announcing his views that recent Fed communications have not been clear enough. He fully supports continued easing and argued that the FOMC has not done enough to quell rate hike fears. Asset Purchases...
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Weekly Preview: Economic Data Takes Center Stage In Earnings Lull
Friday, June 21, 2013 - 4:02pm | 2294Next week, key economic data points will be the focus of markets as the end of quarter earnings lull comes to an end. However, a few key earnings reports are expected and could also move markets. Key Earnings Earnings from key companies next week including Lennar (NYSE: LEN), General Mills (NYSE:...
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Weekly Preview: Non-Farm Payrolls, Global Central Banks in Focus
Friday, March 29, 2013 - 2:44pm | 937Next week, investors eyes will be on the economy as well as some key company earnings as markets attempt to continue to make new highs. In the past week, the S&P 500 Index breached its previous closing high of 1,565.40. Investors now look to economic indicators as to the next move for markets...
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Benzinga Market Primer: Tuesday, February 26
Tuesday, February 26, 2013 - 7:33am | 958Futures Rise After Losses, Italian Elections U.S. equity futures gained in the pre-market after massive losses Monday following the turmoil over the Italian elections. It appears as though no majority will be formed and that Italians will need to go back to the polls to try to elect a majority...
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Benzinga Market Primer: Monday, February 25
Monday, February 25, 2013 - 7:18am | 860Futures Rise Despite U.K. Downgrade, Weak China Manufacturing Data U.S. equity futures rose slightly in pre-market trading despite the downgrade of the U.K.'s sovereign credit rating to Aa1 from AAA by Moody's. Also, the China HSBC Flash Manufacturing PMI for February was released at 50.4, weaker...
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Benzinga Market Primer: Tuesday, February 12
Tuesday, February 12, 2013 - 7:34am | 1007Futures Lower Following North Korean Nuclear Test U.S. equity futures declined in overnight trade as many Asian markets remained closed as North Korean tested its third atomic bomb in defiance of the U.N. South Korean authorities registered a 4.9 magnitude earthquake in its northern counterpart,...
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Benzinga Market Primer: Thursday, January 17
Thursday, January 17, 2013 - 7:33am | 998Futures Flat Ahead of Jobless Claims, Earnings U.S. equity futures were flat in early Thursday trade ahead of lots of economic data, including Initial Jobless Claims, and lots of earnings. The earnings data will truly set the tone before the open with many big banks set to report fourth quarter...
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Benzinga Market Primer: Monday, January 14
Monday, January 14, 2013 - 7:43am | 791Futures Rise on Chinese Strength, Stimulus Hopes U.S. equity futures rose slightly in early Monday trade following news out of China that Chinese authorities will now allow direct investment of foreigners in stocks, bonds, and other financial assets. The news is just another step in China's...
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Benzinga Market Primer, Tuesday November 27
Tuesday, November 27, 2012 - 7:23am | 911Futures Flat on Greek Deal U.S. equity futures were flat in early Tuesday trade as the Troika of lenders reached an agreement to disburse Greece's latest bailout tranches and give the nation more time to repay its bailout loans. Ministers agreed to cut the interest rate Greece has to pay on its...
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Fed's Rosengren, Lockhart and Williams Argue for Continued Fed Action
Friday, November 2, 2012 - 3:58pm | 756Three Federal Reserve members spoke about monetary policy on Thursday and Friday. Eric Rosengren -- the head of the Boston Fed -- spoke on Thursday, as did Atlanta Fed Governor Dennis Lockhart. San Francisco Fed's Williams gave a speech on Friday. Lockhart and Williams are currently voting members...
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Benzinga Market Primer, Thursday September 20
Thursday, September 20, 2012 - 7:58am | 854U.S. equity futures slipped in early Thursday trading as global growth fears once again dominated markets. Despite massive amounts of new central bank liquidity, investors remain skeptical that the global economy can rebound to post-financial crisis levels. HSBC released their Chinese Manufacturing...