by Philadelphia Fed
For small banks, both nationally and regionally, commercial and industrial (C&I), real estate, and consumer loan totals increased by double-digit rates from the first quarter of 2014. For large U.S. banks, C&I lending increased from 2014, and real estate lending stalled. With net interest margins holding nearly constant, the increased loan activity boosted banks' profitability.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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by Atlanta Fed
As the U.S. economy continues to strengthen, household finances are also on the mend. Yet despite this modest improvement, sizable pockets of the population remain financially vulnerable, according to a recent report from the Federal Reserve Board of Governors.
Infographic Of The Day: Craft Beer Pubs Of London
This infographic takes an overview of the area of craft beers in the UK and specifically highlights craft beer pubs in London where an enjoyable time can be spent tasting the relevant beers on offer.
FOREX NEWS by DailyForex
Good news may be in store at the pump before the July 4th weekend as oil prices dropped on Friday amid reports that an oversupply of the crude remains on U.S. oil rigs.
A surprise rate cut by Riksbank sent the Swedish Krona nearly 1% lower against its key rival, the common currency Euro.
Tomorrow, Friday, 3rd July, is a major public holiday in the U.S.A. This year, the 4th of July is effectively the 3rd of July, 2015. Find out how this affects Forex trading and when the markets will be closed here.
Now that Greece has missed a repayment worth about 1.5 billion euros ($1.7 billion) that was due on Tuesday to the International Monetary Fund (IMF), all eyes are focused on the future of the euro and its impact in the international arena.
In the wake of Greece’s default on a loan from the IMF, the common currency Euro has remained under broad sell pressure. Though investors were hopeful for a distraction, the latest economic releases failed to provide any material support.
by EconMatters, EconMatters.com
Greece missed a payment to the The International Monetary Fund (IMF) of about 1.5 billion euros, or $1.7 billion, on Tuesday which officially put the country in the ranks of Sudan, Somalia and Zimbabwe.
Online Trading Academy Article of the Week
by Brandon Wendell, Online Trading Academy
Students often ask me about how I use the popular Relative Strength Index (RSI) technical indicator in my trading. I want to stress that my entries and exits for trades are triggered by price action and I use the core strategy taught at Online Trading Academy in my own trading. The indicators I use are simply an odds enhancer or a support tool.
02Jul2015 Market Close: Markets Close In The Red, Bond Prices Up, WTI Oil Down, Have A Happy Weekend
Total Fed Balance Sheet:
Fed's Balance Sheet week ending balance sheet was $4,440 trillion..