Written by Gary
Late afternoon trading brought the averages back up near the unchanged line, but on very low volume. The global issues that we had this morning still exist and are not likely to go away tomorrow.
Investors remain skittish amid concerns about a Greek default, a tumble in Chinese shares and an unexpected rise in weekly U.S. jobless claims.
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by Andreas Fuster, Basit Zafar, and Micah Smith - Liberty Street Economics, Federal Reserve Bank of New York
The Federal Reserve Bank of New York today released results from its 2015 SCE Housing Survey. The survey, administered to 1,205 U.S. household heads in February, is a follow-up to the one conducted in February 2014. The purpose of the effort is to collect rich and high-quality information on consumers' experiences and expectations regarding housing. The survey collects data on individuals' perceptions and expectations of the growth in home prices, intentions regarding moving or buying a new home, and their access to credit, among other things.
Infographic Of The Day: An Introduction To Bed Bugs
Bedbugs are small, oval, brownish insects that live on the blood of animals or humans.
FOREX NEWS by DailyForex
Investors, speculating that interest rates in the United States are likely to rise higher this year, helped to push the U.S. Dollar to a multi-year peak versus the Japanese Yen.
The totally anonymous “numbered Swiss bank account” much beloved by authors of crime fiction as the ultimate repository for hiding one’s ill-gotten gains may itself, have its days numbered.
Australia released its business capital expenditure (CAPEX) report Thursday and it wasn’t promising.
The US Dollar eased back versus the Japanese Yen and the Euro after a short bout of investor profit taking which came in the wake of improved US data. That economic data had gone a long way to help restore some waning confidence in the greenback.
It is fairly certain that Shakespeare’s Romeo was not thinking of Britain’s wished for changes in her relationship with the European Union, but the fact remains that the UK is saying very little about what it wants to change before a planned “in/out” referendum to be held before the end of 2017.
28May2015 Market Update: Opening Market Commentary: Markets Trending Downwards As Investor Concerns Escalate Over China, Europe And Greece
by Andre Spicer, The Conversation
'If you ain't cheating, you ain't trying' were the words of one trader working in the foreign exchange market. They belie an attitude that was widespread among traders in this market between 2009 and 2013. Cheating was simply a normal part of a trader's day job. In fact, not cheating would be to shirk your duties.
Written by Gary
Afternoon markets have been sea-sawing along the morning resistance lows accompanied with lower highs on each swing upwards. Investors see more downside as another day of conflicting statements on Greece's long-running debt talks with international creditors creates sour investor sentiment.
from Sentier Research
According to new data derived from the monthly Current Population Survey (CPS), median annual household income in April 2015 was $54,578, about 0.6 percent higher than the March 2015 median of $54,259. The Sentier Household Income Index for April 2015 was 96.0 (January 2000 = 100).