US stock market future indexes pointed to a fractionally higher open (SPY +0.05%) this morning, extending strong gains from the prior session after the Federal Reserve raised interest rates, but struck a more dovish tone than expected.
Here is the current market situation from CNN Money
European markets are higher today with shares in Germany leading the region. The DAX is up 0.69% while London's FTSE 100 is up 0.51% and France's CAC 40 is up 0.48%.
Looking at the last three columns (below), the first one (Actual), is what was reported this morning. The second column (Forecast) is what analysts had forecast and the third column is the previous report. Full calendar HERE.
WASHINGTON (Reuters) - The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target.
SINGAPORE (Reuters) - The long cycle of falling interest rates in Asia could be over after the U.S. Federal Reserve's third rate rise in 15 months was followed quickly by monetary tightening in the world's second-biggest economy, China.
SAN FRANCISCO (Reuters) - Tesla Inc said on Wednesday it expects to raise about $1.15 billion from a stock and senior notes offering, an infusion of needed capital as the electric car maker enters pre-production of its upcoming Model 3 electric sedan.
(Reuters) - U.S. discount retailer Dollar General Corp reported a better-than-expected 13.7 percent increase in quarterly sales on Thursday, helped by higher spending at its stores driven by strong demand for home products.
CHICAGO/WILMINGTON, Del (Reuters) - When leading U.S. coal miner Peabody Energy Corp emerges from bankruptcy next month, a group of seven investment funds could reap hundreds of millions of dollars in gains from an unusual sale of discounted company stock.
With the focus overnight on the Rutte 'win' despite the surge in populist angst, and headlines from The Fed, PBOC, BoJ, and BoE sending global stocks to record highs, one might be forgiven for not noticing that Gold is surging (most since Brexit) following Janet's decision to raise rates for the 3rd time in 11 years - far outperforming other assets classes.
The Dollar continued to get pounded overnight as China unexpectedly tightened policy...
Gold the big winner (thogh WTI is rallying also on the heels of the tumbling dollar)
This is gold's biggest day since Brexit...
Gold is above its 50- and 100-day moving averages and $1225, and Silver is above $17...
Helped by the dollar and the news of the split vote (the first in 8 months) at th ...
One day after a package of explosives was discovered at the German finance ministry, moments ago French BFM TV reported, and Reuters confirmed , that a letter exploded when it was opened at the headquarters of the IMF, injuring one person according to police.
BREAKING: One person injured in Paris in explosion after opening an envelope at IMF offices - BFM TV pic.twitter.com/wiUJCxietj
— Reuters World (@ReutersWorld) March 16, 2017
BFM TV adds that an explosion took place following the opening of an envelope, injuring one person at 66, Avenue d'Iéna, the headquarters of the International Monetary Fund (IMF). The structure of the building is not damaged. The police are on location.
According to Bloomberg, a Paris police official says an envelope exploded leaving only one person with slight injuries. The official said police is investigating but the explosion is "nothing serious." Representatives at IMF Paris office weren't immediately available for comment.
"I have been informed about the explosion in the IMF's Paris office, which caused injuries to one of our staff,'' IMF Managing Director Christine Lagarde said in an e-mailed statement.
"I have been in touch with the office, and my compassion goes to the colleagues there. I condemn this cowardly act of viole ...
The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 240 K to 250 K (consensus 242,000), and the Department of Labor reported 241,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 236,500 (reported last week as 236,500) to 237,250. The rolling averages generally have been equal to or under 300,000 since August 2014.
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