Rate Hike Expectations Surge Into March Fed Meeting As Divergent Market Participation Looms
What a difference a month makes. On February 19, the S&P 500 (SPY) was taking a brief rest from a sprint off oversold conditions. The market for Fed Fund Futures had priced away any rate hikes for all of 2016. Ever since then, expectations have risen ever higher. NOW, the market expects the next rate hike […]
UK Wages Rise 2.2% – GBP/USD Attempts A Recovery
UK wages were expected to rise 2% in January from 1.9% in December. Excluding bonuses, the figure was expected to rise from 2% to 2.1%. The unemployment rate was predicted to stay unchanged at 5.1%. Jobless claims for February were predicted to drop by 9.1K after a nice fall of 14.8K in January. GBP/USD was bouncing from the […]
Oil Pops After Lower-Than-Expected Crude Build
Against expectations of a 3.2mm build, API reported a 1.5mm build after-hours yesterday which sparked a modest pop in crude prices. Cushing saw its 7th weekly build (471k) as Gasoline extended its run of draws to the 4th week. API: Crude +1.5m Cushing +471k Gasoline -1.2m 5th weely crude build, 7th weekly Cushing build, but 4th weekly […]
Economic Theory And Practice: Bank Of Japan Says “-0.5% Is Theoretically Possible”
In an obvious attempt to boost the Japanese stock market the Bank of Japan discusses further cuts in its already negative interest rate policy. How deep is the rabbit hole? Supposedly it’s “theoretically possible for negative 0.5 percent”. Bloomberg reports Kuroda Says Minus 0.5% Rate Is Theoretically Possible for Japan. The Bank of Japan has quite […]
Fed Meets Today, Rates Expected To Remain Steady
The U.S. Federal Reserve meets today and is expected to hold interest rates steady as it considers ongoing concerns about the health of the global economy as fresh signs of domestic inflation are starting to appear. The Fed’s latest policy statement will be released at 2 p.m. EDT (1800 GMT) along with updated economic projections […]
OHA Reports Q4 And 2015 Results And Announces Quarterly Distribution
NEW YORK, March 15, 2016 (GLOBE NEWSWIRE) — OHA Investment Corporation (Nasdaq:OHAI) (the “Company”) yesterday announced its financial results for the quarter and year ended December 31, 2015 and announced a quarterly distribution of $0.06 per share. Management will discuss the Company’s results summarized below on a conference call on Wednesday, March 16, 2016, at […]
Trading PayPal – Call Or Put Options
PayPal Holdings Inc (Nasdaq: PYPL) stock has a 52-week trading range of $30 on the low end and $42.55 on the high end. At its current price, it is in the upper quadrant of its 1-year high, and looks to be holding relatively steady. However there are several important developments taking place with PayPal […]
Gold Trades In Narrow Range As Investors Awaits Fed’s Guidance
Gold prices fell for a third straight session on Tuesday and settled at $1232.36 an ounce as investors continued to trim bullish bets ahead of the Fed’s announcement. The XAU/USD pair tried to pass the 1238/5 resistance but the bulls run out of steam and as a result the precious metal bounced roughly between the […]
Data Dump, Fed Meeting Adds To Noise
The US markets are in for a busy day today with consumer inflation, housing starts and building permits data coming out ahead of the Federal Reserve’s monetary policy statement and press conference. Combined, the data is likely to add significant noise to the US Dollar. The Federal Reserve is expected to announce its monetary policy […]
5 Bank Stocks To Watch Ahead Of Fed Meeting
“Fed rate hike” – three magical words that have kept investors optimistic about the U.S. economy amid global headwinds such as growth issues in China, crashing commodity prices and volatile oil prices. While most of the economies have been loosening their monetary policies with Europe and Japan heading towards negative interest rates, the Federal Reserve’s […]
