FOMC

Europe had a busy day on the economic calendar Thursday with many market moving events adding to already negative sentiment emanating out of the U.S. and Asia. Better than expected manufacturing and services PMIs from the broad eurozone were offset by manufacturing weakness in Germany while a...

Futures Drop On China Growth Fears, Dollar Gains U.S. equity futures declined in early pre-market trade following a weak initial reading of manufacturing in China. The Flash HSBC Manufacturing PMI for June declined to 48.3 from 49.2 in May, with every internal figure showing negative signs for the...

The Federal Reserve's Federal Open Market Committee, the policy-setting group of economists, concluded their June meeting Wednesday. At the meeting, the FOMC decided to keep its QE program going at the current pace of $85 billion in purchases per month and views no rate rises until at least 2014....

A note from the equity strategy team at Credit Suisse this morning previewing the Fed decision this afternoon shockingly played down worries of the Fed tapering purchases and instead highlighted that China slowdown fears are well under-appreciated by the market. They are also less concerned with...

Free & Live Event: Join our very own Nic Chahine for a for a webinar tonight to discuss how to boost your weekly income using credit spreads. Click here to secure your spot now! Futures Tick Higher Ahead of Fed U.S. equity futures traded slightly higher ahead of the much anticipated Federal...

Futures Edge Higher In Calm Before the Storm U.S. equity futures rose slightly in pre-market trade Tuesday as investors eagerly awaited the FOMC decision and statement Wednesday. Monday trading was a whip-saw marked by a steep sell-off over tapering fears. Top News In other news around the...

Futures Gain On Fed Hopes U.S. equity futures advanced in early pre-market trade ahead of the much anticipated FOMC meeting this week, which concludes Wednesday. Despite recent fears of tapering, the Fed is expected to downgrade its economic forecasts near consensus economist forecasts which could...

Next week, the Fed's policy statement, updated forecasts and Press Conference with Chairman Ben Bernanke will be closely watched. Key earnings from companies including FedEx (NYSE: FDX), Micron Technology (NASDAQ: MU), and Oracle (NASDAQ: ORCL) will also be watched. Key Earnings Earnings from...

Futures Rise Heading Into the Weekend U.S. equity futures rose slightly in early pre-market trade heading into the weekend after a week marked by small moves in equities in both directions. Stocks look set to test all-time highs again in Friday's session if futures can hold gains into the open....

Futures Higher On Central Banks U.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state of the economy. Today, the European Central Bank is set to release its interest rate decision and...

Futures Higher Ahead of Key Economic Data, Earnings U.S. equity futures rose in early pre-market trade ahead of key earnings and economic data. The FOMC rate decision and policy statement is due out later today as well as the ISM Manufacturing Index and earnings from many key companies. Top News...

Futures Flat on Mixed Economic Data U.S. equity futures traded little changed in early pre-market trade following mixed global economic data. Mixed data out of Japan was followed by a flood of data out of Europe which continued to point to room for the European Central Bank to ease policy further...

Futures Rise With Global Shares U.S. equity futures rose in early trade Thursday as global shares gained on new stimulus rounds. Asian shares rallied and European shares gained for the third straight day as sovereign bond yields on peripheral nations declined. Top News In other news around the...

Futures Higher as Yen Slides, Eyeing FOMC Minutes U.S. equity futures rose in early pre-market trade Wednesday as the markets continued to react to Japan's easing policies. Later today, the minutes of the latest FOMC meeting will be released and markets will be focused on any language related to...

Futures Flat on Global Manufacturing Data U.S. equity futures were flat in early pre-market trade following manufacturing PMI's from both China and the eurozone. China's HSBC Flash Manufacturing PMI rose to 51.7 in March, reversing February's drop and easing fears of a renewed Chinese slowdown....