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News & Updates

June 17, 2015 Fed eyes mixed bag of data as new rate 'regime' nears

Source: Reuters

The U.S. Federal Reserve is meeting with the possibility of an interest rate hike squarely on the table, but with a different issue center stage: Is the worst of 2015 over?

June 17, 2015 European Stocks Lower Amid Greek Default Risk--Update

Inside Fidelity - The îStoxxî Europe 600 was 0.3% lower midmorning. Germany's DAX-30 was down 0.3% while France's CAC-40 lost 0.7%. Strategists said that as well as ongoing jitters over Greece, investors were likely...

June 16, 2015 Euro Falls First Time in Three Days as Greece Standoff Worsens

Source: Bloomberg

The euro fell for the first time in three days against the dollar amid concern time is running out for Greece to secure a bailout.

June 16, 2015 Janet Yellen's Prediction Last Month Is Already Being Vindicated

Source: Bloomberg

The Fed will take a pass at this meeting and leave market participants debating whether the first rate hike will come in September or December

June 16, 2015 China Stocks Lead Asia Lower Amid Fed, Greece Concern; Yen Slips

Yahoo Finance - Standard & Poorâs 500 Index futures dropped 0.4 percent by 8:22 a.m. in London, and the îStoxxî Europe 600 Index fell 0.5 percent. The euro added 0.4 percent as the rate on 10-year Spanish...

June 15, 2015 What Investors Need to Know as Saudi Stocks Open Up to the World

Source: Bloomberg

Saudi Arabia is opening one of the world’s most-restricted stock markets to foreigners for the first time on Monday. The move comes as the biggest economy in the Middle East seeks to reduce its reliance on oil income, which...

June 15, 2015 Stock futures point to losses after more failed Greek talks

stream.marketwatch.com - Greece-worry redux: Losses for the îStoxxî Europe 600 weighed on stock futures. Europe stocks fell 1%, as Greeceâs Athens Composite sank 5% and the yield on Greeceâs 10-year bond...

June 15, 2015 Fed meeting should leave a Final Four of dates for rate hike

Source: MarketWatch

WASHINGTON — Federal Reserve Chairwoman Janet Yellen and most of her colleagues are insistent that they plan to raise interest rates this year. So markets will be focused on this week’s U.S. central bank’s policy meeting for...

June 15, 2015 U.S. gas prices rise but appear to be peaking -survey

Source: Reuters

The average price of regular grade gasoline rose by 3 cents over the last two weeks, the smallest gain in more than two months of steady increases, according to the Lundberg survey released on Sunday.

June 15, 2015 RPT-EU Commission says Greek proposal incomplete, euro ministers to decide

Source: Reuters

Last-ditch talks between Greece and the institutions representing its creditors did not succeed in securing a deal on Sunday, leaving a final decision on a possible default to euro zone finance ministers, the European Commission...

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