U.S. Jobless Claims Unexpectedly Fall to 259,000

  • September 21, 2017
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In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending September 16 decreased by 23,000 to a seasonally adjusted 259,000 from the previous week’s revised total of 282,000 (initially 284,000).

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US Treasurys higher after Fed suggests December rate hike

  • September 21, 2017
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The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was lower at around 2.2694 percent, while the yield on the 30-year Treasury bond was also lower at 2.8097 percent. As widely expected, the U.S. central bank said Wednesday it would begin trimming its massive holding of U.S. Treasurys and mortgage-backed securities

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Central Bank keeps rates steady, approves portfolio cuts in October

  • September 20, 2017
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The U.S. Federal Reserve left interest rates unchanged on Wednesday, but signaled it still expects one more increase by the end of the year despite recent weak inflation readings.

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3 key things to watch from the Fed meeting

  • September 20, 2017
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It will come as no surprise if the Federal Reserve has an announcement to make when its latest policy meeting ends Wednesday: That it’s ready to begin paring its enormous $4.5 trillion portfolio containing Treasurys and mortgage bonds. The Fed expanded its bond holdings — the major assets on its balance sheet — in the

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Fed Meeting to start

  • September 19, 2017
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U.S. central bank is poised to begin a two-day meeting. The Fed could announce plans to begin unwinding its $4.2 trillion portfolio of Treasurys and mortgage-backed securities.

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US housing starts slightly higher

  • September 19, 2017
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U.S. housing starts totaled 1.18 million in July, slightly above the expected 1.175 million. Meanwhile, U.S. import prices posted their biggest gain in seven months.

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Initial Jobless Claims Lower

  • September 14, 2017
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Initial Weekly Jobless Claims 284,000 vs. estimates of 300,000. Continuing Jobless Claims 1.944M vs. estimates of 1.985M.

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August Producer Price Index Holds Firm

  • September 14, 2017
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August Headline CPI YOY 1.9% vs. estimates of 1.8% Core CPI YOY 1.7% vs. estimates of 1.6%. CPI MOM 0.4% vs. estimates of 0.3%. Core CPI 0.2% vs estimates of 0.2%. Inflation is a little higher than expected and a frogs-hair away from 2.0%, which is a slight negative for pricing.

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Bank of England May Hike Rates Within Months

  • September 14, 2017
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BOE Holds Interest Rates Unchanged in 7-2 Vote.  The Bank of England ramped up its hawkish rhetoric Thursday, warning that an interest-rate hike could happen within months if the economy performs as officials expect.

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August Producer Price Index

  • September 13, 2017
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August Producer Price Index MOM 0.2% vs. estimates of 0.3% with Core PPI MOM 0.1% vs. estimates of 0.2%.  The PPI YOY 2.4% vs. estimates of 2.5% with Core PPI YOY 2.0% vs. estimates of 2.1%. This is a smidge lighter than expectations, but Core YOY did move up from July’s reading of 1.8% to August’s reading of

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