Rose


 

July export prices rose 0.4% vs a 0.1% rise in import prices. Import prices in July posted an as-expected 0.1 percent increase as petroleum was up 0.7 percent in the month.

boost export finished import July month On petroleum rose year

 

NAHB: Builder Confidence increased to 68 in August [0.19]

Posted on Aug. 15, 2017, 2:16 p.m. by Calculated Risk @ [source]

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in August, up from 64 in July.

Builder confidence in the market for newly-built single-family homes rose four points in August to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Association August builder HMI home index market National rose sales

 

Dick's Sporting Goods shares plummeted more than 18 percent Tuesday morning after the sporting goods retailer missed Wall Street expectations and lowered its 2017 outlook.

Pittsburgh-based Dick's had hoped to benefit from rivals' bankruptcies, including those of City Sports and Sports Authority, but competition from specialty retailers like Under Armour and Foot Locker remains a threat.

cents Dick retailer rose sales same Sporting Goods sports store Thomson Reuters

 

Home Depot Inc. (NYSE: HD) reported second-quarter 2017 results before markets opened Tuesday. The home improvement store posted diluted net earnings per share of $2.25 on revenues of $28.1 billion.

consensus EPS guidance Home Depot quarter results revenues rose sales store

 

LONDON: European shares rose in early deals on Tuesday, recovering further ground as geopolitical tensions eased in holiday-thinned trading.The pan-European STOXX 600 index was up 0.3 per cent, while blue chips gained 0.5 per cent.Britain's FTSE 100 rose 0.2 per cent, and Germany's DAX ticked 0.5 per cent higher. Italian and Austrian markets were closed for a holiday.Financials extended their gains from the previous session and were the biggest contributors to gains, having been hit particularly hard in the latter part of last week as tensions rose between the US and North Korea Danone led the food and beverage index higher, up 2.6 per cent after a media report that the activist fund Corvex Management owned a stake in the French yoghurt maker.Elsewhere, the German potash miner K+S dropped 3 per cent close to a four-month low after saying that it was unlikely to reach its 2020 earnings EBITDA target, blaming a slow recovery of potash prices.Retailer Next's shares fell 2.9 per cent after Berenberg cut its rating on the stock to "sell" from "hold".Earnings also spurred some moves, with fund supermarket Hargreaves Lansdown falling 1.3 per cent after reporting its full-year results.The European second-quarter earnings season is rolling to a close with 82 per cent of MSCI Europe firms having already reported earnings, according to Thomson Reuters data.More than 60 per cent have either met or beaten analysts' expectations.

cent earnings European higher holiday index rose shares tensions The

 

China CSI300 stock index futures for August rose 0.3 per cent, to 3,694.4, 11.80 points below the current value of the underlying index. The energy sub-index fell 0.3 per cent, and the healthcare sub-index fell 0.6 per cent.Shanxi Xishan Coal and Electricity Power Co fell 2.3 per cent, and Shanghai Pharmaceuticals Holding Co Ltd suffered a 3.2 per cent drop.

August cent China CSI300 fell futures index rose stock sub

 

Japanese stocks rebounded sharply on Tuesday morning and moved away from a three-month low hit on the previous day after Wall Street rallied as tensions between the United States and North Korea eased.The Nikkei share average jumped 1.4 per cent to 19,817.30 in midmorning trade, after falling 1.0 per cent on the previous day to hit the lowest closing level since May 2.US officials on Sunday played down the risk of an imminent war with North Korea. Dai-ichi Life Holdings rose 2.1 per cent, while T&D Holdings and Mitsubishi UFJ Financial Group rose 2.3 per cent each.Tracking strength in US technology shares, Japanese chip-related companies such as Advantest Corp and Tokyo Electron gained 2.1 per cent each.Automakers were also in demand, with Toyota Motor Corp rising 1.8 per cent, Nissan Motor Co adding 2.0 per cent and Subaru Corp climbing 1.6 per cent.The value of the yen, which is a big driver of the market given the high number of exporter stocks, also underpinned trading.The dollar rose 0.5 per cent to 110.18 yen, pulling further away from a near four-month low of 108.72 yen set on Friday.The broader Topix gained 1.3 per cent to 1,620.33.

cent Corp hit Japanese month North rose stocks The yen

 

TOKYO: Japanese stocks rebounded on Tuesday, snapping a four-day losing streak and moving away from a three-month low hit on the previous day after Wall Street cheered easing tensions between the United States and North Korea eased.The Nikkei share average rallied 1.1 per cent to 19,753.31, after falling 1.0 per cent on the previous day to hit the lowest closing level since May 2.US officials on Sunday played down the risk of an imminent war with North Korea. Sompo Holdings rose 2.2 per cent, Mitsubishi UFJ Financial Group rose 1.7 per cent and Mizuho Financial Group added 1.4 per cent.Tracking strength in US technology shares, Japanese chip-related companies such as Advantest Corp advanced 1.4 per cent and Tokyo Electron gained 1.9 per cent.Automakers were also in demand, with Toyota Motor Corp rising 1.5 per cent, Nissan Motor Co adding 1.8 per cent and Subaru Corp climbing 1.2 per cent.The value of the yen, which is a big driver of the market given the high number of exporter stocks, also underpinned trading.The dollar rose 0.7 per cent to 110.35 yen, pulling further away from a near four-month low of 108.72 yen set on Friday.The broader Topix gained 1.1 per cent to 1,616.21.

cent Corp four hit Japanese month rose stocks The yen

 

Tesla's market-crushing performance this year will continue, according to one Wall Street firm.

The analyst reiterated his outperform rating and raised his price target for Tesla shares to $411 from $368, representing 15 percent upside from Friday's close.

car Kallo market Model Musk reach rose shares Tesla vehicles

 

World stocks rose on Monday, attempting to recover after fears of a U.S.- nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen.

Those gains were led by bounces in Australia, Hong Kong and South Korea while MSCI's world index rose 0.2 percent.

data Euro gain Japan Japanese lows month rose shares yen

 

Meanwhile, Asian stocks bounced back after three losing sessions, although broader sentiment was tempered by continued tensions between the United States and North Korea.

Meanwhile, figures for the Index of Industrial Production (IIP), released by the government on Friday, showed national factory output contracting by 0.1%, a 48-month low, as compared to the 2.7% rise seen in the previous month of May.

bank crore quarter growth index market profit Rs reported rose Rs crore stock

 

For the first time in a long time, CME Fedwatch shows the odds of a rate cut in December rose considerably above zero.

Yes, that’s a long shot, but cut odds were zero on Thursday, zero a week ago, and zero a month ago.

ago CME cut December FedWatch hike odds rate rose shows

 

According to OPEC, global OECD oil inventories fell 22 million barrels in June to end at 3.033 billion. Production in Saudi Arabia rose by 32,000 b/d to 10.067 mmbd, which is above its production ceiling, according to secondary sources.

barrel build demand implies inventories July oil OPEC production rose

 

Both the S&P BSE benchmark Sensex and NSE 50-share Nifty snapped their 5-week winning streak by tumbling 1,112 points and 356 points respectively due to profit-booking from investors in view of global tension amidst foreign capital outflows.Anupam Singhi, COO, William O'Neil India said," Trading restrictions announced by SEBI on 331 entities suspected to be shell companies affected the sentiment".There was no respite for the market , as North Korea's warning on a possible missile strike on the US Pacific territory of Guam, spooked the global markets The Nifty started the week at 10,074.80 and traded in the range of 9,685.55-10,088.10. The S&P BSE Mid-Cap index tumbled by 710.68 points or 4.60 per cent to settle at 14,726.27.

BSE cent Nifty Q1 June rose Rs crore Sensex share Tata The

 

The broad-based major European indices closed lower in Friday's trading session, as falling mining stocks and banks burdened the markets. Antofagasta Holdings closed 2.3% lower.

bank consumer index July June lost lower product rose year

 

Inflation is Still Low [0.12]

Posted on Aug. 11, 2017, 4:01 p.m. by Crossing Wall Street @ [source]

This morning we got the CPI numbers for July, and they show that inflation is still quite low.

The decline during March was a clear outlier but the four following months haven’t seen much an in uptick.

core CPI decline headline inflation July morning numbers rate rose

 

According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.0% annualized rate) in July. The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics' (BLS) monthly CPI report.

annualized Cleveland CPI July measures median rate rose trimmed mean year

 

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 1.7 percent.

consumer CPI energy food forecast index items months rose Urban

 

Volatility spread across asset classes on Thursday, as the CBOE volatility index spiked to its highest level since May, gold prices rose to two-month highs and all major U.S. equity indices closed lower, with the S&P 500 falling by 1.45 percent.

Investors ought to begin positioning themselves for this heightened volatility and anticipate a continuation of "selling pressure within the equity markets," in the coming months, said Chad Morganlander, portfolio manager at Washington Crossing Advisors.

equity Gold investors market month portfolio rose side Thursday volatility

 

Volatility spread across asset classes on Thursday, as the CBOE volatility index spiked to its highest level since May, gold prices rose to two-month highs and all major U.S. equity indices closed lower, with the S&P 500 falling by 1.45 percent.

Investors ought to begin positioning themselves for this heightened volatility and anticipate a continuation of "selling pressure within the equity markets," in the coming months, said Chad Morganlander, portfolio manager at Washington Crossing Advisors.

equity Gold investors market month portfolio rose side Thursday volatility