Page 38 - Philly Fed News Today

FTSE 100 down 47 points at 7,310 BAE Systems buys Ball Corps aerospace arm for $5.55 billion Chinas property woes and hawkish US Fed weigh on equities...

Dow, S&P and Nasdaq opened higher but that didnt last 10-year Treasury yield jumps  Walmart raises guidance after strong second quarter 4:21pm: 10-year...

A Fed study suggests there is almost no risk financing rentals for investors, so why are Fannie and Freddie charging so much?

TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:30ET Weekly Jobless Claims, Philly Fed; 10:00ET Leading Index U.S PHILADELPHIA FED MANUFACTURING INDEX (AUG) ACTUAL: 12.0 VS -13.5 PREVIOUS; EST -10.2 TODAY’S HIGHLIGHTS: SF Fed reported US household excess savings will be exhausted by the end of this quarter World stocks

A top ranked economics and finance blog with a focus on the housing market

During the Asian session, a key report to watch will be the Australian employment report. Additionally, wholesale inflation data will be released in N

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A top ranked economics and finance blog with a focus on the housing market

Australian and New Zealand Dollars faced broad-based pressures in today's Asian session, as markets are gripped by risk-off mood. Hong Kong HSI is witnessing the most significant downturn, in the wake of the beleaguered Chinese property developer, Country Garden, halting trading on at least ten of its mainland bonds. This move has ignited broader decline in property-related stocks. Kiwi faces added burdens, stemming from lackluster services data signaling an intensified contraction in activ...

With Wall Street very confident that the Fed won’t be raising rates in September, the focus shifts to how strong is the economy and whether it is too robust and if that could sparking fear that inflation might reaccelerate.