Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 8.1 percent to $431 per 20-foot container (TEU) in the week ended on Friday,
Steve Harvey killed it in syndicated ratings for the week ending January 24, with a little help by a dissed Miss Universe and her first runner-up who appeared on Harvey’s talker Steve Harvey. Harvey-hosted Family Feud also hit its highest...Show More Summary
The stock market rallied like a madman at the end of the week and bonds were also in rally mode for most of the week. The question is where the liquidity will come from to sustain a double barreled rally. Negative interest rates are not a genie in a bottle. Show More Summary
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 per 20-foot container (TEU) in the week ended on Friday,
Succinct Summations for the week ending January 22nd, 2016 Positives: Existing home sales came in at a 5.46mm annualized rate, up 14.7% m/o/m. MBA mortgage applications composite rose 9% w/o/w. Bloomberg’s consumer comfort index came in at 44, down just slightly despite the lousy January for stocks. Show More Summary
The NFL postseason continues to be a ratings juggernaut for every network, and this week the highlight was the Denver Broncos' narrow 23-16 victory over the Pittsburgh Steelers to end the Divisional Round weekend. According to Michael...Show More Summary
A super year for the VLCCs behind us which ended at earnings Meg/East close to $100k/day, says Fearnleys Week. The new year has started somewhat slower and rates ex Meg are off the peaks,
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 115 percent to $1,232 per 20-foot container (TEU) in the week ended on Friday,
Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 2.7 percent to $573 per 20-foot container (TEU) in the week ended on Friday,
With recent JPY strength not helping, last week ended on a down-note for Japan as its jobless rate ticked up from 3.1% to 3.3% (the biggest rise since January) and Household spending collapsed. However, as the last week of the year begins,...Show More Summary
Dec 24 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Thursday primarily on improved rates for large vessels. The overall index, which gauges the cost of shipping cargoes including iron ore, cement, grain and coal, gained three points, or 0.63 percent, to […] .
This is a short week with the Christmas holiday rapidly approaching. With many traders being on vacation for the holidays, we will most likely see additional volatility through the end of this year. Next week will be a short holiday week as well. Here are some of the economic indicators scheduled to be released this […]
The Federal Reserve doesn't want to be blamed if Americans end up paying more for new mortgages in the coming weeks. Interest rates normally rise when the Fed increases its main policy rate. Last week, just hours after the Fed raised...Show More Summary
For a long time, Wall Street was focused on rates, and when the Federal Reserve would put an end to the zero interest rate policy era. Now the focus is switching to another R-word: recession. The Fed finally hiked last week, but even...Show More Summary
Succinct Summations for the week ending December 18th, 2015 Positives: Liftoff! They raised the Federal Funds rate, ending six plus years of ZIRP. Housing starts rose 11% in November to 1.173mm SAAR, up from 1.06mm previously. Bloomberg’s consumer comfort index rose for the second straight week. Jobless claims came in at 271k, down from 282k...Read More
Dec 18 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday after reaching an all-time low on Wednesday. The overall index rose 6 points, or 1.27 percent, to 477 points, helped by steady demand for bigger shipping vessels. The index, which gauges the […] .
In the end, Federal Reserve Chair Janet L. Yellen had almost no choice. For weeks she and her colleagues had given such loud and clear signals of an imminent rate interest hike that there was near-universal agreement on Wall Street that the historic action would be taken Wednesday. Financial markets...
Submitted by Adam Taggart via PeakProsperity.com, Grant Williams returns this week to set the context for this week's FOMC meeting, where the Federal Reserve is widely expected to hike interest rates for the first time in nearly a decade. Show More Summary
Tim Duy: The Federal Reserve is set to raise interest rates this week for the first time since 2006. The final days of the zero interest-rate policy known as ZIRP are upon us; the end is here. But the end...
The Federal Reserve is widely expected to raise its benchmark interest rate this week for the first time in nearly a decade, marking the end of the central bank’s emergency response to the financial crisis but raising new questions about its next steps. The Fed dove into uncharted territory in 2008 when it took its […]