Eagle Eye Opener
Eagle Eye Opener: U.S. Market Struggles to Recover in Early Trading from Weaker-than-Expected Retail Sales; Dow and S&P 500 Retain Investor Confidence to Hit All-Time Highs
The stock market is struggling to regain its upward momentum after trading down in early action this morning following weaker-than-expected U.S. retail sales.
Eagle Eye Opener: Official Minutes of Last Federal Reserve Meeting are Leaked; German and Korean Automakers Improve Sales in China
At least 12 U.S. banks, a Wall Street law firm, a hedge fund and a private equity fund received the official minutes of the Federal Reserve’s latest meeting a full day before the rest of the world, according to CNBC.
Eagle Eye Opener: PIMCO’s Gross Boosts Interest in 10-Year Treasuries; WTO Slashes Global Trade Growth Estimate
U.S. bond investors got a much-needed shot in the arm when their patron saint, Bill Gross, raised the allocation for U.S Treasury securities within his $289 billion PIMCO Total Return Fund. Gross upped his ante in 10-year bonds from 28 to 33 percent.
Eagle Eye Opener: Dollar Closes in on 100 Yen; JC Penny Boots CEO; Virgin Atlantic Adopts Two-Year Plan
The Japanese currency sell-off took a brief timeout today as the yen reached 99.67 per U.S. dollar, almost guaranteeing the buck will hit 100 yen before the end of the month.
Eagle Eye Opener: Japan’s Response to Stimulus Boosts Country’s Market; U.S. Unemployment Reports Hurts European Equites; Samsung Improves Profits
Japanese investors gave a resounding vote of confidence to the Bank of Japan’s (BOJ) aggressive stimulus plan yesterday, sending the Nikkei 225 up 4.7 percent.
Eagle Eye Opener: SEC Ruling May Help Facebook and Twitter; Asian and European Markets Dip; Chinese Economic Beauty Only Skin Deep
If you invest in either Facebook (FB) or Twitter (T), you should appreciate the Securities & Exchange Commission (SEC) decision late yesterday that lets businesses post their earnings on Twitter or via a status update on Facebook.