Large Cut from OPEC Would Be 'Self-Negating', Says Goldman Sachs Nov 21, 2014 11:05AM

OPEC is expected to announce a modest production cut when it meets on November 27, said Goldman Sachs Commodities Research analyst Damien Courvalin. The report said a large cut would support prices but would also be self-negating in 2015.

"As we have discussed, we believe it is in OPEC’s interest to share the burden of balancing the oil market surplus with US shale oil production. This can only be achieved by reducing output at a modest pace at first to allow for low... (continue reading...)


China Cuts Benchmark Rate Amid Weaknening Growth Prospects; Markets React (FXI) Nov 21, 2014 06:48AM

Markets are active early Friday following news that China has cut its lending rate for the first time in two years, signalling that recent efforts to bolster its ebbing growth trajectory have failed to take hold.

The People's Bank of China (PBOC) said it cut its benchmark one-year loan rate by 0.4 points to 5.6 percent. The last cut was n July 2012.

The PBOC also trimmed its one-year deposit rate by 0.25 points to 2.75 percent. Banks were also given more flexibility in... (continue reading...)


Natural Gas Inventory -17 bcf vs -12 bcf Expected Nov 20, 2014 10:30AM

Natural Gas Inventory -17 bcf vs -12 bcf Expected

Traders are watching futures and ETFs like United States Natural Gas (NYSE: UNG).


UPDATE: Fed Officials Saw Need to Watch for Inflation Expectations to Drop - FOMC Minutes Nov 19, 2014 02:02PM

(Updated - November 19, 2014 2:02 PM EST)

Fed officials saw need to watch for inflation expectations to drop. Many saw limited impact from global slowdown.

UPDATE - The FOMC Minutes are below:

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, October 28, 2014, at 1:00 p.m. and continued on Wednesday, October 29, 2014, at 9:00 a.m.

PRESENT:Janet L. Yellen,... (continue reading...)


UPDATE: Fed Officials Saw Need to Watch for Inflation Expectations to Drop - FOMC Minutes Nov 19, 2014 02:02PM

(Updated - November 19, 2014 2:02 PM EST)

Fed officials saw need to watch for inflation expectations to drop. Many saw limited impact from global slowdown.

UPDATE - The FOMC Minutes are below:

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, October 28, 2014, at 1:00 p.m. and continued on Wednesday, October 29, 2014, at 9:00 a.m.

PRESENT:Janet L. Yellen,... (continue reading...)


More ETFs

View Older Stories

Nov 19, 2014 10:32AM UPDATE: Crude Inventory 2.6M Barrels vs -873K Expected
Nov 19, 2014 10:32AM UPDATE: Crude Inventory 2.6M Barrels vs -873K Expected
Nov 19, 2014 06:43AM Moelis & Company (MC) Prices 5.5M Common Offering at $31.75/Share
Nov 14, 2014 10:34AM Nat Gas Stockpiles Rose 40 bcf Last Week, Outpacing Views (UNG)
Nov 14, 2014 10:13AM Gold Names Active Following Economic Data (GLD) (GG) (ABX) (IAU)
Nov 13, 2014 02:02PM SPDR Gold Trust (GLD) Turns Negative
Nov 13, 2014 11:03AM UPDATE: Crude Inventory -1.735M Barrels vs 680K Expected (OIL) (USO) (UCO)
Nov 13, 2014 11:03AM UPDATE: Crude Inventory -1.735M Barrels vs 680K Expected (OIL) (USO) (UCO)
Nov 11, 2014 01:03PM Is an Energy Sector Bottom In?
Nov 11, 2014 11:44AM Gold Stocks, ETFs See Upside as the Metal Slips Lower (GLD) (KGC) (IAU)
Nov 7, 2014 11:02AM Uranium Stocks Gain as First Japanese Nuclear Plant Restart Approved (CCJ) (DNN) (URA)
Nov 7, 2014 09:50AM Eaton Vance (EV) Gains; Granted Exemptive Relief for ETF Offerings by U.S. SEC
Nov 7, 2014 08:34AM Change in Nonfarm Payrolls 214K vs 235K Expected; UE 5.8% vs 5.9%
Nov 6, 2014 10:30AM Natural Gas Inventory 91 bcf vs 85 bcf Expected
Nov 5, 2014 11:54AM Saudi Aramco can't confirm pipeline blast rumors - WSJ (USO) (OIL)
Nov 3, 2014 02:35PM WTI Crude Settles Below $80/Barrel for First Time Since June 2012 (OIL) (USO)
Nov 3, 2014 01:03PM Saudi Aramco Increases December Crude Prices to Asia (OIL) (USO) (FXI) (EWJ)
Nov 3, 2014 01:03PM Saudi Aramco Increases December Crude Prices to Asia (OIL) (USO) (FXI) (EWJ)
Oct 31, 2014 03:59PM U.S. Mint: Oct. Gold Coin Sales Highest Since January (GLD) (SLV)
Oct 31, 2014 11:46AM U.S. gasoline prices to fall below $3/gallon for first time since 2010 - Bloomberg (OIL) (USO)
Oct 31, 2014 10:13AM UPDATE: BoE Sets Leverage Ratio at 4.05% for Biggest U.K. Banks
Oct 29, 2014 03:08PM Gold Miners Hit Session Lows Following Fed (NEM) (GG) (ABX) (GLD) (GDX)
Oct 29, 2014 02:01PM Fed Ends Third Round of QE as Planned; Sees 'Solid Job Gains' with Lower Unemployment
Oct 29, 2014 02:01PM Fed Ends Third Round of QE as Planned; Sees 'Solid Job Gains' with Lower Unemployment
Oct 24, 2014 03:20PM Traders Place Bets Ahead of Brazil Elections (PBR) (VALE)
Oct 23, 2014 10:30AM Natural Gas Inventory 94 bcf vs 98 bcf Expected
Oct 16, 2014 01:13PM WTI, Brent Hit Session Highs (USO)
Oct 16, 2014 11:03AM UPDATE: Crude Inventory Grows 8.9M Barrels vs 2.3M Expected
Oct 16, 2014 07:11AM WTI crude falls below $80 for first time since June 2012 (OIL) (USO)
Oct 15, 2014 02:35PM Yellen Said to Voice Confidence in Expansion Amid Foreign Risks
Oct 15, 2014 02:35PM Yellen Said to Voice Confidence in Expansion Amid Foreign Risks
Oct 15, 2014 02:02PM Most Regional Fed Banks Saw Modest or Moderate Economic Growth - Beige Book
Oct 15, 2014 02:02PM Most Regional Fed Banks Saw Modest or Moderate Economic Growth - Beige Book
Oct 14, 2014 09:57AM IEA Lowers Oil Demand Outlook for FY14 on Economic Growth Outlook, Weak Recent Trend (USO) (OIL)
Oct 10, 2014 03:54PM VIX Poised to Close Above 20
Oct 10, 2014 03:35PM Dow Trades Nearly Flat in 2014 Following Recent Slump from All-Time High(DIA)
Oct 9, 2014 02:34PM WTI crude futures close 20% below June peak (USO) (OIL)
Oct 9, 2014 02:14PM Gold Rises Again as Traders Hedge Volatile Market (GG)
Oct 9, 2014 10:30AM Natural Gas Inventory 105 bcf vs 109 bcf Expected
Oct 8, 2014 02:17PM Gold Miners Gain Following FOMC Minutes (GG) (SLW) (ABX)
Oct 8, 2014 02:01PM Fed Officials Saw Global Slowdown Among Risks to U.S. Outlook
Oct 8, 2014 02:01PM Fed Officials Saw Global Slowdown Among Risks to U.S. Outlook
Oct 7, 2014 03:58PM Fed's Dudley Sees Mid-2015 Rate Hike as 'Reasonable'
Oct 7, 2014 03:58PM Fed's Dudley Sees Mid-2015 Rate Hike as 'Reasonable'
Oct 7, 2014 09:01AM IMF Cuts Global Growth Outlook for 2015 to 3.8%
Oct 6, 2014 07:52AM Petrobras (PBR), Vale (VALE), Others on Watch Following Brazil Elections
Oct 3, 2014 08:35AM Nonfarm Payrolls Expanded 248K in Sept., Outpacing Views on Services, Retail, and Health Care Gains
Oct 2, 2014 10:30AM Natural Gas Inventory 112 bcf vs 106 bcf Expected
Oct 2, 2014 07:47AM ECB Maintains Benchmark Rate at 0.05%; Deposit Facility Remains at (0.2%) (FXE)
Oct 2, 2014 07:47AM ECB Maintains Benchmark Rate at 0.05%; Deposit Facility Remains at (0.2%) (FXE)
View Older Stories