Crude Settles Up 5.2% Following Dip in Output (OIL) (USO) Apr 1, 2015 02:41PM

WTI crude settled 5.2 percent higher to $50.09 per barrel on the Comex. News comes following earlier reports that U.S. production fell last week.

According to the Energy Information Administration, output fell 36,000 barrels per day (bpd) to 9.39 million last week, compared to 9.42 million bpd reported in the prior week. Amid the drop in production, stockpiles rose 4.77 million barrels to 471.4 million, while the Street was looking for an increase of 4.2 million barrels


ECB said to raise ELA ceiling for Greek banks by EUR 70M - Bloomberg (GREK) Apr 1, 2015 02:40PM

ECB said to raise ELA ceiling for Greek banks by €700 million, according to Bloomberg headlines.


Crude Oil Inventories Rose 4.77M Barrels Last Week; Est. up 4.20M Barrels - EIA Apr 1, 2015 10:33AM

(Updated - April 1, 2015 10:33 AM EDT)

  • Crude oil inventories rise 4.77 million barrels, versus the consensus of 4.18 million.
  • Gasoline Inventories down 4.26 million, versus an expected drop of 0.862 million
  • Distillate Inventories up 1.33 million versus an expects drop of 0.0125 million.
  • Refinery Utilization 0.4% versus an expected 0.55%


U.S. March ISM Manufacturing Index Falls to 51.5% in March; Est. at 52.5% Apr 1, 2015 10:03AM (Updated - April 1, 2015 10:03 AM EDT)

U.S. March ISM Manufacturing index falls to 51.5 from 52.9 and the estimate of 52.5.

UPDATE - More from the ISM press release:

Economic activity in the manufacturing sector expanded in March for the 27th consecutive month, and the overall economy grew for the 70th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

The report was issued today by Bradley J. Holcomb, CPSM,... (continue reading...)


UPDATE: Markit US Manufacturing PMI 55.7 in March; Est. at 55.3 Apr 1, 2015 09:54AM (Updated - April 1, 2015 9:54 AM EDT)

Markit US Manufacturing PMI 55.7 versus and expected 55.3

UPDATE - More from Markit follows:

March data pointed to a positive month for U.S. manufacturing business conditions, with momentum building again after a slowdown at the turn of the year. This was highlighted by stronger rates of output and new business growth, alongside sustained job creation during the latest survey period. New export sales remained a source of weakness in... (continue reading...)


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Apr 1, 2015 06:45AM China PMI Turns Positive in March; Economists Remain Skeptical on Data (FXI)
Mar 31, 2015 04:39PM API Crude Inventory Increases 5.2M Barrels
Mar 31, 2015 12:09PM UPDATE: OPEC Boosts Output 1.6% in March; Nears Multi-Month Highs (USO)
Mar 31, 2015 10:47AM UPDATE: Some Large ETFs Halted on NYSE Arca Technical Issues
Mar 31, 2015 10:00AM March Consumer Confidence Index 101.3 vs 96.4
Mar 31, 2015 09:00AM S&P/Case-Shiller MoM 20 City Index 0.87% vs 0.65% Expected
Mar 30, 2015 09:25AM PBOC Governor Says China has 'More Room' to Ease Policy (FXI)
Mar 27, 2015 01:06PM UPDATE: Baker Hughes Total U.S. Rig Count Down 21 to 1048
Mar 27, 2015 08:30AM Q4 GDP 2.2% vs 2.4% Expected
Mar 27, 2015 07:38AM Buy the Sell-Off in Semis, Jefferies Says (INTC) (NXPI) (BRCM) (SMH)
Mar 26, 2015 10:30AM Natural Gas Inventory 12 bcf vs 7 bcf Expected
Mar 26, 2015 06:53AM Oil Gains, Stocks Fall Following Saudi Strike on Yemen
Mar 25, 2015 10:04AM ECB said to raise ELA ceiling for Greek bank to over EUR 71B - Bloomberg (FXE) (NBG)
Mar 25, 2015 08:30AM Durable Goods Orders -1.4% vs 0.2% Expected; Ex-Trans -0.4% vs 0.2%
Mar 24, 2015 09:02AM FHFA House Price Index 0.3% vs 0.5% Expected
Mar 23, 2015 09:20AM U.S. Fed Could Improve Wording Used to Provide Forward Guidance - Fed's Mester
Mar 23, 2015 08:34AM Greece's Tsipras to Meet with Germany's Merkel; Says 'Impossible' to Meet Upcoming Obligations (NBG)
Mar 20, 2015 03:48PM Nasdaq Nears All-Time Closing High (QQQ)
Mar 20, 2015 08:11AM iShares Nasdaq Biotechnology (IBB) Poised to Open Up Over 2%
Mar 19, 2015 11:39AM Crude Slips Lower; OPEC Official Sees No Rush to Hold Extraordinary Meeting, Stem Production (USO)
Mar 19, 2015 10:30AM Natural Gas Inventory -45 bcf vs -48 bcf Expected
Mar 19, 2015 06:22AM ECB says banks take EUR 97.8B in third targeted loan offer (FXE)
Mar 18, 2015 02:01PM Fed Drops 'Patient' Stance on Interest Rate; Rate raise 'remains unlikely' at April FOMC meeting
Mar 18, 2015 07:32AM OECD Boosts FY15 Growth Outlook on Lower Oil Prices, Monetary Easing
Mar 17, 2015 06:51AM Bank of Japan Affirms Stimulus Measures; Sees Inflation Around Zero for Time Being (FXY)
Mar 13, 2015 03:15PM Banco Bradesco Cuts FY15, FY16 GDP Growth Outlook for Brazil (EWZ)
Mar 13, 2015 12:52PM S&P Keeps Greece on CreditWatch Negative Following Eurogroup Agreement (GREK) (FXE)
Mar 12, 2015 08:27AM ECB said to increase ELA ceiling for Greek banks by EUR 600M - Bloomberg (FXE) (NBG)
Mar 11, 2015 12:48PM IMF approves ~$17.5B aid package for Ukraine - Bloomberg
Mar 11, 2015 10:34AM UPDATE: Crude Inventory 4.5M Barrels vs 4.6M Expected
Mar 11, 2015 07:45AM Draghi: QE Measures Will Bring Inflation Levels Back to Goal (FXE) (UUP)
Mar 11, 2015 07:35AM ECB's Nowotny: Can't assume yields stay negative for long - Bloomberg (FXE)
Mar 11, 2015 07:29AM China Industrial Output Slows in Jan.-Feb. as Demand Wanes (FXI) (UUP)
Mar 10, 2015 04:42PM API Crude Inventory Declines 404K Barrels
Mar 9, 2015 11:28AM ECB Commences EUR 1.1T Bond-Buying Program; German Yields Turn Negative (FXE)
Mar 9, 2015 10:26AM Greek cash may last for three weeks; outlook unclear - EU Official (FXE)
Mar 9, 2015 07:54AM ECB said to leave negative-yield losses unresolved in QE accord - Bloomberg (FXE) (UUP)
Mar 6, 2015 08:35AM Change in Nonfarm Payrolls 295K vs 235K Expected
Mar 5, 2015 12:03PM Euro Weakens to Lowest Since Sept. 2003 (FXE)
Mar 5, 2015 10:30AM Natural Gas Inventory -228 bcf vs -223 bcf Expected
Mar 5, 2015 09:04AM Draghi says ECB raised ELA for Greece by EUR 500M today (FXE)
Mar 5, 2015 08:56AM ECB Boosts FY15, FY16 Real GDP Outlook; Sees Avg. Inflation at 1.8% in FY17 (FXE) (UUP)
Mar 5, 2015 08:53AM Draghi says ECB will buy negative-yield debt down to deposit rate (FXE)
Mar 5, 2015 08:48AM Draghi sees QE continuing beyond Sept. 2016 if needed
Mar 5, 2015 08:33AM Draghi says ECB will buy EUR60B of assets per month through Sept. 2016
Mar 5, 2015 08:30AM Initial Jobless Claims 320K vs 295K Expected
Mar 5, 2015 07:46AM ECB Maintains Benchmark Interest Rate at 0.05%; Deposit Facility Rate Unchanged at (0.2%)
Mar 4, 2015 10:32AM UPDATE: Crude Inventory 10M Barrels vs 3.9M Expected
Mar 2, 2015 02:14PM Bill Gross Sees Nasdaq Over 5k Reflection Some 'Overvaluations' - CNBC (QQQ) (JNS)
Feb 27, 2015 08:49AM UPDATE: Revised Q4 GDP Growth Slows to 2.2% as Private Inventory Investment Estimate Trimmed
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