have had a close inverse relationship with the S&P 500 for about five years now. However, with last week’s Beige Book report indicating some level of growth in every region, economic- and stock-market downside might be quite limited
sales expectations and plans for expansion. On Wednesday, the Federal Reserve released the latest edition of its Beige Book , a comprehensive review of economic conditions in each of the Fed’s Districts. Based on the Fed’s review
did not extend to Wednesday. Markets, led by financials and discretionary stocks, rallied on Wednesday. The FED's Beige Book report added more fuel to the positive outlook. Thanks to the extended lower interest hints from FED and European Central
did not extend to Wednesday. Markets, led by financials and discretionary stocks, rallied on Wednesday. The FED's Beige Book report added more fuel to the positive outlook. Thanks to the extended lower interest hints from FED and European Central
was up from 3.2% the prior month. Meanwhile, things are looking better in the United States. Midweek the Fed's Beige Book showed an improving economy in all 12 of the Federal Reserve districts. A much better-than-expected trade report
* Fed's Beige Book : Rising gas prices a concern for growth
stocks higher. Alcoa's ( +5.2% ) unexpected profit is also helping, although Nokia ( -15.5% ) is getting slaughtered after a profit warning. Later : Import/Export Prices, lots of Fed speak, Fed's Beige Book Post your comment!
Agriculture, Import Prices Ex-Oil, Crude Inventories, the Treasury Budget (Consensus -$193 Billion) and the Fed's Beige Book . This will all set up the market for tomorrow's job numbers, which many will be looking to for signs that maybe the
copper stays below 200-day moving average * Underlying Chinese copper demand still solid -ANZ * Coming Up: U.S. Beige Book ; 1800 GMT (Updates prices) By Manolo Serapio Jr SINGAPORE, April 11 (Reuters) - London copper edged up on Wednesday
Wednesday's economic calendar: 7:00 MBA Mortgage Applications 8:30 Import/Export Prices 10:30 EIA Petroleum Inventories 1:00 PM Results of $21B, 10-Year Note Auction 2:00 PM Fed's Beige Book 2:00 PM Treasury Budget Post your comment!