Monday, April 8, 2013

DailyMarkets.com - “Swing And A Miss” For Analysts On March Jobs Data

DailyMarkets.com - “Swing And A Miss” For Analysts On March Jobs Data


“Swing And A Miss” For Analysts On March Jobs Data

Posted: 08 Apr 2013 09:18 AM PDT

Monday, April 8, 2013
Large and small speculators have been holding net-short positions in Bond futures according to the Commitment of Traders report, and the recent rally seems to have caught many traders off-guard. The weaker than expected Non-Farm Payrolls report may have provided the catalyst for additional buying in Treasuries, as those caught short the market stampede for the exits.
Fundamentals
April has arrived, and thoughts turn to the upcoming baseball season. It is generally believed … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Stocks Slip Ahead Of Earnings Season

Posted: 08 Apr 2013 08:01 AM PDT

04/08/13 Wall Street edged lower as the trading week slowly got under way. Equities extended the worst weekly decline in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Yen Slides As BOJ Kicks Off Stimulus Plan

Posted: 08 Apr 2013 02:44 AM PDT

04/08/12 The yen hit multi-year lows against the dollar and the euro. The BOJ began buying longer-dated bonds as part of its aggressive stimulus … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stories Deserving More Attention: Did You See This?

Posted: 08 Apr 2013 06:21 AM PDT


While taking a brief respite from writing over the course of the last week, I was struck by a number of stories worthy of real attention. Some of these items have received a fair bit of attention while others may have passed largely unnoticed.

I will reference these stories now and will certainly come back to many if not all of them in the near future. The items include:

1. In what might only be compared to trying to turn around the Titanic on one of your local streets, the Bank of Japan is launching a "quantitative easing on steroids" program. The goal of "all this juice" is to generate a 2% rate of inflation in the next two years from what has been a two decade deflationary cycle. 

Described as "throwing cash from a truck" by the FT, this policy to promote the yen carry trade will certainly support asset markets but whether it has a meaningful impact on the Japanese economy is a question that remains not easily answered. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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