Investors are blaming an unprecedented lack of liquidity for Wednesday’s gut-wrenching stock market open, which saw the S&P 500 fall as much as 2.2 percent from Tuesday’s close, sent the VIX screaming to 28 and led to outsized moves in major stocks like Disney. According to Eric Hunsader of Nanex…
Excerpt from:
Liquidity nightmare blamed for crazy market moves
Could I say what a great privilege and pleasure it is to give the 2014 JSG Wilson Lecture. Professor Wilson, of course, wrote a number of key texts on money and banking. Alas it is only in the aftermath of the banking crisis that we have all learned of the importance of studying money, money mar…
Read more:
Weale: What to do when we don’t know: policy-making when spare capacity is uncertain
The number of natural gas rigs decreased throughout most of 2014. The number of natural gas rigs can indicate major natural gas producers’ sentiment towards drilling.
See the rest here:
Why natural gas rig counts confirm downward trend
Since the nationalization of its energy products, Venezuela’s crude oil production growth has stalled. At the same time, oil and gas production in the U.S. has surged ahead because of the shale boom.
Originally posted here:
Why Venezuela’s oil policy changed the focus of US oil and gas
According to estimates, producing aluminum auto bodies raises the price of vehicles by more than $1, 000 per unit. Regardless, it’s expected aluminum use in auto bodies will increase tenfold by 2025.
View post:
Must know: Steel companies are bracing for aluminum onslaught
Ever since the oil shock of the early 1970s, central bankers have fretted that rising energy prices spelled recession. Now they’re discovering cheaper energy can be a headache too, especially when warding off deflation is the economic challenge du jour. Historically, the 27 percent drop in B…
View original post here:
Oil Slide Puts Central Bankers Over Deflationary Barrel
The European Union could save up to $80 billion in energy imports if oil prices remain low, providing some relief to households and companies in a region that has been laid low for the last five years. The price of oil LCOc1 has dropped over a quarter since the summer to below $85 per barrel, a l…
Here is the original post:
Europe could save up to $80 billion in energy imports as prices plunge
Italy is no longer in a recession, thanks to its black market. Because the European Union changed the way it calculates GDP to include illegal revenue from things like underground alcohol sales, drugs, and prostitution, Italy found out Wednesday that its 0.1% GDP decline in the first quarter of …
View original here:
Drugs And Prostitutes Help Bring Italy Out Of Recession
Italy is no longer in a recession, thanks to its black market. Because the European Union changed the way it calculates GDP to include illegal revenue from things like underground alcohol sales, drugs, and prostitution, Italy found out Wednesday that its 0.1% GDP decline in the first quarter of …
Read the original post:
Drugs And Prostitutes Help Bring Italy Out Of Recession
Global stocks, bond yields and commodity prices slumped on Wednesday as investor fears over the state of the global economy intensified after U.S. producer prices fell for the first time in more than a year. U.S. equity futures were down 1.2 percent – with big blocks of shares being sold – and th…
Read the original:
Markets slammed by economic fears after U.S. data
Business inventories rose 0.2% in August to a seasonally adjusted $1.75 trillion, the U.S. Commerce Department reported Wednesday. Economists polled by MarketWatch had expected August growth of 0.3%, compared with 0.4% for July. Sales fell 0.4% in August. The ratio of inventories to sales remained…
The rest is here:
U.S. business inventories rise 0.2% in August
Just your quick 80 pip bounce in USD/JPY back through 106 and that’s knocked cable and the euro back down to 1.60 from 1.6068 and 1.28 from 1.2886. US 10′s have put in a recovery to 2.03% from 1.86%
The rest is here:
BA-DOING! USD/JPY back up through 106
As oil continues its spiral downward, how much further can it go?
Originally posted here:
Cramer: Oil hit by ‘perfect storm’
As oil continues its spiral downward, how much further can it go?
Originally posted here:
Cramer: Oil hit by ‘perfect storm’
Heading into today’s big data dump out of the US, traders were already on edge after the recent perilous drop in global equities and growing fears of Eurozone Sovereign Debt Crisis 2.0. Over the last few months, the US economy has always rode in on a white horse at times like this to assuage…
View original here:
USD Blasted by Data Disappointments, All Eyes on EURUSD 1.2800
Heading into today’s big data dump out of the US, traders were already on edge after the recent perilous drop in global equities and growing fears of Eurozone Sovereign Debt Crisis 2.0. Over the last few months, the US economy has always rode in on a white horse at times like this to assuage…
Read the original:
USD Blasted by Data Disappointments, All Eyes on EURUSD 1.2800
The S&P futures rallied 28.25 handles from their overnight low of 1864.50 by 11 AM CT Tuesday, only to sell off and retest the low before a closing rally that left the Emini S&P futures (ESZ14:CME) up 9.25 handles. Crude oil closed down $3.90/bbl, a sharp continuation of a downtrend that has oil down $10 in as many days. While we don’t take the oversimplified view that the stock market tracks crude, or even bonds or gold, we do notice when the factors causing crude to drop so dramatically are also factors that could affect stocks.
Continued here:
Crude oil instability, earnings overshadow stocks
With aluminum bodies, the total weight of a vehicle can be reduced by around 30%, and so automatically increase its fuel efficiency.
Read more from the original source:
Why aluminum use in automobiles is on the rise
Prices received by U.S. producers fell in September for the first time in over a year, a potentially worrisome sign for the economy in that inflation appears to be failing to gain traction. U.S. producer prices slipped 0.1 percent last month, the Labor Department said on Wednesday. While many …
See the original post:
U.S. producer prices fall for first time in over a year
The Producer Price Index for final demand decreased 0.1 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in August and advanced 0.1 percent in July. On an unadjusted basis, the index for final demand increased 1.6…
More here:
US Producer Price Indexes – September 2014
