Archive for October 27th, 2015

Deeper Analysis

FOMC Preview: No Chance of a Federal Funds Hike

October 27, 2015

Weaker-than-expected U.S. growth and inflation since the mid-September meeting of the Federal Open Market Committee, plus greater disparity in public comments from Fed officials with some coming out in favor of no rate change before 2016, has all but eliminated any chance of a rate hike tomorrow. ┬áThe announcement will occur at 14:00 EDT (18:00 […] More

New Overnight Developments Abroad - Daily Update

Softer Energy Prices, Stronger Yen

October 27, 2015

West Texas Intermediate oil fell 1.2% to $43.98 per barrel, and natural gas costs slipped to a three-year low. The yen is 06% stronger against the dollar, which otherwise firmed 0.2% relative to the loonie and 0.1% vis-a-vis sterling and the Swiss franc. ┬áThe euro, yuan and Aussie dollar are unchanged. Share prices mostly fell […] More