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Midwest farmland values continue to grow in 1Q

Posted: May 15th, 2012 | Author: | Filed under: International Finance | Comments Off

The Federal Reserve says the average value of farmland in several Midwest and Western states grew more than 25 percent in the first quarter as farm income remained strong.The Federal Reserve Bank of Kansas ...

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Foreign holdings of US debt hit record high

Posted: May 15th, 2012 | Author: | Filed under: International Finance | Comments Off

Foreign demand for U.S. Treasury securities rose to a record high in March. China, the largest buyer of Treasury debt, increased its holdings for a third straight month.Total foreign holdings rose 0.3 ...

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Foreigners boost buys of long-term U.S. securities: Treasury

Posted: May 15th, 2012 | Author: | Filed under: International Finance | Comments Off

Foreigners increased purchases of long-dated U.S. securities, including government bonds, in March, the U.S. Treasury said on Tuesday, but lightened up on short-term assets such as bills. Overseas investors ...

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Surprise German GDP boosts markets

Posted: May 15th, 2012 | Author: | Filed under: International Finance | Comments Off

World markets reversed their slide this morning after Europe narrowly avoided a recession with a German GDP report that came in slightly above expectations. U.S. traders are now looking towards retail ...

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Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data

Posted: May 15th, 2012 | Author: | Filed under: International Finance | Comments Off

Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data

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Instant View: German prelim first-quarter GDP unexpectedly strong

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms - well ahead of a consensus forecast, as exports helped the economy bounce back from contraction ...

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Instant View: German prelim first-quarter GDP unexpectedly strong

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms - well ahead of a consensus forecast, as exports helped the economy bounce back from contraction ...

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Slight Recovery in Risk FX ahead of US Open

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

Risk FX was mildly firmer in overnight European trade today boosted by better than expected GDP data from Germany although investor sentiment in the region deteriorated. German Q1 GDP surprised to the ...

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Euro Finds Bids on Strong German Q1 GDP Report

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

Euro Finds Bids on Strong German Q1 GDP Report

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Fed examining other risks being taken by JPMorgan

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

The Federal Reserve is examining whether JPMorgan Chase & Co is taking risks elsewhere in the bank similar to the botched trading strategy that could cost the bank more than $2 billion, a Fed spokeswoman ...

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Analysis: Fed regulators in hot seat over JPMorgan loss

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

JPMorgan's $2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to keep ...

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Rates mixed at weekly US Treasury auction

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

Interest rates on short-term U.S. Treasury bills were mixed in Monday's auction with rates on six-month bills unchanged and rates on three-month bills rising to the highest level since February.The Treasury ...

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Analysis: Fed regulators in hot seat over JPMorgan loss

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

Analysis: Fed regulators in hot seat over JPMorgan lossJPMorgan's $2 billion-plus trading loss raises serious questions about whether the New York Federal Reserve and other regulators were asleep at the wheel or whether it is asking too much of them to keep ...

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USD Rally At Risk Ahead Of FOMC Minutes, AUD At Risk Amid RBA Minutes

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

USD Rally At Risk Ahead Of FOMC Minutes, AUD At Risk Amid RBA Minutes

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ResCap decision good for taxpayers: U.S. Treasury

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

The decision by Ally Financial Inc's mortgage unit to file for bankruptcy should make it easier for the government to recover its investment in the auto lender, the U.S. Treasury said on Monday. "While ...

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Report: Ohio casinos will hurt Detroit’s budget

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

Report: Ohio casinos will hurt Detroit's budgetDetroit's hard-pressed treasury can expect to take another hit as Ohio opens four casinos that'll be in direct competition with three in the Motor City, according to a consulting company.The treasury stands ...

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Treasury ETFs Rally as 10-Year Yield Dips Below 1.8%

Posted: May 14th, 2012 | Author: | Filed under: International Finance | Comments Off

Treasury yields fell Monday and bond ETFs rallied as fears Greece will leave the euro continued to rattle global markets. Most European indices were down more than 2% while yields on the 10-year Treasury ...

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NY Fed knew about JPMorgan’s trading loss: source

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

The Federal Reserve Bank of New York had been aware of JPMorgan Chase & Co's big trading loss and is currently monitoring the situation, according to a source close to the situation. The Fed bank, which ...

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USD Rally To Accelerate On Sticky Inflation, FOMC To Drop Dovish Tone

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

USD Rally To Accelerate On Sticky Inflation, FOMC To Drop Dovish Tone

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Fed’s Fisher: Texas banks "best run" in nation

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

Banks in the Lone Star State have been more profitable than those in the rest of the United States for the past five years, Dallas Federal Reserve Bank President Richard Fisher, a leading critic of the ...

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Rising GDP doesn’t rule out recession

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

Rising GDP doesn't rule out recession

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USD Rallies after April Producer Price Index Falls for the First Time in 4 Months

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

USD Rallies after April Producer Price Index Falls for the First Time in 4 Months

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Producer prices drop, giving Fed more space

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

Producer prices drop, giving Fed more spaceProducer prices unexpectedly fell in April as energy costs dropped by the most in six months, a sign of easing inflation pressures that could give the Federal Reserve more room to help the economy should ...

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CPI: Tamer inflation, weaker growth could spur China to ease

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

CPI: Tamer inflation, weaker growth could spur China to ease

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CPI: Tamer inflation gives China room to ease

Posted: May 11th, 2012 | Author: | Filed under: International Finance | Comments Off

CPI: Tamer inflation gives China room to ease

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US Treasury sells $5.75B more of AIG stock

Posted: May 10th, 2012 | Author: | Filed under: International Finance | Comments Off

The U.S. Treasury has finished selling a round of shares of American International Group Inc. worth $5.75 billion, AIG said Thursday.The transaction helped pay down AIG's debt to taxpayers, amassed through ...

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Fed’s Kocherlakota: U.S. may be near full employment

Posted: May 10th, 2012 | Author: | Filed under: International Finance | Comments Off

Unemployment may not have too much farther to fall before inflation threatens, forcing the Federal Reserve to respond by beginning its exit from super-easy monetary policy in six to nine months, a top ...

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Fed buys $6.8 billion mortgage bonds, sells none

Posted: May 10th, 2012 | Author: | Filed under: International Finance | Comments Off

The Federal Reserve bought $6.8 billion in agency mortgage-backed securities from May 3 to May 9, down slightly from the $7.0 billion it bought in the prior week, the New York Federal Reserve said on Thursday. ...

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NY Fed sells AIG bailout assets to Merrill Lynch

Posted: May 10th, 2012 | Author: | Filed under: International Finance | Comments Off

The New York Federal Reserve said on Thursday it sold all its TRIAXX collateralized debt obligations from a portfolio of assets that was used in the government bailout of insurer AIG to Merrill Lynch, ...

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Rising inflation means Fed should act: Kocherlakota

Posted: May 10th, 2012 | Author: | Filed under: International Finance | Comments Off

Minneapolis Fed President Narayana Kocherlakota on Thursday forecast rising inflation and said the Federal Reserve should begin to prepare the ground for an exit from its super-easy monetary policy in ...

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