Broadcasting 24hrs live since 1998
Europe Americas Asia Weekly Wrap Up Monthly Sign In Listen Live with a Free Guest Pass
(US) Market Close Summary   
Wed, 25 Nov 04:39 PM EST/09:39 PM GMT
< Previous Update  |  Next Update >
- Data dump ahead of holiday provided a little bit for everyone, but largely affirmed slow growth and stubbornly weak inflation
- Atlanta Fed cut Q4 GDP forecast on lower real consumer spending
- Well received 7-year auction wraps up condensed week of Treasury supply
- Dollar index trades above 100; ECB expectations grow
- Crude oil slips early but recovers; US oil rig count declines again
- Weekly natural gas inventories +9 bcf v +3 to +5 bcf expected

**European post close highlights**
- LOUP.FR: Reports 1H Rev €1.68B v €1.45B y/y
- LLOY.UK: Reportedly to announce another 1,000 job cuts on Thursday - UK press

US stocks experienced sluggish sideways trading ahead of the Thanksgiving break. Investors had a mountain of US economic data to sift through due to the condensed calendar. Durable Goods data was better than expected and Personal Spending missed estimates. The Atlanta Fed lowered its Q4 GDP outlook 0.4% to 1.8% following the government releases citing weakness in real consumer spending. US Treasury markets drifted marginally higher after the Oct PCE figures showed inflation is still struggling to find any upside momentum. The Euro fell to a fresh 8-month low of 1.0565 ahead of next week's highly anticipated ECB meeting.

After the close EFUT shares doubled as Beijing Shiji Information Technology disclosed a more than 50% stake. ...
< Previous Update  |  Next Update >
Listen live via a free guest pass.
Stock, Credit, Futures and Currency Traders Welcome.
Live 24hr coverage for the European, Americas and Asian Sessions. Profit from a complimentary week of access.