Fed's Kohn says weighing need for more rate cuts

**ForexForums** · 12-18-2008, 10:54

WASHINGTON - The Federal Reserve is widely expected to ratchet down a key interest rate — perhaps to an all-time low— to prevent the sinking economy from falling deeper into the doldrums. Federal Reserve Chairman Ben Bernanke and his colleagues ...

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**ForexForums** · 12-24-2008, 19:41

Like the sorcerer's apprentice, Federal Reserve Chairman Ben Bernanke and his predecessor Alan Greenspan have unleashed a series of ever-larger asset bubbles they cannot control. Now the Fed's decision to cut interest rates to between zero and 0.25 ...

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**MTnews** · 03-12-2009, 20:42

Daily Market Commentary for March 12, 2009

Federal Reserve released Quarterly Flow of Funds: U.S. Household net worth shrinks 9% to $51.48 in 4Q (read more at Millennium-Traders.Com)

Economic data released today:

Retail Sales:
U.S. February Retail & Food Sales fell 0.1% compared to consensus of a drop by 0.4%; US February Retail & Food Sales Excluding-Autos rose 0.7%; January Retail & Food Sales Revised to increase by 1.8% from increase by 1.0%.

Jobless Claims:
U.S. Jobless Claims for week of March 7 increased by 9K to 654K compared to survey of an increase by 6K; U.S. Continuing Claims for week of February 28 increased by 193K to 5,317,000; U.S. Jobless Claims Revised for week of to 645K from 639K; U.S. Continuing Claims at Record High.

Business Inventories:
U.S. January Business Inventories fell 1.1% but was expected to drop by 1.0%; Inventory-to-Sales Ratio Holds at 1.43 In January.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) triple digit gain of 239.66 points to end the trading session at 7,170.06
NYSE (New York Stock Exchange) triple digit gain of 179.71 points to end the trading session at 4,685.09
National Association of Securities Dealers Automated Quotations (NASDAQ) gain of 54.46 points to end the trading session at 1,426.10
S&P 500 (SPX) gain of 29.37 points to end the trading session at 750.73
BEL 20 (BEL20) gain of 23.04 points to end the trading session at 1,670.29
CAC 40 (CAC40) gain of 20.63 points to end the trading session at 2,694.83
FTSE100 (UKX100) gain of 13.51 points to end the trading session at 3,707.32
NIKKEI 225 (NIK/O) triple digit loss of 177.87 points at the end the trading session at 7,198.25

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 2,758, declined stock prices 380, unchanged stock prices 57, stock prices hitting new highs 6 and stock prices hitting new lows 62. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: PowerShares DB Crude Oil (NYSE: DTO) stock price shed 26.88 points on the trading session, high on the trading session $213.75, low on the trading session $180.86, with a closing stock price at $184.09; Jo-Ann Stores (NYSE: JAS) stock price shed 0.47 points on the trading session, high on the trading session $12.31, low on the trading session $11.10, with a closing stock price at $11.98; Pall (NYSE: PLL) stock price shed 3.86 points on the trading session, high on the trading session $19.91, low on the trading session $18.20, with a closing stock price at $18.82; Potash (NYSE: POT) stock price shed 0.48 points on the trading session, high on the trading session $78.20, low on the trading session $73.27, with a closing stock price at $77.66; Hess (NYSE: HES) stock price gained 1.85 points on the trading session, high on the trading session $59.48, low on the trading session $56.83, with a closing stock price at $59.02; Mosaic (NYSE: MOS) stock price shed 2.32 points on the trading session, high on the trading session $44.92, low on the trading session $41.83, with a closing stock price at $43.21; ProShares Ultrashort Financials (NYSE: SKF) stock price shed 29.92 points on the trading session, high on the trading session $178.35, low on the trading session $138.32, with a closing stock price at $142.06; Direxion Financial Bear 3X (NYSE: FAZ) stock price shed 14.49 points on the trading session, high on the trading session $59.50, low on the trading session $40.14, with a closing stock price at $41.60; ProShares Ultrashort S&P 500 (NYSE: SDS) stock price shed 8.08 points on the trading session, high on the trading session $101.47, low on the trading session $91.04, with a closing stock price at $91.68.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 2,255, declined stock prices 502, unchanged stock prices 142, stock prices hitting new highs 8 and stock prices hitting new lows 101. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Steel Dynamics (NasdaqGS: STLD) stock price shed 1.29 points on the trading session, high on the trading session $7.28, low on the trading session $5.95, with a closing stock price at $7.26; Priceline.com (NasdaqGS: PCLN) stock price gained 1.33 points on the trading session, high on the trading session $79.21, low on the trading session $73.20, with a closing stock price at $77.27; First Solar (NasdaqGS: FSLR) stock price gained 3.59 points on the trading session, high on the trading session $127.99, low on the trading session $115.05, with a closing stock price at $123.07.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 373, declined stock prices 179, unchanged stock prices 72, stock prices hitting new highs 3 and stock prices hitting new lows 9.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Mar 09: End of trading session price 749.75; Change for the trading session 4.75
E-mini NASDAQ-100 (NQ) Mar 09: End of trading session price 1,163.75; Change for the trading session 19
E-mini DOW $5 (YM) Mar 09: End of trading session price 7,158; Change for the trading session 31
E-mini S&P MidCap 400 (MF) Mar 09: End of trading session price 453.90; Change for the trading session 3.80

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7741 to U.S. Dollars 1.2918
Japanese Yen 97.60 to U.S. Dollars 0.0102
British Pound 0.7170 to U.S. Dollars 1.3947
Canadian Dollar 1.2794 to U.S. Dollars 0.7816
Swiss Franc 1.1845 to U.S. Dollars 0.8442

COMMODITY MARKETS:

Energy Sector - Nymex:
Light Crude (April 09) gained $4.70 on the trading session for a closing price of $47.03 per barrel ($US per barrel)
Heating Oil (April 09) gained $0.09 on the trading session for a closing price of $1.23 a gallon ($US per gallon)
Natural Gas (April 09) gained $0.20 on the trading session for a closing price of $4.00 per million BTU ($US per mmbtu.)
Unleaded Gas (March 09) gained $0.09 on the trading session for a closing price of $1.35 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (April 09) gained $13.30 on the trading session for a closing price of $924.00 ($US per Troy ounce)
Silver (May 09) gained $0.14 on the trading session for a closing price of $12.94 ($US per Troy ounce)
Platinum (April 09) shed $5.70 on the trading session for a closing price of $1,054.50 ($US per Troy ounce)
Copper (May 09) shed $0.00 on the trading session for a closing price of $1.62 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (April 09) gained 1.90 on the trading session for a closing price of 62.23
Pork Bellies (May 09) gained 1.60 on the trading session for a closing price of 84.10
Live Cattle (April 09) gained 1.35 on the trading session for a closing price of 83.90
Feeder Cattle (April 09) gained 0.85 on the trading session for a closing price of 91.20

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (May 09) gained 20.75 on the trading session for a closing price of 385.25
Soybeans (May 09) gained 20.00 on the trading session for a closing price of 882.00

BOND MARKET:
2 year Bond Closing price 99 23/32, change 1/32, Yield 1.01, Yield change -0.01
5 year Bond closing price of 99 28/32, change 7/32, Yield 1.93, Yield change -0.05
10 year Bond closing price 98 29/32, change 9/32, Yield 2.88, Yield change -0.03
30 year Bond closing price 97 17/32, change 14/32, Yield 3.64, Yield change -0.03

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly MarketNews for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com

View Profile · 03-17-2009, 00:45

Hey!
Gimme any link for downloading XRumer 5 for free!
Thank you...
Very-very much.
I'm so need this program for promote my online projects!!! This software is the best thing for online promo and mass posting, you know...

And, dont send me XRumer 2.9 and XRumer 3.0 - that versions are too old!

P.S. Google cant help me((((

**Mike** · 03-23-2009, 04:49

What type of spam is this XRunner?

**FX-Update** · 03-23-2009, 05:48

Click Here To Read The Article "Federal Reserve Bank Keep Rates Unchanged While Purchasing Treasuries"

**Death420** · 04-13-2009, 15:33

Originally Posted by Mike

What type of spam is this XRunner?

Has nothing to do with Forex pal.

**MTnews** · 07-24-2009, 21:33

Daily Market Commentary for July 24, 2009

Federal Minimum Wage

Federal minimum wage goes up to $7.25 an hour today, an increase of 70 cents since last summer.(read more at Millennium-Traders.Com) http://www.millennium-traders.com/ne...yjuly2409.aspx

Economic data released today:

University of Michigan Consumer Sentiment Index:
End-July Current Index came in at 70.5 compared to June reading of 73.2; End-July Expectations at 63.2 compared to June reading of 69.2; Preliminary July Sentiment was 64.6; 12-Month Inflation Forecast rose 2.9% compared to June increase by 3.1%; 5-Year Inflation Forecast rose 3.0%compared to June increase by 3.0%.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) gain 23.95 points, EOD 9,093.24
NYSE (New York Stock Exchange) gain 34.94, EOD 6,337.46
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 7.64 points, EOD 1,965.96
S&P 500 (SPX) gain 2.97 points, EOD 979.26
BEL 20 (BEL20) shed 5.42 points, EOD 2,135.43
CAC 40 (CAC40) shed 7.27 points, EOD 3,366.45
FTSE100 (UKX100) gain 16.81 points, EOD 4,576.61
NIKKEI 225 (NIK/O) triple digit gain 151.61 points, EOD 9,944.55

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,921, declined stock prices 1,136, unchanged stock prices 116, stock prices hitting new highs 63 and stock prices hitting new lows 4. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: CB gain 2.76, HOD 45.50, LOD 43.69, EOD 45.37; MTD shed 1.60, HOD 83.80, LOD 77.64, EOD 83.62; CME shed 5.16, HOD 276.00, LOD 265.95, EOD 270.84; BLK shed 5.72, HOD 197.83, LOD 189.65, EOD 192.18; MA shed 0.40, HOD 189.10, LOD 183.87, EOD 185.47.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,476, declined stock prices 1,197, unchanged stock prices 144, stock prices hitting new highs 81 and stock prices hitting new lows 12. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: SPWRA gain 7.19, HOD 32.46, LOD 29.64, EOD 32.04; DECK shed 7.93, HOD 70.50, LOD 65.50, EOD 69.28; FSLR gain 11.65, HOD 173.10, LOD 162.76, EOD 169.43; AMZN shed 7.38, HOD 88.90, LOD 85.50, EOD 86.49; BIDU gain 25.46, HOD 363.30, LOD 338.08, EOD 358.10; RVBD shed 4.19, HOD 21.50, LOD 19.70, EOD 21.28; JNPR gain 0.31, HOD 26.97, LOD 25.00, EOD 26.86; RIGL shed 1.13, HOD 10.90, LOD 9.31, EOD 10.43; BCRX gain 0.91, HOD 9.68, LOD 8.46, EOD 9.49; ISRG gain 7.16, HOD 223.42, LOD 211.50, EOD 222.53; IDXX gain 50.30, HOD 50.41, LOD 45.60, EOD 50.30; SPWRB gain 6.97, HOD 28.77, LOD 25.70, EOD 28.49; GOOG gain 9.38, HOD 450.49, LOD 435.00, EOD 446.72.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 285, declined stock prices 222, unchanged stock prices 69, stock prices hitting new highs 8 and stock prices hitting new lows -.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 978.75; Change 1.00
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,598.75; Change 1.50
E-mini DOW $5 (YM) Sept 09: EOD 9,062; Change 4
E-mini S&P MidCap 400 (MF) Sept 09: EOD 621.00; Change 0.40
Nikkei 225 (Yen) Sept 09: EOD 10,040; Change 5

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7037 to U.S. Dollars 1.4211
Japanese Yen 94.7400 to U.S. Dollars 0.0106
British Pound 0.6084 to U.S. Dollars 1.6436
Canadian Dollar 1.0847 to U.S. Dollars 0.9219
Swiss Franc 1.0716 to U.S. Dollars 0.9332

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (September 09) gain $0.89, EOD $68.05 per barrel ($US per barrel)
Heating Oil (September 09) gain $0.01, EOD $1.81 a gallon ($US per gallon)
Natural Gas (September 09) gain $0.15, EOD $3.86 per million BTU ($US per mmbtu.)
Unleaded Gas (August 09) gain $0.00, EOD $1.92 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (August 09) shed $1.70, EOD $953.10 ($US per Troy ounce)
Silver (September 09) gain $0.11, EOD $13.88 ($US per Troy ounce)
Platinum (October 09) gain $3.40, EOD $1,191.40 ($US per Troy ounce)
Copper (September 09) no change $0.00, EOD $2.52 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed $1.83, EOD $54.58
Pork Bellies (August 09) shed $2.00, EOD $61.30
Live Cattle (October 09) shed $0.35, EOD $89.75
Feeder Cattle (August 09) gain $0.18, EOD $102.55

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) shed $11.50, EOD $326.75
Soybeans (November 09) shed $17.00, EOD $915.00

BOND MARKET:
2 year EOD 100 6/32, change 0, Yield 1.00, Yield change -0.02
5 year EOD 100 11/32, change -1/32, Yield 2.53, Yield change -0.01
10 year EOD 95 16/32, change -2/32, Yield 3.66, Yield change 0.00
30 year EOD 94 29/32, change -7/32, Yield 4.54, change -0.01

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly MarketNews for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com http://millennium-traders.com/

**Jones** · 07-25-2009, 15:30

This sounds great, but the businesses that have to pay more to their employees will just increase their prices, passing this huge debit onto the consumer. You thought a big mac cost alot now?

**annaj** · 07-29-2009, 01:35

All this will accomplish is the increase of unemployment among workers who are already disadvantaged.

**VanForex** · 08-03-2009, 07:27

This is a good idea and a good piece to read on
Well I agree on some of the ideas being posted here...

**MTnews** · 08-11-2009, 21:10

Daily Market Commentary for August 11, 2009

Federal Reserve

Stocks fell today as the federal reserve met for their two day Open Market Committee meeting on interest rates. (read more at Millennium-Traders.Com)

Economic data released today:

Redbook:
U.S. Retail Sales First Week of August fell 0.5% versus July; U.S. Retail Sales for First Week August fell 4.2% versus August a year-ago; U.S. Retail Sales fell 4.2% week end August 8 versus a year ago.

According to Redbook Research, national chain store sales fell 0.5% in first week of August versus previous month. The latest numbers are sharply different from recent weeks because they do not include Wal-Mart Stores (WMT), which indicated last month it would no longer provide monthly sales figures. The drop in the index was compared to a targeted 0.6% drop. The Redbook Index additionally showed seasonally adjusted sales for the period which were down 4.2% compared to August 2008, compared to a targeted 4.3% drop. On an unadjusted basis, sales for the week ending Saturday were down 4.2% from the same week in 2008, after a 5.4% decline the previous week. Per the data, it appears that shoppers were focused on clearance sales and were beginning to look at new back-to-school merchandise. Most stores are currently in transition between summer clearance and back-to-school sales. The summer clearances are being priced less aggressively than usual because of leaner inventories.

Non-farm Productivity:
U.S. 2Q Non-Farm Productivity Revised to increase by 6.4% compared to consensus of an increase by 5.5%.

Unit Labor Costs:
U.S. 2Q Unit Labor Costs Revised to fall by 5.8% compared to consensus of a decrease by 2.9%.

Wholesale Inventories:
U.S. June Wholesale Inventories down 1.7% expected to be down 0.9%; June Wholesale Inventory-To-Sales Ratio falls to 1.26.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) shed 96.50 points, EOD 9,241.45
NYSE (New York Stock Exchange) shed 86.43, EOD 6,463.62
National Association of Securities Dealers Automated Quotations (NASDAQ) shed 22.51 points, EOD 1,969.73
S&P 500 (SPX) shed 12.75 points, EOD 994.35
BEL 20 (BEL20) shed 30.04 points, EOD 2,262.40
CAC 40 (CAC40) shed 48.36 points, EOD 3,456.18
FTSE100 (UKX100) shed 50.86 points, EOD 4,671.34
NIKKEI 225 (NIK/O) gain 61.2 points, EOD 10,585.46

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 783, declined stock prices 2,177, unchanged stock prices 208, stock prices hitting new highs 30 and stock prices hitting new lows 6. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: RTP shed 0.57, HOD 155.75, LOD 151.88, EOD 154.95; SF gain 3.86, HOD 56.36, LOD 53.16, EOD 55.13; CME shed 6.93, HOD 284.50, LOD 274.87, EOD 276.00; BG shed 4.80, HOD 68.01, LOD 65.85, EOD 66.04; PSA shed 2.91, HOD 75.61, LOD 72.10, EOD 72.68; MA gain 0.35, HOD 204.45, LOD 201.45, EOD 202.69; AIG shed 3.78, HOD 28.20, LOD 24.32, EOD 24.92; LGF shed 0.15, HOD 7.29, LOD 6.27, EOD 6.31; DRN shed 9.06, HOD 112.29, LOD 100.00, EOD 104.44; YUM shed 1.40, HOD 35.88, LOD 34.56, EOD 35.13; GS shed 1.14, HOD 162.22, LOD 159.15, EOD 159.22.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 690, declined stock prices 1,875 unchanged stock prices 271, stock prices hitting new highs 22 and stock prices hitting new lows 8. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: FSLR shed 0.81, HOD 149.83, LOD 145.12, EOD 146.53; BIDU shed 6.05, HOD 351.90, LOD 343.21, EOD 345.83; CTRP gain 0.43, HOD 51.84, LOD 50.25, EOD 51.32; ISRG shed 4.20, HOD 232.40, LOD 223.90, EOD 225.97; PCLN gain 3.48, HOD 153.89, LOD 148.86, EOD 153.72; KONG shed 0.16, HOD 13.88, LOD 12.80, EOD 13.00; ZOLT shed 1.78, HOD 9.29, LOD 8.11, EOD 8.53; CPIX shed 0.17, HOD 17.75, LOD 16.35, EOD 16.83; ELON gain 0.86, HOD 10.98, LOD 10.25, EOD 10.91.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 163, declined stock prices 278, unchanged stock prices 148, stock prices hitting new highs 10 and stock prices hitting new lows 1.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 991.25; Change -16.25
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,593.75; Change -18.75
E-mini DOW $5 (YM) Sept 09: EOD 9,205; Change -115
E-mini S&P MidCap 400 (MF) Sept 09: EOD 640.50; Change -10.00
Nikkei 225 (Yen) Sept 09: EOD 10,445; Change -85

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.7066 to U.S. Dollars 1.4152
Japanese Yen 95.8800 to U.S. Dollars 0.0104
British Pound 0.6069 to U.S. Dollars 1.6476
Canadian Dollar 1.1018 to U.S. Dollars 0.9076
Swiss Franc 1.0816 to U.S. Dollars 0.9246

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (September 09) shed $1.15, EOD $69.45 per barrel ($US per barrel)
Heating Oil (September 09) shed $0.02, EOD $1.91 a gallon ($US per gallon)
Natural Gas (September 09) shed $0.10, EOD $3.54 per million BTU ($US per mmbtu.)
Unleaded Gas (September 09) gain $0.01, EOD $2.04 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) gain $0.70, EOD $947.60 ($US per Troy ounce)
Silver (September 09) shed $0.01, EOD $14.35 ($US per Troy ounce)
Platinum (October 09) shed $5.80, EOD $1,250.90 ($US per Troy ounce)
Copper (September 09) shed $0.03, EOD $2.74 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (October 09) shed $0.65, EOD $44.35
Pork Bellies (February 10) shed $0.18, EOD $79.40
Live Cattle (October 09) shed $0.65, EOD $87.65
Feeder Cattle (October 09) shed $0.53, EOD $100.10

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $0.50, EOD $331.00
Soybeans (November 09) gain $28.50, EOD $1,038.50

BOND MARKET:
2 year EOD 99 21/32, change 4/32, Yield 1.17, Yield change -0.07
5 year EOD 99 25/32, change 12/32, Yield 2.66, Yield change -0.08
10 year EOD 95 17/32, change 27/32, Yield 3.67, Yield change -0.10
30 year EOD 96 30/32, change 1 19/32, Yield 4.43, change -0.10

Access upcoming scheduled economic data anytime by viewing the Economic Calendar from Millennium-Traders, free access to visitors on our website.

Visitors may subscribe to our free Weekly MarketNews for a review of the previous weeks trading news plus, view upcoming economic data scheduled for the week ahead.

Review current edition as well as, archives of the News & Commentary plus, view complete details of calls made in our Trading Rooms and stock picks from our Swing Trading service. Traders should review our FREE Monthly Trading Lesson posted on our website.

Thanks for reading
Millennium-Traders.Com

**godoftrading** · 08-25-2009, 13:25

Aug. 25 (Bloomberg) -- The Federal Reserve must for the first time identify the companies in its emergency lending programs after losing a Freedom of Information Act lawsuit.

Manhattan Chief U.S. District Judge Loretta Preska ruled against the central bank yesterday, rejecting the argument that loan records aren’t covered by the law because their disclosure would harm borrowers’ competitive positions.

http://www.bloomberg.com/apps/news?p...d=a7CC61ZsieV4
_________________
http://zantrio.com
http://millennium-traders.com
http://swing-trading.com

**forexguide** · 09-03-2009, 07:39

have herd about the news where Loretta Preska rules against the central bank and that is so cool to me..

**Mike** · 09-14-2009, 02:59

Loretta Preska has most likely already been pulled aside and told to STFU against the central bank, if she doesn't want to have to find a new job, that is.

**JaiHO** · 09-18-2009, 04:44

Its sad your governemtn gives out money and doesnt even know where it goes

**MTnews** · 09-23-2009, 20:47

Daily Market Commentary for September 23, 2009

Federal Reserve Bank

Federal Reserve Bank wraps up their two day meeting today and will be announcing their conclusion on interest rates at 2:15 p.m. EST; stocks were dropping as investors awaited the highly anticipated decision. (Read more at Millennium-Traders.Com)

Economic data released today:

MBA (Mortgage Bankers Association) Mortgage Applications:
U.S. MBA Market Index rose 12.8% at 668.5 compared to Last Week 592.8; U.S. MBA Purchase Index rose 5.6% at 288.3 compare to Last Week 272.9; U.S. MBA Refinance Index rose 17.4% at 2881.5 compared to Last Week 2454.5.

Crude Oil Inventories as reported by DOE (Department of Energy):
U.S. Crude Oil Stockpiles +2.855 million barrels at 335.608 million barrels; U.S. Crude Oil Stockpiles +2.855 million barrels in week; was seen -1.5 million barrels; U.S. Gasoline Stockpiles +5.409 million barrels at 213.109 million barrels; U.S. Gasoline Stockpiles +5.409 million barrels in week; was seen +0.4 million barrels; U.S. Distillate Stockpiles +2.961 million barrels at 170.754 million barrels; U.S. Distillate Stockpiles +2.961 million barrels in week; was seen +1.6 million barrels; U.S. Refineries Ran at 85.58% capacity versus 86.94% Week Ago; U.S. Refineries Ran at 85.58% capacity; was seen 86.20%.

Interest Rate Decision by FOMC (Federal Open Market Committee):
Voted 10-0 for Fed funds rate action; Fed leaves discount rate at 0.5%; economic activity has picked up, to remain weak for a time; to slow pace of mortgage security purchases, finish in 2010; repeats plan to finish treasury purchases in October; expects inflation to be subdued `for some time'; long-term inflation expectations stable; policy actions will support stronger economic growth; rates to stay `exceptionally low' for extended period; financial conditions, housing market have improved; consumer spending stabilizing, remains constrained; businesses cutting investment, staffing at slower pace; to use wide range of tools for growth, stable inflation; to evaluate timing, amounts of purchase programs.

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
DOW (Dow Jones Industrial Average) shed 79.20 points, EOD 9,750.67
NYSE (New York Stock Exchange) shed 82.44, EOD 6,964.69
National Association of Securities Dealers Automated Quotations (NASDAQ) gain 15.8 points, EOD 2,130.50
S&P 500 (SPX) shed 11.27 points, EOD 1,060.39
BEL 20 (BEL20) gain 12.54 points, EOD 2,491.19
CAC 40 (CAC40) shed 1.73 points, EOD 3,821.79
FTSE100 (UKX100) shed 3.23 points, EOD 5,139.37
NIKKEI 225 (NIK/O) unchanged, EOD 10,370.54

New York Stock Exchange (NYSE) stock market indicators for the trading session today:
Advanced stock prices 1,105 declined stock prices 1,974, unchanged stock prices 92, stock prices hitting new highs 325 and stock prices hitting new lows 7. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: AIG gain 0.91, HOD 49.56, LOD 46.03, EOD 46.71; STX shed 0.22, HOD 16.16, LOD 15.44, EOD 15.46; IMA shed 2.71, HOD 39.60, LOD 37.82, EOD 38.07; AIR gain 2.08, HOD 21.83, LOD 19.67, EOD 21.07; MDR shed 0.80, HOD 27.30, LOD 26.20, EOD 26.34; FAS shed 4.89, HOD 91.34, LOD 84.51, EOD 84.76; RTP shed 2.73, HOD 181.67, LOD 176.36, EOD 176.41; BLK gain 2.83, HOD 220.17, LOD 210.50, EOD 211.03; CME shed 5.17, HOD 315.00, LOD 306.00, EOD 306.10; SLG shed 3.42, HOD 47.17, LOD 43.15, EOD 43.39; WLT shed 5.35, HOD 65.35, LOD 61.54, EOD 61.86; GS shed 1.88, HOD 188.00, LOD 183.64, EOD 183.64; AZO shed 11.42, HOD 148.94, LOD 141.44, EOD 141.50; MA shed 5.19, HOD 225.82, LOD 219.15, EOD 219.39; FUL gain 0.10, HOD 22.59, LOD 20.92, EOD 21.38; OSK shed 1.42, HOD 31.48, LOD 29.70, EOD 29.80.

National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
Advanced stock prices 1,047, declined stock prices 1,690, unchanged stock prices 108, stock prices hitting new highs 146 and stock prices hitting new lows 5. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: XLNX gain 1.11, HOD 24.47, LOD 23.54, EOD 23.83; BIDU shed 1.34, HOD 403.60, LOD 394.00, EOD 394.95; FSLR shed 3.59, HOD 157.53, LOD 152.21, EOD 152.71; KERX gain 0.33, HOD 3.33, LOD 2.62, EOD 2.69; AAPL gain 1.02, HOD 188.90, LOD 185.03, EOD 185.50; RIMM gain 0.91, HOD 88.08, LOD 84.80, EOD 85.77; SNDA gain 3.12, HOD 60.35, LOD 55.01, EOD 58.44; DECK gain 2.17, HOD 85.25, LOD 81.78, EOD 83.99; XTXI gain 0.37, HOD 6.18, LOD 5.29, EOD 5.60; APOL shed 0.81, HOD 71.75, LOD 70.36, EOD 70.51; ERTS gain 1.31, HOD 20.33, LOD 18.55, EOD 19.83; XOMA gain 0.16, HOD 1.07, LOD 0.85, EOD 1.01.

Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
Advanced stock prices 230, declined stock prices 314, unchanged stock prices 46, stock prices hitting new highs 35 and stock prices hitting new lows 1.

Chicago Board of Trade Futures Market for the day, at time of this posting:
E-mini S&P 500 (ES) Sept 09: EOD 1056.50; Change -10.75
E-mini NASDAQ-100 (NQ) Sept 09: EOD 1,722.50; Change -11.75
E-mini DOW $5 (YM) Sept 09: EOD 9,691; Change -80
E-mini S&P MidCap 400 (MF) Sept 09: EOD 692.30; Change -9.20
Nikkei 225 (Yen) Sept 09: EOD 10,315; Change -75

World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
Euro 0.6786 to U.S. Dollars 1.4736
Japanese Yen 91.3500 to U.S. Dollars 0.0109
British Pound 0.6116 to U.S. Dollars 1.6352
Canadian Dollar 1.0750 to U.S. Dollars 0.9320
Swiss Franc 1.0265 to U.S. Dollars 0.9742

COMMODITY MARKETS:
Energy Sector - Nymex:
Light Crude (October 09) shed $2.79, EOD $68.97 per barrel ($US per barrel)
Heating Oil (November 09) shed $0.05, EOD $1.79 a gallon ($US per gallon)
Natural Gas (November 09) gain $0.23, EOD $4.75 per million BTU ($US per mmbtu.)
Unleaded Gas (October 09) shed $0.08, EOD $1.70 a gallon ($US per gallon)

Metals Markets - Comex:
Gold (December 09) shed $1.10, EOD $1,014.40 ($US per Troy ounce)
Silver (December 09) shed $0.21, EOD $16.91 ($US per Troy ounce)
Platinum (October 09) shed $11.40, EOD $1,333.00 ($US per Troy ounce)
Copper (December 09) gain $0.06, EOD $2.81 ($US per pound)

Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
Lean Hogs (December 09) gain $1.30, EOD $50.05
Pork Bellies (February 10) shed $1.23, EOD $80.18
Live Cattle (December 09) gain $1.40, EOD $85.75
Feeder Cattle (November 09) gain $1.18, EOD $97.95

Other Commodities - Chicago Board of Trade (cents per bushel):
Corn (December 09) gain $4.50, EOD $330.25
Soybeans (November 09) shed $1.50, EOD $920.50

BOND MARKET:
2 year EOD 100 2/32, change 4 16/32, Yield 0.96, Yield change 0.01
5 year EOD 99 1/32, change 8/32, Yield 2.36, Yield change -0.05
10 year EOD 101 25/32, change 10/32, Yield 3.40, Yield change -0.04
30 year EOD 105 6/32, change 2/32, Yield 4.19, change 0.00

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