September 30th, 2016
Below is the news when it happened and the market’s reaction. All Times are Eastern Standard Time.
10 :08 AM - September final Consumer Sentiment 91.2 vs the 90 expected. MBS edging lower. Stocks in rally mode.
9:57 AM - Stocks are trading higher soon after the open, Dow +90 points.
9:47 AM - September Chicago PMI 54.2 vs the 52.0 expected.
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8:38 AM - The Core PCE rises 1.7% on an annual basis in August, up 0.1%.
8:36 AM - August Core PCE +0.2%, inline, up from 0.1% in July.
8:35 AM - Personal Incomes rose 0.2% in August, inline, Personal Spending 0.2%, inline.
8:15 AM - S&P futures near unchanged after yesterday's rout on the Deutsche Bank concerns.
8:14 AM - A bevy of economic data will be released this morning. Personal Income & Spending, Core PCE (8:30), Chicago PMI (9:45) and Consumer Sentiment (10).
8:12 AM - U.S. dollar index 95.86, +0.38.
8:11 AM - WTI oil $47.62/barrel, -$0.22.
8:10 AM - 10-yr T Note yield 1.54%.
8:01 AM - Despite yesterday's plunge in U.S. Stocks, MBS closed near unchanged as prices can't seem to rise above the current multi-year highs. MBS look to open near unchanged on the last day of the month and quarter.
Yesterday - Yellen says Fed purchases of stocks, corporate bonds could help in a downturn