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22 Sep - Fed's Bullard: I Would Have Dissented On Rate Hold

EMOTION MOVING MARKETS NOW: 29/100 FEAR

PREVIOUS CLOSE: 16/100 EXTREME FEAR

ONE WEEK AGO: 13/100 EXTREME FEAR

ONE MONTH AGO: 11/100 EXTREME FEAR

ONE YEAR AGO: 41/100 FEAR

Put and Call Options: FEAR During the last five trading days, volume in put options has lagged volume in call options by 25.25% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating fear on the part of investors.

Market Volatility:  NEUTRAL The CBOE Volatility Index (VIX) is at 20.14. This is a neutral reading and indicates that market risks appear low.

Stock Price Strength: FEAR The number of stocks hitting 52-week lows exceeds the number hitting highs and is at the lower end of its range, indicating fear.

 

PIVOT POINTS

EURUSD | GBPUSD | USDJPY | USDCAD | AUDUSD | EURJPY | EURCHF | EURGBPGBPJPY | NZDUSD | USDCHF | EURAUD | AUDJPY 

S&P 500 (ES) | NASDAQ 100 (NQ) | DOW 30 (YM) | RUSSELL 2000 (TF) Euro (6E) |Pound (6B)

EUROSTOXX 50 (FESX) | DAX 30 (FDAX) | BOBL (FGBM) | SCHATZ (FGBS) | BUND (FGBL)

CRUDE OIL (CL) | GOLD (GC)

 

MEME OF THE DAY – I JUST LOVE MY NEW SWEATER….

 

UNUSUAL ACTIVITY

PYPL SEP WEEKLY4 33 CALLS @$1.10

AMD JAN 3 CALL Activity by offer .. 28754 @$.10 block

TEVA NOV 67.5 CALL Activity 4500+ @$1.25-1.30

MHFI President,SPCIQ/SNL Financial P    11,000  A  $ 94.7807

JGW  .. sc 13d fILED BY TRISHIELD CAPITAL .. 17.4% STAKE

HOS .. SC13G .. Anchor Bolt Capital .. 6.4%

More Unusual Activity…

HEADLINES

 

Fed's Lockhart favours 2015 US rate rise

Fed's Bullard: I Would Have Dissented On Rate Hold

US Existing Home Sales Aug: 5.31m (Est 5.50m; Rev Prev 5.58m)

ECB's Nowotny: Interest rates to stay low as long as growth is low

ECB's Praet: Environment difficult, not out of the woods yet

ECB's Linde: QE will continue until inflation targets have been achieved

EU expects Greek review to happen this Autumn Following Tsipras' Victory

BoE's Cunliffe: Interest Rates Likely To Rise

Volkswagen Shares Tumble Following Emissions Allegations

Zurich Insurance Ends Takeover Talks With RSA

Apple to finalize engineering on first electric car by 2019: sources

Lennar Tops Expectations as Housing Market Continues to Improve

Mexico Keeps Rate at Record Low 3% After Fed Waits to Increase

 

GOVERNMENTS/CENTRAL BANKS

Fed Lockhart favours 2015 US rate rise --FT

Fed Bullard: I Would Have Dissented On Rate Hold --CNBC

ECB Nowotny: Interest rates to stay low as long as growth is low --RTRS

ECB Praet: Environment difficult, not out of the woods yet --ForexLive

ECB Linde: ECB programme will continue until inflation targets have been achieved --RTRS

BoE Cunliffe: Interest Rates Likely To Rise --Chronicle

Bundesbank: Economic Momentum In Germany Continued Over The Summer --RTRS

BoC's Poloz: Lower CAD is cushioning the damage from oil price declines --Globe & Mail

Tsipras win tests Greece bailout monitors --FT

EU expects Greek review to happen this Autumn --ForexLive

Syriza Party Source: Greek Debt Relief Talks At Top Of Tsipras Agenda

Fitch: Greek Election Broadly Credit Neutral, Risks Still High

Spanish main parties hold lead ahead of Podemos: Poll --RTRS

FIXED INCOME

US bond prices fall on stock gains, Fed officials' remarks --RTRS

Greek yields fall after Syriza win; Spain, Portugal underperform --Rtrs

ECB PSPP: EUR 326.718bln, +EUR 12.249bln (Prev +EUR 13.022bln To EUR 314.469bln)

ECB CBPP: EUR 118.262bln, +EUR 2.155blnn (Prev +EUR 3.892bln to EUR 116.107bln)

ECB ABSPP: EUR 12.006bln +EUR 146mln (Prev +EUR 366mln to EUR 11.86bln)

FX

USD: Dollar climbs as Fed still seen as first central bank to hike rates --MktWatch

EUR: EUR/USD hovers below 1.1200 --FXStreet

MXN: USD/MXN rises to 6-day high as Banxico leaves rates unchanged --FXStreet

HKMA back in selling HKD 2.3bln to maintain trading band --ForexLive

ENERGY/COMMODITIES

US crude futures surge 4%, amid signals of reduced drilling activity --Investing.com

Oil Speculators Most Bullish on U.S. Crude Price in Two Months --BBG

Gold retreats from 3-week high as dollar, equities rise --RTRS

Copper recovers from two-week low, but China doubts persist --RTRS

EQUITIES

US Stocks gain, led by financial shares; drugmakers drop --Yahoo

Biotech selloff dents Wall Street rally --MktWatch

FTSE 100 ends flat as miners weigh --Proactive Investors

VW, RSA hammered as Europe ends mostly higher --CNBC

EARNINGS: Lennar Tops Expectations as Housing Market Continues to Improve --WSJ

M&A: Zurich Insurance Ends Takeover Talks With RSA --WSJ

M&A: Dialog Semiconductor to buy US peer Atmel for $4.6bln --RTRS

M&A: Deutsche Wohnen offers to buy peer LEG Immobilien in $5.2bln deal --RTRS

AUTOS: Volkswagen Shares Tumble Following Emissions Allegations --WSJ

AUTOS: Fitch Says Deepening Emission Test Crisis Could Pressure VW Ratings

TECH: Apple to finalize engineering on its first electric car by 2019, sources say --WSJ

TECH: Apple cleaning up iOS App Store after first major attack --RTRS

INDUSTRIALS: Caterpillar Rolling 3-Month Sales To Aug -11% Globally --247 Wall St

ENERGY: Denbury Resources Suspends Dividend --WSJ

ENERGY: UK competition watchdog extends energy market probe by six months --RTRS

CONS GOODS: Tesco Close To Pulling GBP 700mln Data Unit Sale --Sky News

EMERGING MARKETS

China Premier Li Says There Is No Basis For More CNY Depreciation --ForexLive

Britain, China eye stock connect, nuclear and rail deals --RTRS

 

Mexico Keeps Rate at Record Low 3% After Fed Waits to Increase --BBG