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Proprietary Trading Morning Market Update June 19 2013

Top Economic News:

US Stocks Fluctuate Awaiting Fed Comments. U.S. stocks fluctuated following a two-day rally in the Standard & Poor's 500 Index, as investors awaited the outcome of a Federal Reserve meeting for signs about when it plans to scale back stimulus measures.

Wall Street Trading Desks Defy 2nd-Quarter Curse. Wall Street banks, buoyed by record stock-market prices and high-yield bond issuance, probably will report a jump in second-quarter trading and investment-banking revenue from the same period a year ago.

US Oil Boom Hurst OPEC. Surging U.S. oil production and greater energy conservation are helping keep a lid on oil prices worldwide and may be limiting the sway OPEC holds over world markets.

Proprietary Trading Economic Calendar:

 

 

Date

Time (NYSE:ET)

Statistic

For

Actual

Briefing Forecast

Market Expects

Prior

Revised From

19-Jun

7:00 AM

MBA Mortgage Index

15-Jun

-3.30%

NA

NA

5.00%

-

19-Jun

10:30 AM

Crude Inventories

15-Jun

0.313M

NA

NA

2.523M

-

19-Jun

2:00 PM

FOMC Rate Decision

Jun

-

0.25%

0.25%

0.25%

 

Proprietary Trading Earnings Announcements:

Company

Symbol

EPS

Time

Add to My

Conference

Estimate*

Calendar

Call

Actuant Corp

ATU

0.59

Before Market Open

Add

Listen

Bellzone Mining PLC

BZM.L

N/A

Time Not Supplied

Add

 

Berkeley Group Holdings PLC

BKG.L

N/A

Before Market Open

Add

 

Castings PLC

CGS.L

N/A

Time Not Supplied

Add

 

Catalis SE

XAE.F

N/A

04:45 am ET

Add

 

China Communication Telecom Services Co Ltd

8206.HK

N/A

Time Not Supplied

Add

 

China Hydroelectric Corp

CHC

N/A

After Market Close

Add

 

ChinaEdu Corp

CEDU

0.17

After Market Close

Add

 

Cinedigm Digital Cinema Corp

CIDM

-0.11

After Market Close

Add

 

CLARCOR Inc

CLC

0.67

After Market Close

Add

 

Credit Foncier de Monaco SA

MLCFM.PA

N/A

Time Not Supplied

Add

 

Crown Crafts Inc

CRWS

N/A

Before Market Open

Add

 

D-Box Technologies Inc

DBO.TO

N/A

Before Market Open

Add

 

Dane-Elec Memory SA

DAN.PA

N/A

Time Not Supplied

Add

 

Darty PLC

DRTY.L

N/A

Time Not Supplied

Add

 

Excel Maritime Carriers Ltd

EXMCF

-0.4

Time Not Supplied

Add

 

FedEx Corp

FDX

1.96

07:30 am ET

Add

Listen

Finisar Corp

FNSR

0.17

After Market Close

Add

 

Groupe Vial SA

VIA.PA

N/A

Time Not Supplied

Add

 

Hanwei Energy Services Corp

HE.TO

N/A

Time Not Supplied

Add

 

Imagination Technologies Group PLC

IMG.L

N/A

Before Market Open

Add

 

ITE (Holdings) Ltd

8092.HK

N/A

Time Not Supplied

Add

 

Jabil Circuit Inc

JBL

0.54

After Market Close

Add

 

Liontrust Asset Management PLC

LIO.L

N/A

Time Not Supplied

Add

 

Micro Focus International PLC

MCRO.L

N/A

Before Market Open

Add

 

Micron Technology Inc

MU

0.02

After Market Close

Add

 

Ossen Innovation Co Ltd

OSN

N/A

Time Not Supplied

Add

 

Peerless Systems Corp

PRLS

N/A

Time Not Supplied

Add

 

Prismaflex International SA

PRS.PA

N/A

After Market Close

Add

 

Red Hat Inc

RHT

0.31

After Market Close

Add

 

Speymill PLC

SYG.L

N/A

Time Not Supplied

Add

 

Steelcase Inc

SCS

0.13

After Market Close

Add

 

Telecom Reseaux Services SA

ALTRS.PA

N/A

Time Not Supplied

Add