Oct 9 – FOMC Mins: Fed Held Off On Hike Amid Worries About Low Inflation

EMOTION MOVING MARKETS NOW: 42/100 FEAR

PREVIOUS CLOSE: 37/100 FEAR

ONE WEEK AGO: 18/100 EXTREME FEAR

ONE MONTH AGO: 13/100 EXTREME FEAR

ONE YEAR AGO: 4/100 EXTREME FEAR

Put and Call Options: GREED During the last five trading days, volume in put options has lagged volume in call options by 31.29% as investors make bullish bets in their portfolios. However, this among the lowest levels of put buying seen during the last two years, indicating greed on the part of investors.

Market Volatility:  NEUTRAL The CBOE Volatility Index (VIX) is at 17.42. 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) | 10 YR T NOTE | 2 YR T  NOTE | 5 YR T NOTE | 30 YR TREASURY BOND | SOYBEANS | CORN

 

MEME OF THE DAY – NO HIKE! TOLD YOU FOOL!

 

UNUSUAL ACTIVITY

QCOM OCT WEEKLY2 56 PUTS 5500+ @$.55 on offer

MJN NOV 75 CALL Activity 3300+ @$2.66-2.80

X NOV 14 CALL Activity continues over 10k+ @$.42 on the offer

YUME SC 13D/A Filed by AVI Partners

SPRT SC 13D Filed by Vertex Capital

More Unusual Activity…

HEADLINES

 

FOMC Mins: Many Fed officials expected liftoff later this year

FOMC Mins: Fed held off on hike amid worries about low inflation

Fed’s Kocherlakota: Fed should cut interest rates

GOP in disarray as McCarthy drops out of Speaker race

ECB Mins: ECB Opted for More Time to Analyze Economic Risks

ECB’s Praet: Seeping pessimism hindering recovery

ECB’s Weidmann rejects calls for easier monpol

BoE holds policy, signals rate can stay lower

BoE’s Carney: Timing of Fed hike not decisive for BoE

UK Citi/YouGov 1-Year Inflation Expectations (Sept): 1.5% (Prev 1.4%)

Germany to press UK for EU negotiation details

IMF Lagarde urges global policymakers to support eco growth

OECD Leading Indicator: Growth outlook moderating

Moody’s: China’s sovereign rating can withstand slower growth

Fitch: Sharp China slowdown is top global rating risk

 

GOVERNMENTS/CENTRAL BANKS

FOMC Mins: Fed held off on hike Amid worries About low inflation –WSJ

FOMC Mins: Many Fed officials expected liftoff later this year –ForexLive

Kocherlakota: Fed should cut interest rates –Rtrs

Moody’s Zandi: Fed to hike In December, sees four hikes in 2016 –Rtrs

Republicans in disarray as Kevin McCarthy drops out of House speaker race –Guardian

McCarthy exits house speaker race –FT

BoJ Kuroda: EM slowdown hitting Japan economy and exports –ForexLive

Lagarde urges global policymakers to support economic growth –Guardian

OECD Leading Indicator: Outlook Of Moderating Growth In Most Major Economies

ECB Minutes: ECB Opted for More Time to Analyze Economic Risks –BBG

ECB’s Praet: Seeping pessimism hindering recovery –BBG

ECB’s Praet: Premature to Judge Emerging Market Impact on EMU Growth –MNI

ECB’s Weidmann: Core EMU Growth Projections Remain Intact –MNI

ECB’s Weidmann Rejects Calls For Easier MonPol ?-Welt

Germany Leading Institutes Cut 2015 GDP Growth view To 1.8% From 2.1% –ForexLive

BoE votes 8-1 to hold policy, signals rate can stay lower –ET

BoE’s Carney: Timing of Fed hike not decisive for BoE –BForexLive

Angela Merkel to press David Cameron for EU negotiation details

Riksbank Skingsley: Riksbank remains ready to act –FXstreet

Pimco updates global growth forecasts

FIXED INCOME

Treasury yields take a dive after Fed minutes –CNBCz

US sells 30-year bonds at 2.914% vs 2.920% WI –ForexLive

PBOC to sell up to 5bn yuan of 1y bills in London –Rtrs

HSBC: Get set for a chunky rally in bonds –FT

ENERGY/COMMODITIES

EIA Nat Gas Storage Number (Oct 2): 95 (est 99, prev 98)

WTI surpasses $50 for first time since July –FT

Saudi Arabia Said to Order Spending Curbs Amid Oil Price Slump –BBG

Goldman Sachs makes the case for crude downside –ForexLive

Gartman says commodity prices have bottomed –BBG

BoE checks commodity exposures of UK banks –FT

Gold prices rebound on dovish central banks, silver slumps on China –ForexLive

EQUITIES

M&A: Blackstone to buy BioMed Realty in $8 bln deal –Rtrs

M&A: Dell, EMC in talks to merge –CNBC

AUTOS: GM recalls 32k SUVs, says wipers could cause motor to catch fire –AP

AUTOS: Volkswagen’s U.S. head: individuals did emissions cheating –Beeb

LEGAL: Bill Gross to sue PIMCO for $200m –CNBC

TELECOMS: Vodafone joins calls for BT to be broken up –FT

MEDIA: Sony Is Said to Weigh Sale of Portion of Music Catalog –NYT

EARNINGS: Goldman to release results on website, drops BusinessWire –CNBC

UNIONS: Fiat, UAW reach deal; union claims ‘significant gains’ –USAT

TRADING: Nasdaq launches tool to monitor dark pool trading –Rtrs

EMERGING MARKETS

Moody’s: China’s sovereign rating can withstand slower growth

Moody’s: Slower growth and rising credit risk are symptoms of China’s challenge of structural rebalancing

Fitch Radar: Sharp China Slowdown is Top Global Ratings Risk

 

Alibaba’s Ma says concerns about China consumption overdone –Rtrs

First published here: http://www.zerohedge.com/news/2015-10-08/oct-9-fomc-mins-fed-held-hike-amid-worries-about-low-inflation

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