Fed Watch - Federal Reserve News

The Fed Watch RSS feed contains news about the Federal Reserve. Some traders, particularly bond and stock traders follow Federal Reserve Activity and try to quickly detect any sign of a potential increase or decrease in the Fed target rate.

Here are some examples of Fed news that appeared on July 9, 2010 and that are downloaded by this Fed Watch object:
- Because if the Fed Knows How to Do One Thing, It's How to Have Meetings
- What can the Fed do to help recovery?
- Federal Reserve presidents Hoenig, Fisher say no more stimulus needed

For each Federal Reserve News, the date, title, description, category and link are stored in an intraday database called "fed_watch". This database can be accessed by the vector-based language of this trading software or by the custom trading indicators tools to create for example a news sentiment indicator or to calculate the number of Fed news that contains a given keyword or set of keywords for each trading day.
The category field of the database contains the news item provider. Providers include Sound Money, Corporate Council, Denver Post, Nasdaq, CNBC, Yahoo, FoxBusiness.com, BusinessWeek, Institutional Investor, Market Watch, UPI, Mother Jones, Washington Post and Reuters.

The data is downloaded from an RSS feed provided by Congoo website. ^FED_WATCH is the ticker symbol that is associated with the Feed news data. The close price of this symbol is always equal to one. I have created this symbol so that Federal Reserve news can be stored under a unique symbol and can therefore be easily accessed and displayed.

Federal Reserve Trading Objects:
Federal funds effective rate is a downloader that gets historical data of the Fed effective rate.
Federal Funds - target rate gets the history of the Fed target rate.

Technical Analysis

• Longterm Investments
• Week of Month
• Trading Rules based on the Relative Strength Index - RSI Indicator
• Deutscher Aktienindex (DAX)
• RSI GT 1%
• Brent and Crude Oil Continuous Futures Contracts - Intraday Data
• CloseHL Percent Rank Oscillator
• Least Squares Regression Line
• Floor Traders Pivots
• Multi TimeFrame RSI
• More trading objects...

Fundamental Analysis

• NSX - Daily short selling data
• AAII Sentiment Survey - Historical Data
• Detect and Display Potential Splits on a Chart
• UK Economic Data - Average Earnings Index
• Currency Pairs Calendar Data
• Bankruptcy Filings - Chapter 7
• Analyst Days Since Last Rating
• EPS Estimate Revisions
• Price to Book Ratio Historical Data - Market to Book
• Analyst Rating
• More trading objects...