Markets In Asia, Japan flat. Hong Kong +1.2%. China flat. India +0.4%. In Europe, at midday, London +0.4%. Paris -0.1%. Frankfurt -0.2%. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude -0.1% to $59.03. Gold +0.5% to $1396.20. Bitcoin -10.1% to $9852. Ten-year Treasury Yield -2 bps to 2.01% Source: Seeking Alpha https://seekingalpha.com Economic Calendar http://mam.econoday.com/ 6:35Fed’s Williams … Continue reading
Markets U.S.-China trade truce relief shows in stock markets futures, which indicate strong gains at the open. Nasdaq futures gain 1.7%, while the S&P futures rise 1.1% and Dow futures point to a 274-point, or 1%, advance. Stoxx Europe 600 Index rises 0.8% in morning trading. In … Continue reading
Markets In Asia, Japan -0.3%. Hong Kong -0.3%. China -0.6%. India -0.5%. In Europe, at midday, London +0.3%. Paris +0.3%. Frankfurt +0.5%. Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.1%. Crude +0.2% to $59.55. Gold +0.3%to $1416.70. Bitcoin -0.2% to $11806. Ten-year Treasury Yield +2 bps to 2.02% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar http://mam.econoday.com/ 8:30Personal Income and … Continue reading
Markets In Asia, Japan +1.2%. Hong Kong +1.4%. China +0.7%. India -0.1%. In Europe, at midday, London +0.1%. Paris flat. Frankfurt +0.5%. Futures at 6:20, Dow -0.3%. S&P +0.2%. Nasdaq +0.2%. Crude -1.1% to $58.85. Gold -0.7% to $1405.90. Bitcoin -7.7% to $11619. Ten-year Treasury Yield flat at 2.05% Source: Seeking Alpha https://seekingalpha.com Economic Calendar http://mam.econoday.com/ 8:30Initial Jobless Claims8:30GDP Q18:30Corporate … Continue reading
Markets DJIA futures are ahead by 123 points, with stronger-than-expected earnings from Micron pushing Nasdaq futures up 0.8%, as positive trade comments from Treasury Secretary Steve Mnuchin added to gains (see below). It followed a series of Fed comments on Tuesday that … Continue reading
Markets Investors are peeling back from recent record highs, taking a defensive stance on risk amid a new set of sanctions on Iran and as U.S. officials downplayed expectations for a breakthrough on China talks at this weekend’s G20 summit. … Continue reading
Markets U.S. equity index futures are pointing to gains of 0.3% at the open, meaning the DJIA will only need to gain another 70 points during today’s session to top its record close of 26,828 posted last October. In Asia, Japan +0.1%. Hong Kong +0.1%. … Continue reading
Markets U.S. stock index futures wavered overnight, currently down around 0.2%, after a major session for Wall Street yesterday that saw the S&P 500 surge almost 1% to its first record close since April. Iran is as good excuse as any for the slight … Continue reading
Markets Bond yields fall, stocks soar As the Fed spreads its dovish wings, the yield on the benchmark 10-year Treasury dropped below 2% overnight for the first time since November 2016. The FOMC left interest rates unchanged at its monetary … Continue reading
Markets Episode 4 of FOMC Season 2019 airs this afternoon (2:00 p.m. ET) and it looks like the Fed is backed into a corner. A failure now to suggest a rate cut later this year – or a pivot back to … Continue reading