Markets In Asia, Japan -0.1%. Hong Kong +0.4%. China -1.3%. India +0.6%. In Europe, at midday, London +0.9%. Paris +0.1%. Frankfurt +0.3%. Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude -0.2% to $69.06. Gold +0.1% to $1219.30. Bitcoin -3.4% to $6487. Ten-year Treasury Yield flat at 2.97% (Source: Seeking Alpha) … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong +1.5%. China +2.7%. India -0.1%. In Europe, at midday, London +0.9%. Paris +0.8%. Frankfurt +0.9%. Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.3%. Crude +0.8% to $69.55. Gold +0.5% to $1223.30. Bitcoin +1.6% to $7049. Ten-year Treasury Yield flat at 2.95% (Source: Seeking Alpha) Economic Calendar … Continue reading
Markets In Asia, Japan -0.1%. Hong Kong +0.5%. China -1.3%. India +0.4%. In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.3%. Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +1.5% to $69.50. Gold -0.4% to $1218.20. Bitcoin -0.9% to $6965. Ten-year Treasury Yield flat at 2.95% (Source: Seeking Alpha) Economic Calendar … Continue reading
Markets The latest snapshot of the U.S. labor market will be released this morning, with forecasts for 193,000 payrolls for July, a strong gain but less than June’s 213,000 jobs. Meanwhile, the unemployment rate is expected to fall to 3.9% … Continue reading
Markets It’s a down day for stocks across the globe amid fears of an escalating trade dispute between the U.S. and China. “The increase in the possible tariff rate (to 25% on $200B of Chinese goods) is intended to provide … Continue reading
Markets The Fed is not expected to raise interest rates at its meeting that ends this afternoon, but its policy statement is anticipated to set the stage for a September hike and may remove language about remaining accommodative. The announcement … Continue reading
Markets In Asia, Japan flat. Hong Kong -0.5%. China +0.3%. India +0.3%. In Europe, at midday, London +0.7%. Paris +0.1%. Frankfurt +0.1%. Futures at 6:20, Dow +0.1%. S&P +0.2%. Nasdaq +0.1%. Crude -0.6% to $69.70. Gold -0.3% to $1227.30. Bitcoin -2.7% to $7946. Ten-year Treasury Yield -3 bps to 2.95% (Source: Seeking Alpha) … Continue reading
Markets Away from the earnings deluge, a huge week lies ahead for central banks before traders in the northern hemisphere leave their desks for August summer vacation. In the coming days, monetary policy meetings will take place across the U.S., … Continue reading
Markets The headliner of this action-packed week could come from the latest GDP reading, the official scorecard of the U.S. economy. The Commerce Department will release its first official estimate for the second-quarter at 8:30 a.m. ET, with many expecting … Continue reading
Markets The tech-heavy Nasdaq is set for a big down day after Facebook (NASDAQ:FB) published quarterly results that underwhelmed investors and sent the social media giant hurtling toward its biggest share price decline ever (see below). Collateral damage was spread … Continue reading