Markets Gold climbed to a seven-week high today bolstered by a weaker dollar and continuing expectations the Fed won’t hike interest rates in 2015. “Markets are continuing to price in doubt about a Fed rate hike in December despite Vice … Continue reading
Markets World shares are green across the board, although U.S. futures are holding their breath, after details from the Fed’s minutes cast further doubt on the prospect of a rate rise this year. European stocks just broke a one-month high … Continue reading
Markets Earnings season is about to get underway, starting with Alcoa’s (NYSE:AA) results after the market close which kick off corporate reports for the third quarter. Wall Street is on edge and traders are carefully watching market action to see … Continue reading
Markets Oil prices are on the rise again following a near 5% jump on Tuesday. The surge is being triggered by data from the American Petroleum Institute showing a 1.2M barrel decrease in crude stocks last week, expectations of increasing … Continue reading
Markets Officially joining the 0% bond club, the U.S. Treasury sold a new government security on Monday containing a three-month maturity and a yield of zero for the first time on record. In essence, buyers gave a free short-term loan … Continue reading
Markets Today’s Economic Calendar PTG Trading Early sell-off following NFP Report could not hold the lows of session as buyers came in with abandon bidding up price straight into settlement at highs of session. Today is Cycle Day 1 (CD1) … Continue reading
Markets Leading equity markets were broadly higher at the time of writing ahead of the U.S. September jobs report this morning. Economists expect the growth in nonfarm payrolls to have accelerated to 203,000 from 173,000 in August and for the … Continue reading
Markets Global equities continued where they left off yesterday and were higher at the time of writing despite tepid manufacturing PMI data out of China and Europe. Still, Chinese PMI did improve even if manufacturing continued to contract, raising hopes … Continue reading
Markets Global equities were higher at the time of writing and were set to end what’s been a brutal three months on a positive note. Many major markets have suffered their worst quarter for a number of years amid fears … Continue reading
Markets European stocks were mixed and U.S. futures were broadly higher at the time of writing as Glencore shares recovered from their whipping yesterday. The company’s performance in the previous session helped push Asian equities sharply lower today, while continued … Continue reading