Markets Crude oil was sharply lower at the time of writing despite the IEA predicting the “largest cut in non-OPEC supply in more than two decades” due to low prices, and as Goldman Sachs warned that crude could collapse to … Continue reading
Markets European and Asian shares have tracked yesterday’s U.S. stock performances and have pulled back after enjoying strong gains earlier this week, although U.S. futures were back in the green at the time of writing. For those looking for reasons … Continue reading
Markets Japan’s Nikkei index has surged 7.7% amid a rally in global equities, helped by the prospect of corporate tax cuts, further stimulus in China and overselling. Prime Minister Shinzo Abe has pledged to cut rates by 3.3 percentage points … Continue reading
Markets Global equities were roaring higher at the time of writing following an uptick in eurozone GDP growth and contrasting German and Chinese trade data. While the data was good in Europe, it was poor in China, although the figures … Continue reading
Markets Investors are getting ready to digest one of the most significant data releases of the summer for its implications on the timing of the first rate hike since 2006. Due at 8:30 a.m. ET, the August non-farm payrolls report … Continue reading
Markets Traders will be listening to announcements from the European Central Bank today, as President Mario Draghi and the governing council gather in Frankfurt to set monetary policy and discuss the state of Europe’s economy. Economists expect the inflation forecast … Continue reading
Markets World markets are on track for a calmer day after the Shanghai Composite stabilized following a shaky start to Wednesday trading. Nine Chinese brokerages pledged additional funds worth over 30B yuan to purchase shares, the China Securities Journal reported, … Continue reading
Markets It’s another stormy day for stocks across the world after twin surveys showed China’s manufacturing sector in the grip of its worst slump in several years. China’s official Purchasing Managers’ Index fell to 49.7 in August from the previous … Continue reading
Trading Market’s to a break (as I did) this past Friday, following a wild week of wide range, highly volatile trading. Traders and investors alike decided to spend some well deserved time away from the screens. Price has now … Continue reading
Markets After some of the most turbulent market days in recent memory, the weekend can’t come soon enough for many investors. Panicked selling on Monday and Tuesday gave way to a rush to buy on Wednesday and Thursday. However, there … Continue reading