Markets In Asia, Japan -1.6%. Hong Kong -0.8%. China -0.2%. India -0.3%. In Europe, at midday, London -1.2%. Paris -1.6%. Frankfurt -2%. Futures at 6:20, Dow -1.1%. S&P -1.2%. Nasdaq -1.5%. Crude -2.1% to $55.43. Gold +0.8% to $1303.30. Bitcoin -4.8% to $8333. Ten-year Treasury Yield -7 bps to 2.16% Source: Seeking Alpha http://mam.econoday.com/ 8:30Personal Income and Outlays9:15Fed’s Bostic: “Assessing … Continue reading
Markets Futures are heading higher ahead of the data, following last night’s slump that came amid a protracted trade dispute and intensifying yield curve. Contracts tied to the DJIA are now indicating a 75 point advance, while 10-year Treasury notes eased … Continue reading
Markets 10-year Treasury yield heads to 2% With risk aversion increasing globally in recent days, bonds are rallying. At the beginning of May, the yield on the 10-year Treasury was about 2.55%, but it’s now hovering around the 2.22% level, … Continue reading
Markets U.S. stock index futures are pointing to slight losses following Memorial Day weekend, with the DJIA down 27 points as caution prevailed over the fate of trade talks between Washington and Beijing. In Asia, Japan +0.4%. Hong Kong +0.4%. China +0.6%. India +0.2%. In Europe, at … Continue reading
Markets Wall Street is hoping to cap the last day of a tough week with modest gains, following a 300-point rout for the Dow Jones Industrial Average last night that tipped the benchmark into a week-to-date decline of just over 1%. … Continue reading
Markets EU elections, Brexit drama and the usual U.S.-China tensions are rattling U.S. stock index futures, with Dow and the S&P 500 down 1% and Nasdaq off by 1.5%. A flurry of U.S economic reports are also on tap, including the latest weekly … Continue reading
Markets In Asia, Japan +0.1%. Hong Kong +0.2%. China -0.5%. India +0.4%. In Europe, at midday, London +0.5%. Paris +0.1%. Frankfurt +0.3%. Futures at 6:20, Dow -0.3%. S&P -0.3%. Nasdaq -0.4%. Crude -0.8% to $62.65. Gold flat at $1273.50. Bitcoin -0.3% to $7911. Ten-year Treasury Yield flat at 2.42% (Source: Seeking Alpha) Economic Calendar http://mam.econoday.com/ 1:00Fed’s Bullard: … Continue reading
Markets In Asia, Japan -0.1%. Hong Kong -0.5%. China +1.2%. India -0.9%. In Europe, at midday, London +0.6%. Paris +0.5%. Frankfurt +1%. Futures at 6:20, Dow +0.5%. S&P +0.6%. Nasdaq +0.9%. Crude +0.3% to $63.38. Gold -0.2% to $1275.40. Bitcoin +0.8% to $7978. Ten-year Treasury Yield flat at 2.41% Economic Calendar http://mam.econoday.com/ 8:55Redbook Chain Store Sales10:00Existing Home Sales10:45Fed’s Evans Speech12:00 … Continue reading
Markets A move by the White House on Friday to remove steel import tariffs on Canada and Mexico added to optimism overnight, but U.S. stock index futures have now turned around, pointing to opening losses of 100 points for the DJIA. In … Continue reading
Markets In Asia, Japan +0.9%. Hong Kong -1.2%. China -2.5%. India -1.4%. In Europe, at midday, London -0.3%. Paris -0.4%. Frankfurt -0.8%. Futures at 6:20, Dow -0.4%. S&P -0.5%. Nasdaq -0.6%. Crude +1.2% to $63.60. Gold -0.1% to $1285.20. Bitcoin -10.1% to $7215. Ten-year Treasury Yield -2 bps to 2.38% (Source: Seeking Alpha) Economic Calendar http://mam.econoday.com/ 10:00Quarterly Services Report10:00Consumer … Continue reading