Markets The U.S. jobs report is due to be released today in the headline event for market watchers. Economists expect U.S. non-farms payrolls to be up a strong 200K jobs for February, down from the 227K gain in January. The … Continue reading
Markets Oil prices fell again this morning following a steep 5% drop in the previous session after a surge in U.S. crude inventories dragged on sentiment. Stocks in the U.S., the world’s top oil consumer, surged last week by … Continue reading
Markets Traders this morning could get a clue about the big employment report coming on Friday – and get a good idea of how sure the case is for an interest rate hike next week. The ADP National Employment report … Continue reading
Markets Healthcare stocks will be in focus today after the GOP unveiled its Obamacare replacement bill. Alongside the end of health insurance mandates, the proposal would create a new tax credit tied to a person’s age and income for those … Continue reading
Markets In Asia, Japan -0.5%. Hong Kong +0.2%. China +0.2%. India +0.8%. In Europe, at midday, London -0.3%. Paris -0.4%. Frankfurt -0.4%. Futures at 6:20, Dow -0.2%. S&P -0.3%. Nasdaq -0.2%. Crude -0.7% to $52.94. Gold +0.3% to $1230.50. Ten-year … Continue reading
Markets More cries for a March rate hike may be heard today as investors shift their attention to Janet Yellen, who will speak at 1 p.m. ET at the Executives’ Club of Chicago. Market expectations for an increase are already … Continue reading
Markets U.S. equities surged to all-time highs on Wednesday, with major indexes posting their best day of the year, on the back of President Trump’s speech to Congress and a more hawkish Fed. The Dow advanced about 300 points to … Continue reading
Markets U.S. futures are flying higher following Donald Trump’s first address to Congress. The President pledged to overhaul the immigration system, improve jobs and wages for Americans, and promised “massive” tax relief to the middle class and tax cuts for … Continue reading
Markets Saudi Arabia wants crude prices to rise to around $60 a barrel this year, according to oil industry sources. That’s the level the OPEC heavyweight and its Gulf allies believe would encourage investment in new fields but not lead … Continue reading
Markets In Asia, Japan -0.9%. Hong Kong -0.2%. China -0.8%. India -0.3%. In Europe, at midday, London +0.2%. Paris -0.1%. Frankfurt +0.1%. Futures at 6:20, Dow flat. S&P flat. Nasdaq -0.1%. Crude +0.6% to $54.32. Gold -0.1% to $1256.90. Ten-year … Continue reading