Markets In Asia, Japan -0.5%. Hong Kong +0.2%. China +0.5%. India +0.1%. In Europe, at midday, London +0.2%. Paris +0.9%. Frankfurt +0.7%. Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.1%. Crude +1% to $52.85. Gold +0.1% to $1240.30. Ten-year … Continue reading
Markets In Asia, Japan +0.5% . Hong Kong +0.7%. China +0.5%. India -0.2%. In Europe, at midday, London -0.1%. Paris +0.5%. Frankfurt +0.1%. Futures at 6:20, Dow +0.1%. S&P flat. Nasdaq +0.1%. Crude -0.7% to $51.83. Gold +0.2% to $1238.80. … Continue reading
Markets A light week of economic news is being overshadowed by a flurry of corporate results. Traders will be looking for S&P 500 firms to maintain the 7.5% average profit increase that has marked an encouraging Q4 earnings season so … Continue reading
Markets ECB President Mario Draghi is set to give his regular testimony in Brussels, where he is expected to face questions on the central bank’s policy path, including when it might start to taper, or wind down, its €2.3T quantitative … Continue reading
Markets Investors are eyeing today’s non-farm payrolls report, which will offer a broad snapshot of the labor market as the Trump administration took office. Economists project employers added 175,000 jobs – not far off from last year’s monthly average – … Continue reading
Markets Six more weeks without a rate hike? The Fed kept interest rates on hold at its January policy meeting, its first since Donald Trump assumed the presidency, but said “measures of consumer and business sentiment have improved of late.” … Continue reading
Markets The Federal Reserve is expected to keep interest rates unchanged today in its first policy decision since President Trump took office, as the central bank awaits greater clarity on his economic policies. Trump has promised greater infrastructure spending, tax … Continue reading
Markets Economic growth for the eurozone rose 1.7% last year, growing at a faster rate than the U.S. managed when averaged across the whole of 2016. That’s the first time that happened since 2008. The region’s jobless rate also fell … Continue reading
Markets U.S. equity index futures are down about 0.3%, while the dollar weakened slightly, following President Trump’s executive order on immigration, which clamped down on refugee admissions and temporarily banned travelers from seven predominantly Muslim countries. “America is a proud … Continue reading
Markets The U.S. economy likely ended 2016 with a mild groan more than a rousing cheer, at least according to the government’s end-of-year report card. Gross domestic product is forecast to taper off to 2.2% in Q4, meaning the U.S. … Continue reading