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
Markets Shares across the globe are skyrocketing after Wall Street cracked a six-day losing streak with its best rally in nearly four years. With momentum turning to the upside, investors seem to be covering their positions, while long-term bulls snap … Continue reading
Markets U.S. stock index futures are heading sharply higher after a failed attempt to rally from the Dow’s worst 3-day point decline in history and the loss of $900B in the S&P 500 over the last two sessions. Traders keep … Continue reading
Markets Global markets look to regain their footing after a harsh start to the week. Leading Asian markets fell again with the Shanghai Composite Index closing with a 7.6% loss and the Nikkei down 4.0%, while other key Asian markets … Continue reading
Markets World stock markets fell sharply again as panic selling in China has picked right back up to start the week. China’s stock markets have now wiped out the gains built up during the year. The Shanghai Composite Index closed … Continue reading
Economy World stocks are heading for their worst week of the year after data showed Chinese factory activity shrinking at the fastest pace since 2009. Marking the fifth straight month of contraction, the flash Caixin/Markit China Manufacturing PMI fell to … Continue reading
Economy Oil prices are continuing to collapse, and the bottom remains elusive because not one of the world’s largest producers is showing any signs of blinking. WTI crude slumped over 4% on Wednesday on data showing an unexpected U.S. supply … Continue reading