Markets Oil prices are on the rise again following a near 5% jump on Tuesday. The surge is being triggered by data from the American Petroleum Institute showing a 1.2M barrel decrease in crude stocks last week, expectations of increasing … Continue reading
Markets Officially joining the 0% bond club, the U.S. Treasury sold a new government security on Monday containing a three-month maturity and a yield of zero for the first time on record. In essence, buyers gave a free short-term loan … Continue reading
Markets Today’s Economic Calendar PTG Trading Early sell-off following NFP Report could not hold the lows of session as buyers came in with abandon bidding up price straight into settlement at highs of session. Today is Cycle Day 1 (CD1) … Continue reading
Markets Leading equity markets were broadly higher at the time of writing ahead of the U.S. September jobs report this morning. Economists expect the growth in nonfarm payrolls to have accelerated to 203,000 from 173,000 in August and for the … Continue reading
Markets Global equities continued where they left off yesterday and were higher at the time of writing despite tepid manufacturing PMI data out of China and Europe. Still, Chinese PMI did improve even if manufacturing continued to contract, raising hopes … Continue reading
Markets Global equities were higher at the time of writing and were set to end what’s been a brutal three months on a positive note. Many major markets have suffered their worst quarter for a number of years amid fears … Continue reading
Markets European stocks were mixed and U.S. futures were broadly higher at the time of writing as Glencore shares recovered from their whipping yesterday. The company’s performance in the previous session helped push Asian equities sharply lower today, while continued … Continue reading
Markets Shanghai was sharply lower early in the session, but managed to eke out a 0.3% gain by the end Monday’s trade. Hong Kong also finished in the green, adding 0.4%. The Nikkei closed off its lows, but still fell … Continue reading
Markets Markets across the globe are on the rise after Fed Chair Janet Yellen eased concerns that last week’s decision to keep rates near zero had put off a rate rise for the foreseeable future. In yesterday’s speech at the … Continue reading
Markets Fed Chair Janet Yellen is scheduled to speak this evening on “inflation dynamics and monetary policy” at the University of Massachusetts. Traders are particularly eyeing her comments on inflation, after the Fed held off on a rate hike last … Continue reading