Markets Futures wavered between slight gains and losses overnight with investors largely attuned to the Fed’s symposium in Jackson Hole, Wyoming, over the next two days. In Asia, Japan +0.1%. Hong Kong -0.8%. China -0.1%. India -1.6%. In Europe, at midday, London -0.6%. Paris -0.4%. Frankfurt -0.1%. Futures at 6:20, … Continue reading
Markets In Asia, Japan -0.3%. Hong Kong +0.2%. China flat. India -0.8%. In Europe, at midday, London +1.1%. Paris +1.5%. Frankfurt +1.2%. Futures at 6:20, Dow +0.7%. S&P +0.8%. Nasdaq +0.9%. Crude +0.9% to $56.65. Gold -0.4%to $1509.30. Bitcoin -4.4% to $10203. Ten-year Treasury Yield +3 bps to 1.59% Source: Seeking Alpha https://seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ 10:00Existing Home Sales10:30EIA Petroleum … Continue reading
Markets In Asia, Japan +0.6%. Hong Kong -0.2%. China -0.1%. India -0.2%. In Europe, at midday, London +0.3%. Paris flat. Frankfurt -0.1%. Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.1%. Crude -0.3% to $56.01. Gold +0.2% to $1514.50. Bitcoin -0.2% to $10674. Ten-year Treasury Yield -3 bps to 1.56% Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar: https://www.investing.com/economic-calendar/ 8:55Redbook Chain … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong +2.2%. China +2.1%. India +0.1%. In Europe, at midday, London +0.9%. Paris +0.9%. Frankfurt +1%. Futures at 6:20, Dow +0.9%. S&P +0.9%. Nasdaq +1%. Crude +1.2% to $55.45. Gold -0.9% to $1510.20. Bitcoin +3.3% to $10693. Ten-year Treasury Yield +7 bps to 1.61% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar https://www.investing.com/economic-calendar/ 10:00E-Commerce Retail Sales *****New PTG … Continue reading
Markets Equities somewhat stabilized yesterday after days of wild swings, with DJIA futures now up by 260 points and S&P 500 and Nasdaq futures ahead by 1% and 1.4%, respectively. In Asia, Japan -0.2%. Hong Kong +0.9%. China +0.3%. India +0.1%. In Europe, at midday, … Continue reading
Markets Recession fears took hold yesterday as short-term Treasurys paid more than long-term notes, a warning sign that investors are rapidly shifting their money into bonds to shield against potential losses they could incur by holding equities. No trouble? A brief … Continue reading
Markets Tariff relief led to big gains for Wall Street on Tuesday, though U.S. stock index futures are now pointing to losses of 0.6% as weaker-than-expected data from China and Germany dimmed the global outlook. Yesterday, the U.S. Trade Representative announced that fresh … Continue reading
Markets U.S. stock index futures are under pressure for yet another day as risk-off sentiment takes hold of the markets. Hong Kong riots are spiraling, the PBOC set the yuan weaker than the previous session and there are fears of … Continue reading
Markets In Asia, Japan closed. Hong Kong -0.4%. China +1.5%. India closed. In Europe, at midday, London -0.3%. Paris -0.3%. Frankfurt -0.1%. Futures at 6:20, Dow -0.5%. S&P -0.5%. Nasdaq -0.5%. Crude -1.4% to $53.76. Gold +0.3% to $1513.70. Bitcoin +1.2% to $11371.Ten-year Treasury Yield -4 bps to 1.69% Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar: https://www.investing.com/economic-calendar/ 2:00 PMTreasury Budget … Continue reading
Markets In Asia, Japan +0.4%. Hong Kong -0.7%. China -0.7%. India +0.7%. In Europe, at midday, London -1.1%. Paris -0.2%. Frankfurt -1%. Futures at 6:20, Dow -0.5%. S&P -0.5%. Nasdaq -0.7%. Crude +1.1% to $53.13. Gold +0.4% to $1514.80. Bitcoin -0.8% to $11765. Ten-year Treasury Yield -2 bps to 1.69% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar https://www.investing.com/economic-calendar/ 8:30Producer Price Index1:00 PMBaker-Hughes … Continue reading