Markets Crude oil prices are slightly lower after yesterday’s shock surge in U.S. stockpiles. Total petroleum inventories rose a strong 17.4M barrels in the EIA report, just as new concerns over global demand cropped up. Analysts note that a perky … Continue reading
Markets Crude oil prices continue their slide after the API reported an inventory build of 3.6M barrels for the week ended August 10 vs. a draw of 6M barrels the previous week. There was a draw in gasoline stocks of … Continue reading
Markets The S&P 500 Index has a fighting chance to avoid recording its fifth straight decline as global markets shake off Turkish currency jitters. In Asia, the Nikkei carved out a 1.2% gain after a lower yen set the stage for buying … Continue reading
Markets U.S. stock futures point to a lower open, following other global markets lower in reaction to Turkey’s economic turmoil and fears of possible contagion. European bourses are following Friday’s sharp losses with a somewhat milder dropoff, with Germany’s DAX … Continue reading
Markets In Asia, Japan -1.3%. Hong Kong -0.8%. China flat. India -0.4%. In Europe, at midday, London -0.7%. Paris -1.1%. Frankfurt -1.6%. Futures at 6:20, Dow -0.4%. S&P -0.4%. Nasdaq -0.5%. Crude +0.2% to $66.91. Gold -0.1% to $1218.20. Bitcoin -2.6% to $6368. Ten-year Treasury Yield -3 bps to 2.9% (Source: Seeking Alpha) … Continue reading
Markets In Asia, Japan -0.2%. Hong Kong +0.9%. China +1.8%. India +0.4%. In Europe, at midday, London -0.7%. Paris -0.2%. Frankfurt +0.2%. Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude flat at $66.93. Gold +0.1% to $1222.60. Bitcoin +1.1% to $6346. Ten-year Treasury Yield flat at 2.96% (Source: Seeking Alpha) … Continue reading
Markets In Asia, Japan -0.1%. Hong Kong +0.4%. China -1.3%. India +0.6%. In Europe, at midday, London +0.9%. Paris +0.1%. Frankfurt +0.3%. Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude -0.2% to $69.06. Gold +0.1% to $1219.30. Bitcoin -3.4% to $6487. Ten-year Treasury Yield flat at 2.97% (Source: Seeking Alpha) … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong +1.5%. China +2.7%. India -0.1%. In Europe, at midday, London +0.9%. Paris +0.8%. Frankfurt +0.9%. Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.3%. Crude +0.8% to $69.55. Gold +0.5% to $1223.30. Bitcoin +1.6% to $7049. Ten-year Treasury Yield flat at 2.95% (Source: Seeking Alpha) Economic Calendar … Continue reading
Markets In Asia, Japan -0.1%. Hong Kong +0.5%. China -1.3%. India +0.4%. In Europe, at midday, London +0.2%. Paris +0.2%. Frankfurt +0.3%. Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +1.5% to $69.50. Gold -0.4% to $1218.20. Bitcoin -0.9% to $6965. Ten-year Treasury Yield flat at 2.95% (Source: Seeking Alpha) Economic Calendar … Continue reading
Markets The latest snapshot of the U.S. labor market will be released this morning, with forecasts for 193,000 payrolls for July, a strong gain but less than June’s 213,000 jobs. Meanwhile, the unemployment rate is expected to fall to 3.9% … Continue reading