Markets Global markets fall back Asian stocks fell back after President Trump’s threat to raise tariffs on Chinese goods reverberated across the Pacific Ocean. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng Index was off 0.75%. Japan’s Nikkei slipped 0.6% and Australia’s … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets Futures edge higher Equities posted fresh records on Monday, but closed little changed, as the Trump administration issued a new 90-day extension allowing U.S. companies to continue doing business with China’s Huawei. The next catalyst for stock market movement … Continue reading
Markets U.S. markets scored another hat trick on Friday as the S&P 500, Nasdaq and Dow hit fresh records, while the latter topped 28,000 for the first time ever. Stock futures now suggest gains of another 0.2% at the open. The move upward … Continue reading
Markets While major U.S. equity indexes recorded another flat close on Thursday, things are looking brighter ahead with DJIA futures up more than 100 points before the open. Trade developments… White House economic adviser Larry Kudlow signaled talks over the first phase of … Continue reading
Markets U.S. stock index futures are pulling back slightly, edging down 0.2%, after Disney (NYSE:DIS) shares on Wednesday lifted the DJIA and S&P 500 to record closing highs. Talks between Washington and Beijing are thought to have hit a snag over … Continue reading
Markets In Asia, Japan -0.9%. Hong Kong -1.8%. China -0.3%. India -0.6%.In Europe, at midday, London -0.5%. Paris -0.5%. Frankfurt -0.8%.Futures at 6:20, Dow -0.4%. S&P -0.4%. Nasdaq -0.5%. Crude -0.7% to $56.40. Gold -0.8% to $1465.60. Bitcoin +0.3% to $8751.Ten-year Treasury Yield -3 bps to 1.88% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 8:30Consumer Price Index10:00Atlanta Fed’s Business … Continue reading
Markets In Asia, Japan +0.8%. Hong Kong +0.5%. China +0.2%. India closed.In Europe, at midday, London +0.3%. Paris +0.3%. Frankfurt +0.6%.Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude +0.6% to $57.20. Gold -0.3% to $1452.80. Bitcoin +0.2% to $8736.Ten-year Treasury Yield +1 bps to 1.95% Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 8:55Redbook … Continue reading
Markets In Asia, Japan -0.3%. Hong Kong -2.6%. China -1.8%. India +0.1%.In Europe, at midday, London -1.3%. Paris -0.2%. Frankfurt -0.6%.Futures at 6:20, Dow -0.4%. S&P -0.5%. Nasdaq -0.5%. Crude -1.5% to $56.36. Gold +0.2% to $1466.40. Bitcoin -1.7% to $8685.Ten-year Treasury Yield +2 bps to 1.95% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar No event scheduledVeterans dayBond … Continue reading
Markets In Asia, Japan +0.3%. Hong Kong -0.7%. China -0.5%. India -0.8%.In Europe, at midday, London -0.2%. Paris -0.1%. Frankfurt -0.1%.Futures at 6:20, Dow -0.1%. S&P -0.2%. Nasdaq -0.2%. Crude -1.8% to $56.10. Gold -0.1% to $1464.50. Bitcoin -1.7% to $9034.Ten-year Treasury Yield flat at 1.92% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 10:00Consumer Sentiment10:00Wholesale Trade11:45Fed’s Daly Speech1:00 PMBaker-Hughes … Continue reading
Markets U.S. stock index futures turned sharply higher overnight, climbing 0.6%, as China’s Ministry of Commerce said the the world’s two largest economies had agreed to remove duties on each other’s goods in phases. In Asia, Japan +0.1%. Hong Kong +0.6%. China flat. India +0.5%.In … Continue reading