Markets Stock futures rebounded from early overnight losses of as much as 1.6% after Pres. Trump said Chinese officials had called him to say they want to restart trade talks. In Asia, Japan -2.17%. Hong Kong -1.91%. China -1.17%. India +2.1%. In Europe, at midday, London … Continue reading
Markets The annual Jackson Hole symposium is in the spotlight again today. While the gathering in the Grand Tetons typically gravitates toward academic discussions on policy, this year’s meeting has heightened political, trade and rate considerations swirling around it. Federal Reserve … Continue reading
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