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
Markets Following a bout of market volatility, stocks across the world are attempting to stabilize amid stronger-than-expected Chinese trade data that eased concerns about a sharp deterioration in the global economic outlook. U.S. stocks whipsawed yesterday, with the DJIA swinging … Continue reading
Markets Markets are getting some more relief as the PBOC set its official midpoint reference for the yuan at 6.9996 on Wednesday, weaker than the 6.9683 set Tuesday but still stronger than the key 7 per dollar level. Dow and S&P … Continue reading