Markets The financial markets have priced in a 50 basis-point rate cut by the Federal Reserve at this week’s FOMC meeting, possibly the third in the last three meetings. Opinions vary on the effectiveness of the cuts since rates are already … Continue reading
Markets In Asia, Japan +0.22%. Hong Kong -0.49%. China +0.48%. India +0.01%.In Europe, at midday, London -0.52%. Paris -0.05%. Frankfurt -0.22%.Futures at 6:20, Dow +0.01%. S&P +0.07%. Nasdaq +0.12%. Crude -0.20% to $56.12. Gold +0.20% to $1,507.70. Bitcoin +0.20% to $7,490.Ten-year Treasury Yield +1 bps to 1.775%. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 10:00Consumer Sentiment1:00 PMBaker-Hughes Rig Count2:00 … Continue reading
Markets U.S. stock futures are pointing slightly higher ahead of another busy day of earnings reports. Amazon (NASDAQ:AMZN), Twitter (NYSE:TWTR), Intel (NASDAQ:INTC), Visa (NYSE:V) and Comcast (NASDAQ:CMCSA) are among the notable companies stepping up to the plate. In Asia, Japan +0.55%. … Continue reading
Markets In Asia, Japan +0.3%. Hong Kong -0.8%. China -0.4%. India +0.1%.In Europe, at midday, London +0.4%. Paris -0.4%. Frankfurt flat.Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude -1.1% to $53.90. Gold +0.7% to $1497.40. Bitcoin -3.3% to $7996.Ten-year Treasury Yield -3 bps to 1.74% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 7:00MBA … Continue reading
Markets Futures search for direction U.S. stocks wavered between slight gains and losses overnight as traders continue to assess whether the two major themes dominating sentiment all year – the U.S.-China trade war and Brexit – will turn out all … Continue reading
Markets In Asia, Japan +0.25%. Hong Kong +0.02%. China +0.05%. India closed.In Europe, at midday, London +0.19%. Paris +0.06%. Frankfurt +0.56%.Futures at 5:40, Dow +0.08%. S&P +0.17%. Nasdaq +0.23%. Crude -0.82% to $53.43. Gold +0.01% to $1,494.30. Bitcoin +3.2% to $8,241.Ten-year Treasury Yield +2.8 bps to 1.776%. (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar 11:40Fed’s Bowman Speech … Continue reading
Markets In Asia, Japan +0.18%. Hong Kong -0.48%. China -1.32%. India +0.51%.In Europe, at midday, London -0.16%. Paris -0.27%. Frankfurt +0.24%.Futures at 5:40, Dow -0.11%. S&P -0.10%. Nasdaq -0.19%. Crude +0.72% to $54.32. Gold -0.45% to $1,491.60. Bitcoin -1.62% to $7,951.Ten-year Treasury Yield +1.1 bps to 1.766%. Source: Seeking Alpha https://seekingalpha.com Economic Calendar 10:00Fed’s George Speech10:00Fed’s Kaplan Speech10:00Leading … Continue reading
Markets In Asia, Japan -0.09%. Hong Kong +0.69%. China -0.05%. India +1.07%.In Europe, at midday, London +0.55%. Paris +0.53%. Frankfurt +0.76%.Futures at 6:20, Dow +0.49%. S&P +0.47%. Nasdaq +0.52%. Crude -0.32% to $53.19. Gold -0.37% to $1,488.50. Bitcoin -0.5% to $8,119.Ten-year Treasury Yield +4.2 bps t Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 8:30Initial Jobless Claims8:30Philly Fed Business Outlook8:30Housing … Continue reading
Markets In Asia, Japan +1.20%. Hong Kong +0.61%. China -0.41%. India +0.02%.In Europe, at midday, London -0.20%. Paris -0.27%. Frankfurt -0.01%.Futures at 5:30, Dow -0.32%. S&P -0.33%. Nasdaq -0.29%. Crude -0.47% to $52.61. Gold +0.24% to $1,487. Bitcoin -2% to $8,136.Ten-year Treasury Yield -4.5 bps to 1.724%. (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar 8:30Retail Sales9:00Fed’s Evans: Monetary … Continue reading
Markets U.S. futures are up this morning as the earnings season kicks off with several major financial earnings reports. BlackRock (NYSE:BLK), Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Wells Fargo (NYSE:WFC) and JPMorgan Chase (NYSE:JPM) are scheduled to report before the bell, In … Continue reading