Markets Stock markets across the globe are starting the week on the back foot after a shock contraction in Chinese exports, which fell 4.4% from a year earlier. Imports also unexpectedly contracted, falling 7.6%, pointing to deepening cracks in the … Continue reading
Markets In Asia, Japan +1%. Hong Kong +0.6%. China +0.7%. India -0.3%. In Europe, at midday, London -0.1%. Paris -0.4%. Frankfurt -0.3%. Futures at 6:20, Dow flat. S&P -0.1%. Nasdaq -0.2%. Crude +0.6% to $52.92. Gold +0.4% to $1292.50. Bitcoin -4% to $3618. Ten-year Treasury Yield -1 bps to 2.72% (Source: Seeking Alpha) … Continue reading
Markets U.S. stock index futures are pointing to the first loss in five sessions for Wall Street amid further concerns of a slowdown in the world’s second largest economy. China’s consumer price index dropped to 1.9%, well below the 3% … Continue reading
Markets Stocks across the globe are marching higher after U.S.-China trade talks were extended for an unscheduled third day, fueling optimism that the world’s largest economies can avoid an all-out confrontation. Progress was seen on issues including purchases of U.S. … Continue reading
Markets U.S. futures appear to be looking at the glass half full again as the world’s two largest economies conclude talks to resolve their ongoing trade dispute. U.S. Commerce Secretary Wilbur Ross has predicted Beijing and Washington could reach a … Continue reading
Markets In Asia, Japan +2.4%. Hong Kong +0.8%. China +0.7%. India +0.4%. In Europe, at midday, London -0.4%. Paris -0.3%. Frankfurt -0.3%. Futures at 6:20, Dow +0.06%. S&P -0.04%. Nasdaq -0.15%. Crude +2.8% to $49.30. Gold +0.5% to $1,292.30. Bitcoin +5.2% to $4,103. Ten-year Treasury Yield -1.4 bps to 2.645% (Source: Seeking Alpha) Economic … Continue reading
Markets A big market rebound is taking shape across the board after China’s commerce ministry announced that vice ministerial-level trade talks with the U.S. would be held on Jan. 7-8, as the two sides look to end a bruising dispute. … Continue reading
Markets The volatility continues… After closing the first trading session of the year in the green, U.S. stock futures plunged overnight as Apple (NASDAQ:AAPL) cut its quarterly revenue forecast for the first time since 2007. The unprecedented move in the … Continue reading
Markets With the first trading session of the year on deck, investors are sketching their market predictions for 2019. Will the trade war continue? How about volatility on Wall Street? Oil prices and OPEC? Dollar downturn? Next steps for monetary … Continue reading