Markets Shares across Europe and U.S. futures are drifting lower on the final day of November, as markets watch ongoing trade developments between the world’s two largest economies. President Trump and China’s Xi Jinping are expected to meet on the … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets U.S. stock index futures are pulling back after a stellar session on Wednesday, when the DJIA closed up over 600 points following a dovish speech by Jerome Powell. He said the Fed’s benchmark interest rate was “just below” neutral, … Continue reading
Markets U.S. stock index futures rose 0.3% ahead of the speech, with the dollar nearing 2018 highs, powered by remarks from Larry Kudlow that the upcoming G20 summit was an opportunity to “turn the page” on the U.S.-Sino trade war. Other … Continue reading
Markets In Asia, Japan +0.6%. Hong Kong -0.2%. China flat. India +0.5%. In Europe, at midday, London -0.3%. Paris -0.3%. Frankfurt -0.4%. Futures at 6:20, Dow -0.2%. S&P -0.3%. Nasdaq -0.5%. Crude flat at $51.61. Gold +0.1% to $1223.90. Bitcoin -5.5% to $3695. Ten-year Treasury Yield -1 bps to 3.06% (Source: Seeking … Continue reading
Markets Stock index futures are pointing to major gains at the open, with the Dow up more than 300 points as crude prices rebound. Equities could get a further boost later this week if a trade breakthrough arises from … Continue reading
Markets U.S. stock index futures are pointing to a weaker open, with an abbreviated trading session on tap and many traders absent from their desks. From a stock market perspective, history suggests this is a very good time for retail … Continue reading
Markets In Asia, Japan -0.4%. Hong Kong +0.5%. China +0.2%. India -0.8%. In Europe, at midday, London +0.8%. Paris +0.4%. Frankfurt +0.7%. Futures at 6:20, Dow +0.5%. S&P +0.6%. Nasdaq +0.8%. Crude +1.7% to $54.36. Gold +0.3%to $1224.80. Bitcoin +3.2% to $4509. Ten-year Treasury Yield +2 bps to 3.07% (Source: Seeking Alpha) Economic … Continue reading
Markets Stocks across the globe slid overnight, extending the latest wave of selling amid pressure on the technology sector. Each of the five “FAANG” stocks closed in bear territory on Monday, further shaking confidence in a group that has propelled … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong +0.7%. China +0.9%. India +0.9%. In Europe, at midday, London +0.4%. Paris flat. Frankfurt -0.1%. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude +0.3% to $56.82. Gold -0.1% to $1222.20. Bitcoin -5% to $5258. Ten-year Treasury Yield +1 bps to 3.08% (Source: Seeking Alpha) … Continue reading
Markets U.S. stock index futures are set to open in the red, hit by disappointing results from Nvidia (NASDAQ:NVDA) that slugged the tech sector. The chipmaker forecast disappointing sales for the holiday quarter, pinning the blame on unsold inventory after … Continue reading