Markets The markets are flashing red ahead of today’s jobs report, as traders expect strong numbers in March to put a Fed rate hike back on the table. Nonfarm payrolls likely increased 205K last month, with the unemployment rate holding … Continue reading
Markets U.S. averages are set to close out a roller-coaster first quarter at 2016 highs following a big reversal this month that propped up stocks. With Q1 earnings on tap, oil market volatility, interest rate decisions, and global growth worries, … Continue reading
Markets World stocks are flying higher as investors welcomed Fed Chair Janet Yellen’s “cautious” stance on raising U.S. interest rates. In a speech Tuesday, Yellen said global and financial uncertainties posed risks to the domestic economy and justified a slower … Continue reading
Markets U.S. Fed Chair Janet Yellen is due to speak at a highly anticipated Economic Club of New York luncheon today, and she has some explaining to do. On the heels of a surprisingly dovish press conference at the FOMC’s … Continue reading
Markets China’s industrial profits returned to growth in the first two months of 2016, despite weakening business conditions and slowing economic growth. Profits in January and February combined rose 4.8% to 780.7B yuan ($119.8B), following seventh straight months of decline. … Continue reading
Markets U.S. stock index futures are at session lows two-and-one-half hours ahead of the open, with the S&P 500 and Nasdaq 100 down 0.5%, and DJIA down 0.4%.Shanghai’s 1.6% decline led Asia lower overnight, and Germany’s off 1.6% to lead … Continue reading
Markets U.S. futures are hugging the flatline as traders brushed off jitters related to the Brussels attacks and appetite for equities waned ahead of the long Easter weekend. “Generally, the impact of terror attacks has become less and less dramatic … Continue reading
Markets Just a few days after the FOMC slashed its forecast for the number of rate hikes this year, two Fed speakers suggested the central bank could move as soon as its next meeting. “There is sufficient momentum evidenced by … Continue reading
Markets U.S. inflation will likely accelerate in coming years and move toward the Federal Reserve’s 2% target, Richmond Fed President Jeffrey Lacker said during a speech at the Banque de France in Paris. “Inflation has been held down recently by … Continue reading
Markets Crude prices are flirting with new 2016 highs, as U.S. oil heads for a fifth week of gains, marking the longest rising streak in about a year for the benchmark. The run has brought WTI above $40 per barrel, … Continue reading