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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
Category Archives: PTG Daily Trade Strategy
Markets U.S. futures are indicating a lower open on Wall Street, despite a dovish statement from the Federal Reserve Wednesday afternoon that boosted stocks and sent the S&P 500 to its highest level of the year. The Fed held rates … Continue reading
Markets Global shares are holding steady as markets await the outcome of the U.S. Federal Reserve’s policy meeting. While no rate move is expected at the Fed’s gathering, it does include updates of members’ economic projections and a news conference … Continue reading
Markets Waiting to assess the impact of its entry into negative interest rates, the Bank of Japan kept its powder dry following the second day of its March policy meeting, but downgraded its assessment of the economy. Exports and production … Continue reading
Markets Global shares are trading higher across the board, buoyed by last week’s gains on Wall Street that saw the Dow and S&P 500 close above their 200-day moving averages for the first time this year. Investors are also shaking … Continue reading
Markets Fickle financial markets have once again proven how volatile they can be. For nearly an hour on Thursday, stocks were roaring after ECB President Mario Draghi announced a range of better-than-expected stimulus measures, but fell back during his usual … Continue reading
Markets “Whatever it takes, whatever we must, without undue delay, no limits,” are some of the words ECB President Mario Draghi has used regarding more stimulus over the last several months, but today we’ll see if he’s ready to put … Continue reading
Markets Today marks the seven-year anniversary of the current bull market for U.S. stocks, which have logged more than 84 months without posting a decline of 20% that marks a retreat into bear territory. According to S&P Dow Jones Indices, … Continue reading
Markets China’s February trade performance was far worse than economists had expected, days after top leaders at the National People’s Congress sought to reassure investors about the world’s second-largest economy. Exports fell 25.4% from a year earlier, the biggest drop … Continue reading
Markets It looks like the bulls have gained the upper hand in the U.S. stock market, with shares advancing for their third straight week in a row, following an impressive jobs report on Friday that showed recent economic worries were … Continue reading