Markets Futures are edging into the green ahead of the January payrolls report due at 8:30 ET. Consensus calls for 190K jobs added, with the unemployment rate holding steady at 5%. Traders in interest rate markets have essentially priced out … Continue reading
Markets The relationship between stocks and the price of oil has been the subject of much investor discussion recently, and there are many ideas why this correlation (0.67) might exist. Despite ample supply and record-high U.S. crude inventories, wild swings … Continue reading
Markets Japanese shares led losses across Asia today, amid ongoing volatility in the oil market, a stronger yen, and weak earnings from Nomura that hit brokerages. The downturn also reflects fading expectations that the Bank of Japan will take supportive … Continue reading
Markets Chinese shares climbed higher today after the country’s central bank injected more liquidity into the financial system and guided the renminbi to its highest fix in almost a month. The PBOC added 100B yuan ($15.2B) in short-term loans to … Continue reading
Markets Equities enter the new month on shaky ground, following the S&P’s worst January since 2009 (-5.1%) and a volatile month for oil prices. About a fifth of S&P 500 companies will report earnings this week, while lots of economic … Continue reading
Markets The Bank of Japan shocked financial markets overnight by adopting negative interest rates for the first time ever, in a desperate attempt to kick start the world’s number three economy. A rate of -0.1% will now apply to excess … Continue reading
Markets Uncertainty over the future path of U.S. interest rates is weighing on other stocks around the globe, although U.S. futures are seeing gains on upbeat earnings sentiment from Facebook (FB). On Wednesday, the Fed kept interest rates unchanged and … Continue reading
Markets Markets are awaiting a policy decision from the U.S. Federal Reserve later in the session and a statement that might yield signs regarding the pace of future rate hikes. Citing improved inflation and other data, the central bank raised … Continue reading
Markets Equities across the globe are heading lower for a second day as Chinese markets slumped and oil fell back below $30/bbl overnight, following news that Iraq’s output hit a record high and Saudi Arabia pledged to maintain energy investment. … Continue reading
Markets Fund managers that were relaxed about slightly tighter monetary policy last month are wondering whether that was complacent, as concerns surface over whether they’re now operating without the safety net they had grown attached to during the post-financial crisis. … Continue reading