Stocks mixed as bonds, Oil climb. Dollar slips, Pound jumps on higher retail sales. Fed meeting expectation for Fed’s plans to unwind its balance sheet. Today the Fed will officially announce the starting point to unwind its balance sheet. while keeping rates unchanged, perhaps hiking again in December (market odds at 56%), while revising its economic… Continue reading Daily Markets Overview, 20 Sept.
Global Bond Trashing Sends S&P Futures, European Stocks Sliding French debt auction sparks wider selloff after weak demand ECB discussed removing easing bias, minutes show; oil gains Stocks slid Thursday while German government bond yields climbed to their highest since early 2016 as investors bet central banks were edging closer… Continue reading Markets Update, 6 July
European equities rise with technology and industrial stocks leading U.S. Stocks mixed Dollar strengthens before July 4 holiday; gold declines Oil rebound takes Brent above $49 a barrel Gold at 7-week low The Stoxx Europe 600 was up 0.6% in recent trading Monday, on track to snap a four-session losing… Continue reading Daily Markets Update, 3 July
Stocks Recover Investors look at Inflation Stocks Rebound led by Tech Sector Stock futures slightly higher watch consumer spending data Confrontational Trump ready to fight in all fronts. U.S. stock index futures were slightly higher on Friday, a day after Wall Street fell sharply, as investors awaited a slew of economic data,… Continue reading Markets Daily Update, 30 June
Wall St. lower : tech selloff outweighs bank gains Daily swings in the tech megacaps widest vs. S&P since 2014 European Stocks in the red: slide in rate-sensitive sectors. “Speeches by the Bank of Canada, the European Central Bank and the Bank of England over the last three weeks look to be a… Continue reading Daily Markets Update, 29 June
Stocks Struggle in Europe. Global Shares Pause as Oil Price Continues to Drag U.K. stocks fall as pound gains one year after Brexit vote. With front-month futures down 4.3 percent since last Friday, crude was poised for a fifth week of declines as the supply glut shows no signs of ending. Saudi Arabia,… Continue reading Daily Markets Update, 23 June
Fall in Oil Prices Weigh: European Stocks and U.S. Futures lower on Oil Price drop British Pound drops on S&P Rating Outlook. European stocks gave up gains as a slump in commodities including oil and copper dragged down miners and energy shares. Shares of drilling and oil service companies… Continue reading Daily Markets Update, 20 June