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Markets Daily Update, 17 January

      Dow futures point  push toward 26,000 Oil prices slump for 2nd day European Stocks fall Crypto crash ahead   Asian equities stepped back from a record high as the region’s resource shares were knocked by falling oil and commodity prices, however, Chinese shares bucked the trend, climbing to a fresh record in… Continue reading Markets Daily Update, 17 January

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Daily from Wall Street, March 27

    Global Stocks Slide, S&P Futures Tumble Below 50 DMA “Trump Trade” Collapses     And the Euro: Euro€ jumps to highest since Nov.Dollar down as investors seek way out after 5 months “party” USD dollar rates against : South Africa rand hard hit on political SA moves Today’s Markets In Asia, Japan -1.4%.… Continue reading Daily from Wall Street, March 27

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Daily: News from WS, March 8

    ADP Says Companies in U.S. Hired the Most in Almost Three Years Companies added the most workers in almost three years to U.S. payrolls in February on a surge in construction and manufacturing employment, data from the ADP Research Institute in Roseland, New Jersey, showed Wednesday.   The number of stock analysts raising… Continue reading Daily: News from WS, March 8

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News From Wall Street

  Yellen is due to speak in Philadelphia this afternoon, following a rather shockingly NFP data and the course the dollar took. Investors are all ears on the talk and the tips Fed Chairwoman will be releasing on the prospects of the interest rate direction.The event will also offer the last insight into Fed thinking… Continue reading News From Wall Street

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Wall Street at Breakfast

Markets eyes Key Jobs Report Top up the week will later on when May’s nonfarm payrolls are released by the Labor Department. U.S. job gains likely remained moderate at 158,000 due to a strike at Verizon (NYSE:VZ), but an anticipated drop in the unemployment rate to 4.9% should indicate underlying labor strength is still intact. A strong… Continue reading Wall Street at Breakfast

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Mid-Day News Round

  News Summary from Bloomberg: Business Briefing 1) Iran Resists Saudi Gesture for Unity as OPEC Fractures Reappear Iran resisted overtures from OPEC’s largest producer Saudi Arabia to restore a production target scrapped at the group’s last meeting in December. “I don’t agree with an overall output ceiling for OPEC,” Iranian Oil Minister Bijan Namdar Zanganeh… Continue reading Mid-Day News Round

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Wall Street at Breakfast

News From WS Sell before summer fell short this year with solid gains in the U.S., traders are already looking ahead to see what June will bring for stocks and the markets. They’ll get a head start this week with an economic data deluge ranging from the monthly jobs report to figures on inflation, manufacturing, and… Continue reading Wall Street at Breakfast