17 Sep
Mixed Markets Await Quadruple Witching, Canada Election and Big US Meetings
Stock markets around the world are mixed heading toward the weekend. The Hang Seng bounced back 1.1% overnight but finished a tough week below 25,000 and down 4.7% from last Friday. Sydney still struggled, falling 0.7% while in Europe, the
16 Sep
Stagflation Concerns and Hong Kong Breakdown Drag on Markets
Recent economic numbers pointing toward a period of stagflation (low economic growth and high inflation) and seasonal factors not only continue to drag on world markets but may have reached a tipping point overnight. The Hang Seng sold off again
15 Sep
Energy Rally, China Data, and Inflation Numbers In Focus
Disappointing economic numbers out of China overnight weighed on Asia Pacific markets overnight as Hong Kong plunged 1.8%, Tokyo lost 0.5% and Sydney slipped 0.3%. Talk of increased casino regulation in Macau, meanwhile, has weighed on casino stocks around the
14 Sep
Stocks Climb on Benign US Inflation Report; Webinar Today
US index futures have been rallying since the US consumer price report came out at 8:30 am EDT and are now up 0.1%-0.2%. The US Dollar Index basket has been falling on the news and is now down 0.25% which
13 Sep
Stocks Bounce Back to Start The Week; Webinar Tomorrow
September has historically been a choppy month for stocks and considering that North American markets have been generally trending sideways for the last six months, it’s not overly surprising that after sliding most of last week, US indices are trying
10 Sep
Canada Tapering and Employment In The Spotlight
Stock markets around the world are bouncing back this morning as some of the negative pressure of the last few days eases. US index futures are all up about 0.5%, erasing yesterday’s index losses. Overseas, the Hang Seng gained 1.9%,
09 Sep
Retail Earnings and European Tapering In Focus
While the Bank of Canada was quiet yesterday as had been widely expected, the European Central Bank announced this morning that it plans to start tapering back its emergency asset purchase program, sending a signal that the European economy is
08 Sep
Bank of Canada Preview
The Bank of Canada is meeting this morning with its latest monetary policy decision and statement due at 10:00 am. Central banks around the world usually try to stay out of politics and with a federal election campaign underway, the
07 Sep
China Trade Data Boosts Asia Markets; US Dollar Bounces Back
North American markets return to trading this morning from the Labor Day weekend and the end of summer holidays. US index futures are flat to up 0.1%, the Dax and FTSE are both down about 0.2%. In Asia Pacific trading,
03 Sep
Nonfarm Payrolls Disappointment and Service PMI Numbers In Focus
The last day of trading before the Labor Day long weekend and the end of summer holidays finds US index futures sliding into the red following today’s US job numbers after being slightly positive for most of the morning. Overseas