Stocks Stabilize Amid Mixed Economic News

Still reeling from Tuesday’s big plunges, markets in Europe and North America are trading flat to down slightly this morning. US index futures are trading down 0.1% to 0.5%. European trading finds the Dax down 0.2% and the FTSE up

Inflation Continues To Impact Trading in Stocks and Bonds

US index futures had been trying to mount a comeback in the early hours of this morning but were unable to get very far relative to yesterday’s major US index declines of 4.0%-5.0% and have slipped back into the red

Stocks Drop as Inflation Comes in Worse Than Expected

US index futures have turned sharply downward this morning dropping 0.8% to 1.2% in the minutes following a hotter than expected US consumer price inflation report. Headline CPI came right down the middle at 8.3%, which was higher than the

US Dollar Backslides Ahead of Tomorrow’s Inflation Report

The US Dollar has dropped back to start the new trading week, taking some of the pressure off of other currencies and commodities. The Euro is up 1.0% and trading a full penny above par, while the Pound is up

Global Markets Bounce Into the Weekend

The stock market rebound which started on Wednesday has continued to accelerate overnight. In Asia Pacific trading, the Hang Seng soared 2.7%, while in Europe this morning, both the Dax and the FTSE are up 1.4%. US premarket trading finds

Stocks Pause as ECB Raises Interest Rates

Yesterday’s US market rally, which saw major indices snap multi-day losing streaks with gains of 1.4% to 2.1%, which appears to have been a trading bounce, easing oversold conditions as there has been limited follow-through overnight and into this morning.

Treasury Yields Climb As Investors Await Bank of Canada and Beige Book

Interest rate and central bank news dominates the calendar today and tomorrow. The Bank of Canada’s latest interest rate decision and statement is due at 10:00 am EDT with the Governing Council widely expected to announce a 0.75% rate increase,

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North American stock markets have returned to trading this morning with traders in more of an upbeat mood. The three main US index futures contracts are up 0.4% to 0.5%, clawing back some of Friday’s losses of 1.0% to 1.3%

Stocks Climb on Strong Payrolls; Energy Markets Mixed

With a long weekend in North America approaching, US markets have been trying to stabilize. Yesterday the Dow and the S&P snapped losing streaks with gains of 0.5% and 0.3% respectively. The NASDAQ, however, fell another 0.2% and the small

September Starts Soft on China, Manufacturing, and Employment News

US stock markets were unable to hold on to their early gains yesterday and the three main indices finished the month with losses of 0.6%-0.8%. Bears have increasingly gained the upper hand overnight and into this morning. Asia Pacific trading

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