Investors Consider Monetary Policy Related News While Awaiting OPEC+ Decision

Building on Tuesday’s gains, US index futures are up 0.3%-0.6% this morning. Over in Europe, the Dax is up 1.0%, while the FTSE is down slightly. In Asia Pacific trading, the Hang Seng dropped 2.0% overnight. Treasury yields continue to

Canadian Retail Sales Come In Strong

Please note the Morning Minutes will not be issued on Monday, they should return on Tuesday November 28. With investors focused on big sales stateside, we have seen spending strength on the Canadian side of the border. Headline (0.6% vs

US Thanksgiving: Family, Turkey, Football and Shopping

US equities went into the holiday weekend on a positive note with gains of 0.4%-0.6% on Wednesday. This morning, US index futures, which close shortly, are basically flat and bond markets are also closed. With the US closed, European trading

Crude Oil Crumbles as OPEC+ Delays Meeting

US equities are acting this morning like the heavy hitters already have one foot out the door. Typically equity trading during US Thanksgiving week slows down Wednesday afternoon, is closed Thursday for turkey and football, sees a quiet Friday half

Retailer Earnings and Fed Minutes In Focus

It seems like some investors have gone into US holiday mode early this week. US index futures have been drifting downward through the morning with the three main contracts currently down 0.2%-0.3%. Over in Europe, the Dax is flat, but

Stocks Consolidate Recent Gains as US Thanksgiving Week Begins

US Thanksgiving week is off to a quiet start so far. US Index Futures are flat to down 0.1%, while in Europe, the DAX and FTSE are both down about 0.35%. Treasury yields are stable with the US 10-year Treasury

Specialty Retailers Soar As Gap Results Blow By Expectations

US markets continue to consolidate the big rebound of the first two weeks of this month, and are currently trading flat to up 0.3%. European markets appear to be looking to finish the week strong with the Dax and FTSE

Soft Retail and Tech Guidance Overshadows Earnings Beats

Just a day after an earnings beat by Target sent its shares up 17.75%, several US stocks are selling off in US premarket action despite beating the street on earnings, as forward-looking investors have focused more on signs of softness

Positive Retail Sales and Retail Earnings Reports Boost Equity Markets

A series of positive inflation and retail sales reports from around the world overnight and into this morning has ignited another rally for world equity markets. Building on gains of 1.4%-2.3% for major US indices, US index futures are up

Stocks Rally, Yields Drop as US Inflation Pressures Ease Slightly

After trading flat for much of the morning, US index futures have jumped following the release of today’s US inflation numbers. Currently, the three main index futures contracts are up 0.8% to 1.4% with NASDAQ futures leading the way upward.