Stocks Slide With Flash PMI Reports and Canadian Bank Earnings In Focus

Yesterday’s market selloff that saw US indices drop 1.9% to 2.5% has continued through overseas trading overnight and into this morning. Asia Pacific trading saw Tokyo and Sydney retreat 1.2% while Hong Kong fell 0.8%. In Europe today, the Dax

High Inflation, Poor Earnings and Yellen Comments Crush Stocks and Oil

The first day of US earnings season finds index futures getting hammered 1.1% to 1.6%, accelerating yesterday’s US index losses of 0.2%-0.6%. European markets are also selling off today with the Dax down 1.3% and the FTSE down 1.0%. The

Canadian Bank and US Retailer Earnings Dominate Morning News

Building on yesterday’s gains of 0.6% to 1.5% for the main US indices, US index futures are up 0.2% to 0.6% this morning. Over in Europe, the FTSE is up 0.6% and the Dax is up 0.8%. In the wake

Interest Rate Hikes and Strong Bank Earnings In Focus

For the last several months, the Reserve Bank of New Zealand has been the lead domino among central banks in tightening moves, first starting to raise rates by 0.25% a meeting starting last fall and then accelerating to a 0.50%

Retail Sales Plunge and Soft US Bank Earnings Send Stocks Sliding

US index futures are in retreat again this morning, falling 0.50%-0.75% and adding to yesterdays losses of 0.5% for the Dow, 1.4% for the S&P 500 and 2.5% for the NASDAQ. Russell 2000 futures have dropped back under 2,150 and

Employment, Energy and Earnings In The Spotlight

US index futures are in the green this morning with gains of 0.2% to 0.3%, building on yesterday’s index rebounds that varied between 0.8% for the NASDAQ and 1.8% for the Dow. It has been a mixed morning for North

OPEC+ Meeting and Bank Earnings In Focus

Stock markets around the world have continued to struggle in the wake of yesterday’s rebound rally failure which saw stocks climb in the morning but falter and fall into another lower close. While Dow futures are up 0.75% today, NASDAQ

Stocks Bounce Back as December Arrives and Bank Earnings Continue

The arrival of December has seen stock markets around the world rebound with end of the month selling pressure easing. Overseas, the Dax is up 1.8% and the FTSE is up 1.4%, while overnight, the Hang Seng rose 0.8% and

Canadian Bank Earnings Season Starts Off Strong

Please note that after today, the Morning Minutes are resuming their summer break and will return on Thursday September 2. Colin Cieszynski is scheduled to appear on BNN Bloomberg today just after 4:00 pm EDT.   Canadian bank earnings week

A Positive Start To A Big Week For Market News

Continuing a rebound which started late last week, equity markets around the world are off to a positive start this week. US index futures plus the FTSE and the Dax are all up 0.3%-0.4%. Asia Pacific markets were even stronger