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

Market Declines Resume on Weak China Data as Relief Rally Fades

Friday’s big bounces in stock markets, commodities and cryptocurrencies have quickly come to an end. Friday’s enthusiasm has quickly dissipated as the new trading week begins and distribution appears to be resuming. The main causes of this retreat appear to

Selloff Continues With China Trade Data and Rising Rates In Focus

Investor’s fearful mood didn’t improve over the weekend. Continuing from where they left off last Friday, equity markets around the world have started the week in full reverse with Tokyo plunging 2.5%, London losing 1.8% and Frankfurt falling 1.5%. US

Stocks Slide as Rates Rise, China Data Mixed

Investors have returned from the Easter weekend in a mixed mood. European indices are on the rise this morning with the Dax up 0.6% and the FTSE up 0.2%. On the other hand, US index futures are down 0.1% to

US Inflation Soars; Oil Rebounds as China Lockdowns Ease

US index futures have popped upward on a mixed US consumer price inflation report. Although the headline number reached its highest level since 1981 and was slightly worse than expected (8.5% vs street 8.4% and previous 7.9%), inflation excluding food

China Lockdowns Drag Down Stocks and Commodities

For the last several weeks, commodity markets, particularly energy, grains and metals, have been soaring on fears that the Russia-Ukraine war and related sanctions could create a supply shortfall in resource markets. This week, that sentiment appears to have been

China Data and Summit In Focus; Webinar Tomorrow

Equity markets around the world are off to a positive start this week. Building on Friday’s 1.0% gain for the NASDAQ, US index futures are up 0.2%-0.3% this morning. Overseas, the FTSE and Nikkei are up 0.5%, while the Dax

Stocks Backslide as China GDP Growth Disappoints

Stock markets around the world have started the new trading week on their back feet, giving back some of Friday’s gains. US index futures are down 0.3%-0.4%, while in Europe, the Dax is down 0.6% and the FTSE is down

China Crushes Cryptocurrencies, Evergrande Crisis Continues

Two events out of China have combined to rattle investors overnight. First, Thursday passed without any word from Evergrande over when or whether it plans to make an interest payment on USD denominated bonds (which are widely believed to be

China Contagion, Canada Election, and Central Bank Meetings

Weekend business news has been dominated by financial problems at Evergrande, one of China’s largest real estate companies, who is struggling with over $300 billion in debt and appears close to missing an interest payment. Fears that this could potentially