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

US Market Declines Extend Into May as FOMC Decision Day Approaches

US index futures have started May just as they ended April, stuck in reverse gear. US index futures are in the red, falling 0.1% to 0.5% with NASDAQ futures leading the way lower just as the NASDAQ did on Friday

March Winds Down With Commodities In Retreat

March appears to be going out like a lion in commodity markets, particularly energy contracts where WTI crude oi lis down 6.2%, Brent crude is down 5.6%, gasoline is down 4.2% and natural gas is down 1.8%. There haven’t been

Stocks Rally As Ukraine Talks Resume

It’s another quiet day for economic and corporate news, keeping the Ukraine War in the spotlight. Truce talks between Ukraine and Russia are scheduled to resume today and ahead of this meeting, stocks have been on the rise this morning

Commodities Crumble on Shanghai Shutdown

Concerns that growing lockdowns in China, most recently in Shanghai, could depress demand for resources appears to be weighing on commodity markets this morning. WTI and Brent Crude oil are down 5.5%-6.0%, while gasoline is down 4.9% and Natural Gas

Commodities Climb, Stocks Slide in Mixed Trading

With no new business news of note to move the markets, overnight action has been indecisive. Coming off a positive day for equities that saw US indices climb 0.75% to 2.00%, Asia Pacific stocks soared with the Nikkei gaining 3.0%