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US index futures are trading flat to down 0.25% this morning, giving back some of yesterday’s gains, while major European indices are trading flat to up 0.2%. Metals are under pressure this morning with Copper down 2.3% and Gold down
US index futures had been quiet through the morning until a few minutes ago when they started to rally on the back of encouraging US inflation numbers. Currently US index futures contracts are up 0.2%-0.5% with NASDAQ Futures leading the
US index futures have taken off following the release of a benign and better than expected US inflation report. Index futures are currently up 0.6% to 1.0% with NASDAQ futures leading the charge. The US consumer price index (5.0% vs
Coming off of a mixed day for US markets where the Dow fell 1.1% and the NASDAQ finished up 0.2%, US index futures are up 0.1%-0.3% this morning. Overseas, the Nikkei popped 2.5% while the Hang Seng gained 0.5%. The
The US Consumer Price Index came in at 6.5%, in-line with street expectations and down from 7.1% last month, while core CPI, excluding food and energy also met expectations (5.7% in-line, vs previous 6.0%). Meanwhile, US weekly jobless claims beat
US index futures have gone into rally mode after today’s US Consumer Price Index report indicated easing inflation pressures. Both headline CPI (7.7% vs street 8.0% and previous 8.2%) and core CPI (6.3% vs street 6.5% and previous 6.6%) declined
US indices have dropped off a cliff this morning after the US Consumer Price Index came in higher than expected (8.2% vs street 8.1%), which keeps pressure on the Fed to continue raising interest rates. Prior to the announcement, US
US index futures had been trying to mount a comeback this morning, but the bottom has fallen out and gains have quickly turned into losses following the release of a red-hot US consumer price inflation report. US inflation continued to
Investors had already been on tenterhooks about stagflation and yesterday after the European Central Bank announced a new interest rate hike program, raised inflation guidance and cut GDP guidance, and this morning, hot inflation numbers out of the US and
US index futures are down 0.1% to 0.4% this morning, adding to yesterday’s 0.3%-0.6% losses for the three main US indices. So far this appears to be a normal trading correction after US indices reached new all-time highs earlier in
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