Adding to yesterday’s US index losses of 0.5% to 0.8%, US index futures are trading down 0.2%-0.4% this morning, while major European indices are down 0.8%-1.0%. Crude oil has stabilized, while metals are climbing with Gold and Copper both up
Adding to yesterday afternoon’s equity market selloff which pushed US indices to losses of 0.4% to 0.8%, US index futures are down another 1.0% to 1.5% this morning, while over in Europe, the Dax is down 1.5% and the FTSE
On a busy morning for business news US index futures are mixed with Dow Futures up 0.8% and NASDAQ futures down 0.6%, continuing a big divergence that opened yesterday when the Dow finished flat while the NASDAQ fell by 2.0%.
Interest rate and central bank news dominates the calendar today and tomorrow. The Bank of Canada’s latest interest rate decision and statement is due at 10:00 am EDT with the Governing Council widely expected to announce a 0.75% rate increase,
US index futures are essentially flat today with all three main contracts trading between -0.1% and +0.1%. European indices are also soft today with the Dax down 0.4% and the FTSE falling 0.2%. Italy is down 0.9% today as investors
Fed decision day is finally here. A 0.5% hike remains the consensus expectation among investors but investors may look to the statement for hints on whether tightening could accelerate. The 10-year US treasury note yield has dropped back toward 3.35%
The European Central Bank has made a number of announcements this morning with the potential to impact trading in stocks and bonds. Long a member of the dovish camp (asset purchases and negative interest rates), the ECB has turned to
Trading action across stocks, bonds and commodities overnight has had the air of indecision. The first half of this week has been very quiet for economic and corporate news, leaving investors to wait on what could be a big week
The last trading day of the week finds broad equity market action mixed, but a lot happening under the hood. Positive momentum from yesterday’s US market rally that saw the big 3 indices gain 1.0%-2.0% carried through Asia Pacific trading
Central banks are in the spotlight today with accelerated tightening on the agenda. Last night, the Reserve Bank of New Zealand, who had been raising rates at a pace of 0.25% per meeting for their last few meetings and had