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A three-day winning streak for US indices appears vulnerable this morning with US index futures contracts trading down 0.4% to 0.5% in the wake of yesterday’s US midterm elections. At the time of writing, the Republicans appear poised to take
Coming off of a second straight winning day for major US indices, US index futures are up moderately this morning with gains of 0.2%-0.4%. Overseas market action has been mixed with the Nikkei up 1.2%, the Dax up 0.4%, the
The start of the last trading week for this month and quarter finds investors indecisive amid continuing uncertainties. US index futures are mixed with Dow futures up 0.1%, S&P futures down 0.3% and NASDAQ futures down 0.7%. Commodities are mixed
Having quickly adapted to growing financial risks at China’s Evergrande, the selling pressure which enveloped world markets has eased somewhat as investors wait for the next shoes to drop. Tonight, the Peoples Bank of China and the Bank of Japan
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
The Bank of Canada is meeting this morning with its latest monetary policy decision and statement due at 10:00 am. Central banks around the world usually try to stay out of politics and with a federal election campaign underway, the
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