Commodities Bounce Back as Investors Await Payroll and Wage Reports

Building in yesterday’s moderate gains of about 0.3% for US large-cap indices (although the small cap Russell 2000 finished down 0.8%), world equity markets have been climbing overnight and into this morning. In Asia Pacific trading, the Nikkei gained 1.5%

High Inflation Sends Stocks Into Free Fall

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

Stocks and Commodities Rebound, Canadian Unemployment Rate Improves

Building on yesterday’s afternoon rebound in North America which finished with the main US indices up 0.1% to 0.4%, US index futures are up 0.1% to 0.3% as stocks try to claw back some of their losses from earlier in

Canada Jobs Bounce Back, Global Markets Remain Choppy

The choppy, back and forth trading across asset classes, which has been the main theme of the week so far, has continued overnight and into this morning. US index futures are up 1.0% to 1.3%, clawing back yesterday’s US index

Oil Rallies and Stocks Stabilize as Investors Await Payroll and Inflation Data

The continuing war in Ukraine and yesterday’s decision by OPEC+ to continue its supply restoration program (400,000 bbl/day per month) as is continues to underpin energy contracts. Today WTI crude is up another 3.1% and Brent Crude is trading above

Opposing Employment Surprises; Social Media Stocks Strike Back

US equity markets appear poised to continue their declines as investors consider rising wage inflation and another mixed round of earnings reports. Dow futures are down over 200 points or 0.5% and NASDAQ futures have slipped into the red as

Climbing Crude, Hot Housing, and Nonfarm Payrolls Preview

US index futures are mixed this morning as stocks struggle to regain their footing following yesterday’s afternoon selloff. Dow futures are up 0.2% while NASDAQ futures are down 0.4%. Fed minutes, which suggested that not only is the US central

Equities Backslide Amid Mixed News

US index futures are in the red this morning, with the three main contracts each down about 0.4%, giving back yesterday’s US index gains of 0.1% to 0.6%. European markets are also down this morning with the FTSE and the

Employment, Energy and Earnings In The Spotlight

US index futures are in the green this morning with gains of 0.2% to 0.3%, building on yesterday’s index rebounds that varied between 0.8% for the NASDAQ and 1.8% for the Dow. It has been a mixed morning for North

Stock Slump Continues as Investors Await Earnings Season Start

Stock markets around the world remained under pressure overnight as investors continue to grapple with the prospects for stagflation a period of low economic growth, highlighted by Friday’s poor US nonfarm payrolls report, and high inflation, highlighted by stronger than