Rising Yields Weigh on Equities as Energy Stabilizes
US index futures are giving back more of their gains from earlier this week as Treasury yields and the US Dollar climb. Energy prices are stabilizing, but overseas equity markets are lower. The US and Iran held talks during the UN General Assembly, with no substantial progress apparent so far. Overnight flash PMI reports were […]
Markets Consolidate as Crude Oil Retreats Again
Stock markets are steady to slightly positive this morning as equities consolidate Monday’s gains. NASDAQ futures are unchanged after the Index rallied 2.2% on Monday, while Dow futures are up 0.4%. Overseas, the Hang Seng gained 0.2%, while the Nikkei was closed for a public holiday. In Europe, the DAX is up 0.4% and the […]
No News Is Good News as Stocks Rally
Markets are starting the trading week on a positive note. Despite rumours over the weekend, the conflict in the Middle East, particularly around the Saudi Arabia-Yemen flashpoint, did not escalate further. Energy prices are retreating and stocks are rallying as traders breathe a sigh of relief. The People’s Bank of China maintained its benchmark interest […]
Markets Mixed Ahead of Options Expiry
Global markets are mixed this morning as traders digest this week’s central bank decisions and position ahead of today’s monthly equity options expiry. Overnight, the Bank of Japan raised its benchmark interest rate by 0.25 percentage points to 1.25%, as widely expected. NASDAQ futures are up 0.1%, while Dow futures are down 0.3%. Asian markets […]
Equities Rebound as Oil and Bond Yields Ease
Equity markets are bouncing back this morning after Wednesday’s retreat following a more hawkish than expected Federal Reserve meeting. The US central bank raised the Fed Funds rate and signaled a potential second hike later this year. Easing energy prices and the Bank of England’s decision to hold rates steady are helping to shore up […]
Stocks Rebound Ahead of Fed Decision as Retail Sales Bounce
Stock markets are bouncing back today as investors await the Fed’s interest rate decision. FOMC member forecasts for interest rates, inflation, and GDP may also attract attention. Treasury yields and the US Dollar are steady ahead of the news, while energy prices have eased slightly. A stronger-than-expected rebound in US retail sales appears consistent with […]
Global Markets Retreat as Energy Prices and Bond Yields Climb
Stock markets around the world continue to retreat as ongoing attacks against Saudi energy infrastructure sent energy prices higher again today. The renewed rise in energy prices is pushing up inflation and interest rate expectations. The US 10-year Treasury note yield hit 5.00% this morning as the Fed begins its meeting ahead of Wednesday’s interest […]
Fed Rate Increase Concerns Weigh on US Markets as Energy Prices Climb
With a potential US Fed interest rate increase looming on Wednesday and concerns surrounding the AI sector increasing, stock markets are mixed globally and retreating in the US to start the new trading week. Energy prices are climbing once again following the shutdown of Saudi Arabia’s east-west pipeline after last week’s attacks, keeping inflation pressures […]
Technology Selloff Spreads as Health Care News Supports US Futures
Yesterday’s technology selloff rolled through overseas markets overnight and into this morning. US index futures have stabilized as investors applaud positive health care sector news but express disappointment with results from senior US retailers. President Trump has postponed the imposition of new tariffs on Canada while trade talks continue. NASDAQ futures and Dow Futures are […]
AI Debt Concerns and Rising Yields Weigh on Technology Stocks
Concerns surrounding AI-related debt levels are weighing on technology stocks this morning, with tech-sensitive markets including Korea, Taiwan, Japan, and the NASDAQ all retreating. Media reports suggesting that major technology companies may have up to $3 trillion in AI-related off-balance-sheet obligations appear to have dampened sentiment toward the AI sector. The reports come as interest […]