Stocks Climb Despite Looming Tariffs
Bouncing back from Friday’s US index declines of 0.9% to 1.4%, US index futures are up 0.5% to 0.7% to start the new trading week. Overseas trading finds the Dax up 0.5%, the FTSE up 0.7% and the Hang Seng up 1.8%. Crude Oil is up 1.4%, Natural Gas is up 3.5% and Copper is […]
Canada In Focus On Inauguration Day
US markets are closed for Martin Luther King Day today and being January 20th, it’s also Inauguration Day in the USA. Coming off a strong finish to last week, which saw major US indices close up 0.8% to 1.5%, US index futures are quiet this morning trading flat to down 0.1%. European trading is also […]
Employment, Earnings and Potential Sanctions Drive Big Market Moves
There have been a number of positive developments this morning, but the market reaction to them in a macro and individual level has been very different. North American job numbers for December showed job creation accelerating. Both US Nonfarm Payrolls (256K vs street 154K and previous 212K) and Canada employment (street 90K vs street 25K […]
Mixed Holiday Week Trading Continues
US index futures are up 0.3%-0.4%, bouncing back from yesterday’s US index declines of 0.2%-0.4%. In Europe today, the FTSE is flat and the Dax is down 0.2% in the last day of quieter holiday season trading. Natural gas continues to give back gains made earlier this week, sliding 4.8% so far this morning. Crude […]