<strong>Crude Oil and Stocks Continue to Rebound</strong>

After last weekend’s fireworks surrounding the First Republic failure and takeover (yes it has only been a week), investors appear to be taking a “no news is good news” approach to the US banking crisis for now. PacWest Bancorp is

OPEC+ Production Cut Sends Crude Oil and Energy Stocks Soaring<...

The start of the new trading week finds oil contracts in rally mode with WTI up 6.5% and regaining $80.00/bbl, while Brent is up 6.3% and trading just below $85.00/bbl. Over the weekend, OPEC+ announced a surprise production cut of

<strong>Equity Market Rebound Continues and Oil Prices Rally</strong>

Shrugging off US index declines of 0.1% to 0.4% from what was mostly a flat day of digestion on Tuesday, US index futures are up 0.75% to 0.90% today with NASDAQ futures leading the charge. Overseas markets rallied overnight with

Russia Production Cut, Earnings Misses and Canada Job Growth In Focus

Continuing yesterday’s pullback which saw US indices decline 0.75% to 1.00%, US index futures are down 0.4% to 0.9% this morning. European markets are also in retreat today with the Dax declining 1.6% and the FTSE falling 0.7%. With the

<strong>Commodities Rally As China Reopens</strong>

With more investors returning from holidays, the new trading week is off to a positive start so far. Commodities have been particularly strong with WTI Crude Oil up 3.4%, Natural Gas up 3.2% and Copper up 1.9%. News over the

Weak Amazon Sales and Strong Big Oil Earnings In Focus

Mixed results from some of the biggest companies in the US continues to impact equity markets, particularly the NASDAQ. Yesterday, the Dow rallied 0.6% on a positive GDP report and generally positive earnings from non-technology sectors. The NASDAQ, however, fell

Crude Oil Soars on OPEC+ Speculation

October has arrived with mixed action across asset classes, but the big moves so far have been in energy markets where WTI crude oil is up 4.4% and natural gas is down 2.75%. Renewed interest in oil was ignited on

Crude Oil Plunges Between Inventory Reports

The last day of trading for August finds investors focused on energy markets. WTI crude oil is taking it on the chin today, falling 2.7% and dropping back under $90.00/bbl after the American Petroleum Institute reported a 0.6 mmbbl inventory

Stocks Try To Rebound As Month-End Approaches

Stock markets around the world are on the rebound this morning. The Nikkei led Asia Pacific markets higher with a 1.1% gain, although Hong Kong struggled to a 0.3% loss. In Europe today, the Dax is up 1.8% while the

Rebound In Stocks Ends With Investors Focused on Inflation and Energy Prices

Yesterday’s rebound in world stock markets sputtered out overnight as indices turned downward once again with investors continuing to grapple with the potential for high inflation and a slowing economy. The Hang Seng plunged 2.5% in Asia Pacific trading, while