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The first day of August finds world markets giving back some of Monday’s gains in what appears to be a normal trading correction following a month-end push by the bulls. US index futures down 0.1% to 0.5%, while in Europe,
The start of the new week and the last trading day of July finds US index futures trading up 0.1% while the FTSE and Dax are flat as traders digest Friday’s US market gains of 1.9% for the NASDAQ and
Flash Manufacturing and Flash Service PMI reports for July from Australia, Japan, Germany, the UK and other European countries have been rolling out overnight and the results have been underwhelming. Overall, the majority of numbers have come in below expectations,
Equity markets around the world have been retreating overnight and into this morning. Overseas, the Hang Seng fell 3.0%, and the Nikkei dropped 1.7%, while the Dax and FTSE are both down about 1.3% this morning. All three main US
Sentiment across global markets has turned bearish ahead of the weekend with investors reacting negatively to Flash Manufacturing and Service PMI Reports. Numbers out of the UK, Germany, France and Japan consistently came in below expectations, with Japanese Flash Manufacturing
Crude Oil is climbing this morning with WTI up 2.5% and Brent up 2.4% as investors applaud news out of a weekend OPEC meeting that Saudi Arabia has voluntarily and unilaterally decided to cut its production by 1 million barrels
US index futures are in moderate retreat this morning, with the three main contracts down 0.2%-0.4%. In Europe today, the FTSE is down 0.1% and the Dax is down 0.4%. Commodities are under pressure with WTI Crude Oil down 2.75%
An indecisive start to the week which saw the Dow Industrials lose 0.4% and the NASDAQ gain 0.5% on Monday has continued overnight and into this morning. The three main US index futures contracts are down 0.25%. Meanwhile, over in
Equity and commodity trading is mixed this morning as investors digest a number of earnings and economic reports which have been released overnight. Several companies have beaten street expectations including Procter & Gamble ($1.37 vs street $1.32), Schlumberger ($0.63 vs
Today is the last trading day of the week, the month, the quarter, and for many companies in the investment industry, the fiscal year and so far, it seems as though investors have hit the pause button and are looking
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