Market action has picked up in the last few minutes since the European Central Bank released its latest interest rate decision and statement. The ECB announced a surprise 0.25% increase for its main interest rates, but in the statement it
US markets have partially reversed some of yesterday’s action overnight. NASDAQ futures are up 0.4%, clawing back some of yesterday’s big 2.0% drop, while Dow Futures are flat after climbing 0.5% yesterday to continue a nine-day winning streak. European markets
Summer arrives today and it seems like some investors are already on vacation. US index futures and major European indices like the Dax and FTSE are all flat today. The most notable overnight equity market moves were a 2.0% decline
US index futures are down 0.2% to 0.7% this morning, while over in Europe, the FTSE is flat and the Dax is down 0.7%. US Treasury Yields are on the rise sparking a rally in the US Dollar and selloffs
US index futures are trading flat to down 0.25% this morning, giving back some of yesterday’s gains, while major European indices are trading flat to up 0.2%. Metals are under pressure this morning with Copper down 2.3% and Gold down
The US Dollar is in rally mode this morning, putting a headwind in front of other currencies, commodities and equities. The US Dollar is up 2.0% against Gold and the Pound, up 1.3% against the Australian Dollar, up 0.6% against
Coming off of a mixed day for US markets where the Dow fell 1.1% and the NASDAQ finished up 0.2%, US index futures are up 0.1%-0.3% this morning. Overseas, the Nikkei popped 2.5% while the Hang Seng gained 0.5%. The
US index futures are down 0.2%-0.4% this morning giving back some of yesterday’s gains as investors digest a flurry or retail related announcements and political developments. European markets are under pressure this morning with the Dax down 1.0% amid rising
US index futures have rallied on another improved US inflation report, gaining 1.1% to 2.8% with the NASDAQ leading the charge upward. The US 10-year treasury yield has dropped back toward 3.8% and the US Dollar is backsliding again, losing
Coming off of yesterday’s big bullish reversal where US indices shrugged off early losses driven by bad news on the inflation front to finish with gains of 2.2%-2.8%, trading in US index futures has been choppy overnight and into this