Stock Slump Continues After Bank of England Blinks

One of the biggest questions facing investors this year has been whether central banks will be able to contain inflation quickly enough and let the air out of asset bubbles slowly enough to achieve their goal of a soft landing

Markets Rebound as US Dollar Rally Fades For Now

What has recently appeared to be a relentless trend of soaring treasury yields and US Dollar gains steamrolling over equities, bonds, commodities and non-US currencies appears to have relented a bit for the moment. US index futures are up 1.0%

Stock Slump, US Dollar Rally Continue as Quarter-End Approaches

The final week of the month and the quarter has picked up where last week left off, with stock markets in retreat, treasury yields soaring and currency markets in turmoil. US index futures are down 0.4%-0.5% so far today, continuing

FedEx Earnings Miss Sends Stocks Sliding

For the last several weeks, the main focus of investors has mainly been on big picture issues; central banks, the state of the economy, inflation, rising interest rates, the US Dollar, and commodity prices. Last night, investors received a stern

Stocks Drop as Inflation Comes in Worse Than Expected

US index futures have turned sharply downward this morning dropping 0.8% to 1.2% in the minutes following a hotter than expected US consumer price inflation report. Headline CPI came right down the middle at 8.3%, which was higher than the

US Dollar Backslides Ahead of Tomorrow’s Inflation Report

The US Dollar has dropped back to start the new trading week, taking some of the pressure off of other currencies and commodities. The Euro is up 1.0% and trading a full penny above par, while the Pound is up

Global Markets Bounce Into the Weekend

The stock market rebound which started on Wednesday has continued to accelerate overnight. In Asia Pacific trading, the Hang Seng soared 2.7%, while in Europe this morning, both the Dax and the FTSE are up 1.4%. US premarket trading finds

Stocks Pause as ECB Raises Interest Rates

Yesterday’s US market rally, which saw major indices snap multi-day losing streaks with gains of 1.4% to 2.1%, which appears to have been a trading bounce, easing oversold conditions as there has been limited follow-through overnight and into this morning.

Bank of Canada
Bank of Canada Preview

North American stock markets have returned to trading this morning with traders in more of an upbeat mood. The three main US index futures contracts are up 0.4% to 0.5%, clawing back some of Friday’s losses of 1.0% to 1.3%

Stocks Climb on Strong Payrolls; Energy Markets Mixed

With a long weekend in North America approaching, US markets have been trying to stabilize. Yesterday the Dow and the S&P snapped losing streaks with gains of 0.5% and 0.3% respectively. The NASDAQ, however, fell another 0.2% and the small

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