Weak China Trade Numbers Crush Commodities

Overnight, China reported disappointing export (-14.5% vs street -12.5%), and import (-12.4% vs street -5.0%), suggesting continued soft economic conditions and sending shockwaves through world markets. With investors reassessing their outlook for resource demand, commodities are getting hammered this morning,

Stocks Climb Ahead of Midterm Elections

Stock markets around the world are in the green to start the new trading week. Overnight the Hang Seng rallied 2.7% and the Nikkei climbed 1.2%. In Europe today, the Dax is up 0.7% and the FTSE is down 0.3%.

Stocks Climb on Good Economic News; Inflation in Focus This Week

Bouncing back from a mixed Friday, US index futures are in the green to start the new trading week with gains of 0.4%-0.6% for the three main contracts. European market action has also been positive this morning with the Dax

ECB Jumps on the Hawkish Bandwagon, Signals Stagflation

The European Central Bank has made a number of announcements this morning with the potential to impact trading in stocks and bonds. Long a member of the dovish camp (asset purchases and negative interest rates), the ECB has turned to

Selloff Continues With China Trade Data and Rising Rates In Focus

Investor’s fearful mood didn’t improve over the weekend. Continuing from where they left off last Friday, equity markets around the world have started the week in full reverse with Tokyo plunging 2.5%, London losing 1.8% and Frankfurt falling 1.5%. US

Infrastructure and Trade News Boosts Stocks

North American stock markets continue to respond favorably to a generally positive earnings season and recent moves by the Federal Reserve Board and the Bank of Canada to work toward normalizing monetary policy with the economy improving and inflation remaining

November Starts With Stock Markets Rising

Halloween didn’t spook investors in the slightest as November has arrived with stock markets around the world in rally mode. US index futures are all up about 0.5%, while overseas, the Nikkei soared 2.6%, the Dax is up 0.8% and

China Trade Data Boosts Asia Markets; US Dollar Bounces Back

North American markets return to trading this morning from the Labor Day weekend and the end of summer holidays. US index futures are flat to up 0.1%, the Dax and FTSE are both down about 0.2%. In Asia Pacific trading,

Natural Gas Slides as Storm Effect Fades

The recent run up in natural gas which was sparked by Gulf of Mexico production shut-ins related to Hurricane Ida appears to be coming to an end. The commodity price has come down 0.6% this morning as investors shift their

Stocks Pause Amid China Trade Disappointment and Political Discussions

Friday’s US stock market rally which saw the Dow climb 0.5% and the NASDAQ soar 1.5% on a Goldilocks employment report (strong enough to indicate the recovery continues but not strong enough to force the Fed to cut stimulus) appears