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Yesterday’s equity market rebound turned out to be a dead cat bounce. US index futures are down 1.3%-1.7% this morning while over in Europe, the FTSE and Dax are down 2.4%, while Paris and Milan are both down about 3.2%.
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
A volatile week for stock markets around the world appears to be heading for an upbeat finish with indices around the world rallying overnight. Asia Pacific trading saw the Hang Seng soar 3.0% while the Nikkei and the S&P/ASX both
With markets closed on Friday it’s a short trading week but one with a lot of potential news on the way. Three central banks meet this week, the Bank of Canada, the Reserve Bank of New Zealand and the European
March appears to be going out like a lion in commodity markets, particularly energy contracts where WTI crude oi lis down 6.2%, Brent crude is down 5.6%, gasoline is down 4.2% and natural gas is down 1.8%. There haven’t been
It’s another quiet day for economic and corporate news, keeping the Ukraine War in the spotlight. Truce talks between Ukraine and Russia are scheduled to resume today and ahead of this meeting, stocks have been on the rise this morning
A quieter week for world markets is winding down today with moderate moves. Next week brings the end of the month and the quarter plus the fiscal year end for many companies in the investment industry so we may start
Cryptocurrencies have been soaring overnight on media reports that President Biden and the US Treasury Department intend to formally announce today that they are preparing to start building a framework for potentially regulating and/or operating cryptocurrencies in the US, which
Stock markets around the world have started the new trading week on their back feet, giving back some of Friday’s gains. US index futures are down 0.3%-0.4%, while in Europe, the Dax is down 0.6% and the FTSE is down
Building on yesterday’s gains of 0.9% to 1.1% for US markets including a record-high close for the Dow above 34,000 for the first time, US index futures are up 0.2% to 0.3% this morning. Overseas markets have generally been climbing
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