Crude Oil Plunges Between Inventory Reports

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

Stocks Bounce Back Ahead of the Weekend

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

A Short But Busy Week Starts With Stocks Sliding and Traded Rates Rising

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 Winds Down With Commodities In Retreat

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

Stocks Rally As Ukraine Talks Resume

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

Oil Slips, Stocks Bounce Ahead of the Weekend

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 and European Indices Lead Global Market Rebound

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

Stocks Backslide as China GDP Growth Disappoints

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

Stocks Rally With Earnings and Economic News In Focus

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

Stocks Climb Amid Mixed Earnings in Pre-Holiday Trading

Trading overnight was relatively quiet with several Asia-Pacific markets closed heading into the Lunar New Year holidays. European markets have been flat to slightly positive with the Dax rising 0.7%. US index futures are pointing toward a higher open this

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