China indices, global stocks, US futures rally, after Chinese officials vow to boost China’s economy Italian bonds and stocks rebound after Moody’s spares the country from 'junk' status downgrade Oil eyes $70 on looming Iran sanctions Key Events European shares as well as futures on the , and took their...
When it comes to , the Saudi Energy Minister usually has the last word. This was proven right on Tuesday when Khalid al-Falih, who has presided over Saudi Arabia’s Energy Ministry for the last three and a half years, pledged the Kingdom will pump as much crude as...
Microsoft (NASDAQ:) is scheduled to for the first quarter of 2018 today after the market close. Consensus forecasts call for EPS of $0.96 on revenue of $27.9 billion. Will the software giant extend its winning streak, in which it has beaten estimates for the past four quarters? And...
Even though the US sanctions against Iran are looming, with the November 4 deadline quickly approaching, we don't expect this current rally in will extend much further. Indeed, we anticipate a downward correction, despite the much-vaunted as well as universally anticipated oil supply crunch. It's clear that OPEC's...
European Central Bank (ECB) President Mario Draghi stopped short of simply saying “trust me” at his Thursday, following the meeting of the governing council of the ECB. But he did try to defuse some of the economic tensions in Europe by expressing his personal confidence that reasonable...
Jair Bolsonaro’s honeymoon as Brazilian president has just begun. Yet his campaign’s courtship of the country’s commodity markets may have ended even before he swept into office this week. New York-traded futures of , and —all major Brazilian exports—have fallen sharply over the past two weeks, after rallying...
It's been a brutal year for basic materials shares. The is down roughly 11.3% year-to-date versus a 5.1% gain for the broader market as investors continue to punish the sector. A number of factors have been blamed for the downbeat performance including sluggish raw material prices, softening demand...
Reports Thursday, October 25, after the market close Revenue Expectation: $34.04B EPS: $10.4 In a market where nothing looks attractive after a month of extreme volatility, especially in the tech sector, it’s tough to focus on individual stocks. But if you're investing for the long-term, there are still appealing opportunities, particularly...