U.S. futures, European shares linger around neutral levels as Fed rate cut outlook seesaws Yields climb ahead of Fed meeting Oil drops as specter of weak demand offsets mounting Middle East headwinds Key Events Futures on the , and opened the week higher and European stocks trimmed down Friday’s losses...
Forecasts for air both cool and warm will continue to challenge investors in pricing this week, as the market prepares to receive data likely to show the second storage build for spring. The U.S. Energy Information Administration is expected to say in its weekly gas report due at...
Yesterday, said that the US no longer needs the accommodative policy that's been in place for years due to a weak economy. He went on to say that the US is "a long way from neutral" interest rates, suggesting there is considerable room for . Investors immediately...
On Monday morning, U.S. Secretary of State Mike Pompeo announced that the U.S. government would be ending all significant reduction exemptions (SREs) for purchasers of Iranian oil. This means an end to any exemptions that had permitted selected countries to purchase designated amounts of oil from Iran over...
U.S. futures, global shares climb on outlook for Fed, ECB, PBoC accommodation Asian equities evaluations linger at 3-month low on trade woes Treasury yields leap on risk-on shift WTI gains ground on Saudi Arabia’s energy minister replacement Key EventsGlobal stocks extended a rally and futures on the , and ...
Gold has already risen almost 20% on the year. Can it go up another 25% before the year is out? It’s a pertinent question because that’s what it would take for the yellow metal to write a new record high. Gold Weekly Chart - Powered by TradingView With just four...
One way or another, Elon Musk’s war with short-sellers could be nearing some sort of conclusion. Tesla (NASDAQ: NASDAQ:) shares have been tumbling for some time now, and Wall Street analysts see an uncertain future for the electric car maker, even after last week's lawsuit by the US...
Since March, China's is nearly 11 percent weaker. That's when the Sino-US trade war erupted due to President Donald Trump's inflamatory rhetoric. Yesterday's 0.9 percent drop brought the renminbi to its lowest level since January 2017, when China dropped its currency’s strict peg to the dollar. If the...