US equity futures are slightly lower to close out a blowout week for risk assets. As of 8:00am S&P futures are down 0.1% after the index reached its new ATH on Thursday, the first of the year;
The US dollar rallied a bit during the trading session here on Thursday, as it looks like the 0.91 level is being targeted. If we can break the market above here, and I don't see any reason why we can't, then we will start to ask questions to 0.92.
The US dollar is broadly lower. The tariff-threat inspired gains stalled and the BOJ rate hike and stronger PMI in Europe have dragged the greenback lower against all the G10 currencies.
The composite PMI increased from 49.6 to 50.2. Though better than expected, it still corresponds to a stagnant economy with a contracting manufacturing sector.
President Trump created quite a stir in his speech to Davos, demanding, among other things, lower oil prices from OPEC plus lower interest rates out of Jay Powell.
In President Trump’s first week in office he issued a blitz of executive orders, but perhaps his most ambitious statement to date is his claim yesterday that he would order the Federal Reserve to cut interest rates.
Japan’s CPI rose by 3.0% in December. The Bank of Japan hiked rates by 25-bps on Friday morning, boosting the yen. Data revealed a slight increase in US jobless claims last week.
Gold sees over 2.50% gains up for grabs for this week. President Trump commented that he might not impose tariffs on China after a phone call with China's Xi Jingping.
The euro drifted a little bit lower during the trading session on Thursday as we continue to hang around the 0.8450 level. The pound of course has given up some strength for a while, but I think a lot of this is just simple profit taking.
As global markets face uncertainty, Donald Trump’s recent remarks and policy indications suggest a multi-pronged strategy that could lower geopolitical tensions, stabilize energy markets, and drive a significant rally in equities.
A look at why popular rates commentary is dysfunctional, and why the idea of a “gilt death spiral” shows the serious defects of conventional thinking about interest rates.
The latest BLS and Cleveland Fed release of their quarterly new tenant rent index was lower by 2.43% year over year and over 5% from the prior quarter.
The USD/JPY pair declined to 155.13 on Friday, as the yen gained robust support following the Bank of Japan’s (BoJ) decision to raise its interest rate during the January meeting.
Asian stocks advanced, especially Chinese firms, following comments by U.S. President Trump suggesting a more lenient approach towards tariffs on China.
The composite eurozone PMI is expected to remain in contractionary territory and a close-to-consensus reading shouldn't impact the European Central Bank's next two cuts.
IGM Financial Inc (IGIFF) is the largest non-bank-affiliated asset manager in Canada. Share price increased about 20.3% in the past year from $26.38 to $31.75, as of Thursday’s market close.
AAVE Crypto Price News Today Elliott Wave Technical AnalysisWave IV is a corrective wave and looks like it will finish around the support level at 257.386.
Markets gathered together and finished in robust fashion in the green today, ramping up in the final 20 minutes of trading on news that President Trump signed an executive order on a crypto-related digital access stockpile.
Asian stock markets were trading in the green on Friday, influenced by positive cues from Wall Street overnight and amid growing expectations that major central banks, including the US Federal Reserve, may lower interest rates in the first quarter.
Now that December numbers (released by DWD today) destroy the thesis that half of year-to-date cumulative employment is accounted for by government jobs, will a retraction be forthcoming?
President Trump set off a wave of protectionist trade policies about seven years ago, back in 2018, and those policies were mostly extended and followed during President Biden’s term of office as well.
Markets just popped higher into the close, telling us a range is likely coming tomorrow. I love range markets, and these (2) range trades could easily double our profits to finish the week!
The Bank of Japan often finds itself navigating between a rock and a hard place, attempting to balance these complex forces in a tightrope monetary policy act.
Oil prices traded lower yesterday after President Trump’s speech at the World Economic Forum, while European gas prices remain well supported given storage concerns.
It was another light day of trading volumes. When we look at the S&P 500 futures, there was less volume today than yesterday, with just under 1.1 million contracts traded. This marks roughly the lightest trading day since December 26.
Plenty of traders and investors, particularly new ones, tend to want to avoid the bond market. That’s understandable, but bonds are easier - and, with the income they bring - more lucrative than you might think.
Both the Dow and S&P 500 welcomed a fourth-straight daily win, the latter nabbing another record high, while the blue-chip benchmark enjoyed its highest close since early December.
Over the last decade the U.S. has attracted the bulk of the capital flows, and the U.S. stock market is trading at one of the highest valuations in history.
The failures of tariffs and industrial policies in the United States, Japan, and China underscore the broader limitations of anti-market economic strategies.
China, the United States, and South Korea are ramping up efforts to expand their semiconductor industries through increased investments and government support to reduce reliance on Taiwan.
Rising net liquidity has been largely responsible for the surprisingly strong performance seen in both the economy and the financial markets over the past 2 years.
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