Equities Rest Near Record as Traders Await Impetus – Europe Market Wrap
After a week that saw the S&P 500 break new records and European shares come just short of that threshold, stocks and US equity futures stopped as investors anticipated new catalysts. Futures for the S&P 500 and Nasdaq 100 increased marginally as …
Morning Juice – Europe Session Prep
Good Morning Traders! This Monday we see a US Holiday, and a quiet session by extension. Here is the sentiment for the day. Sentiment Chinese Premier Li Qiang called for “pragmatic and forceful” action to bolster the nation’s trust in the economy, …
Stocks in Asia Mixed as China Optimism Fades Away – Asia Market Wrap
– Asian shares traded mixed but positive. Chinese holiday data did not justify earlier expectations. – A barometer of Asia Pacific equities moved higher and was poised to rise for a third day, despite volatility in mainland Chinese stocks. The CSI 300 …
Is three rate cuts a reasonable baseline for 2024? – US Market Wrap
The world’s largest bond market prolonged this year’s selloff, as equities fell from a record high on expectations that the Federal Reserve will not cut interest rates soon. Another report indicating that inflation is “stickier” than expected weighed on Wall Street sentiment, …
Morning Juice – US Session Prep
Morning, Traders!Happy Friday! It is the 16th of February, here are some things to look out for today SentimentTreasuries are down across the curve, the dollar is little changed, and US stocks are higher ahead of the highly anticipated US PPI report.PPI …
Traders Trimming BoE Bets after Stronger UK Retail Sales – Europe Market Wrap
Stocks rose broadly on Friday, with positive business news offsetting disappointing rate-cut hopes. Contracts on the tech-heavy Nasdaq 100 led increases in US equities futures. Data on US producer prices will be closely watched today, following a hot consumer price index earlier …
Sterling Weakens on Technical Recession – Europe Market Wrap
Following a rally that propelled the S&P 500 back above 5,000, US stock futures increased slightly as investors got ready for the next set of data on the US economy that could influence rate bets. The S&P 500 and Nasdaq 100 contracts …
Morning Juice – Europe Session Prep
Good Morning Traders! This Friday we get UK Retail Sales data. Here is what to expect from today. Sentiment President Raphael Bostic of the Federal Reserve Bank of Atlanta said there is no urgency to decrease interest rates because the US labour …
Asia Shares Rise on Japan Gains, Better China Data – Asia Market Wrap
– Asian equities rose across the board, driven by advances in Japan as the S&P 500 Index set a new record and Chinese consumption showed indications of revival. – The Nikkei 225 Stock Average increased by up to 1.9%, bringing it closer …
PPI The New Focus – US Market Wrap
– Wall Street traders overlooked mixed economic data, driving stocks and bonds higher ahead of an inflation measurement that will help determine the Federal Reserve’s next steps.– The S&P 500 hit another all-time high, despite losses in its most influential group: technology. …
