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US stocks dropped Monday as China's COVID policy concerns and hawkish Fedspeak weighed broadly on sentiment while the looming recession narrative grows more vocal in the background.St. Louis Fed...
Traders booted the juniors off the trading desks following the holidays and they weren't happy. Selling in the Dow Jones Industrial Average came off the challenge of resistance defined from the last...
The U.S. dollar peaked on Sept. 28, shy of 115.00. Another 5.5% rise would have taken the world reserve currency to its highest level since February 1986, after the September 1985 decision of the then...
Energy stocks outpace the broad equity market Crude oil has fallen to its lowest price since January, now down year-on-year Possible long-term support on the chart, potential bullish fundamental...
Last week, the Fed reported that the M2 money supply declined, slightly, again. The year-over-year rate of change is now down to a paltry 1.3%.Source: BloombergNot only that, but the...
COVID lockdown protests demand new government in China Chinese implied oil demand seen down 1 million bpd, less buying from Russia too Fed seen closely watching US November jobs report to decide next...
It will be a big week, with a ton of economic data ramping up on Tuesday and then going into overdrive on Wednesday. Jay Powell will highlight the week on Nov. 30 at 1:30 PM ET. I can’t imagine...
Investors and retailers are also closely monitoring consumption over the holiday weekend. The National Retail Federation estimates that 166.3 million Americans will shop through Cyber Monday, up by 8...