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The major averages closed out Monday's trading session mixed despite retail sales data that showed consumer spending trended higher than expected last month. The Dow recorded a small loss on the day...
From Brussels to Sydney to Hanoi, global central banks have been taking the ax to interest rates over the past several weeks. International central bankers can now welcome a new member to the...
The euro slipped below $1.30 over the weekend and began Monday morning trading at $1.2987 as markets prepared for a host of economic indicators to be released this week.Most notably, Eurostat will...
Brent crude oil ended last week on a low and settled at $102.94 at 7:42 GMT on Monday morning. The commodity suffered after implied oil demand and refinery crude in China fell and added to suspicions...
Against the backdrop of some strong earnings reports, a spate of interest rate cuts and other cheery news from global central banks, U.S. stocks again soared last week. The S&P 500 added 1.2...
Futures Lower on Chinese Data, Fed Tapering FearsU.S. equity futures traded lower in early pre-market trade following some weak economic data out of China and also on the heels of an article from the...
If global central banks were teenagers, it would be fair to say these entities are quite vulnerable to peer pressure. Taking a page from a 1980s after-school special, it is not unreasonable to say...
Let’s be honest. Normally, the average stock trader isn’t much concerned with what’s going on with the yen or Japan for that matter. There are plenty of domestic stocks that...
It was another quiet day on Wall Street, but an afternoon rally pushed the U.S. stock market firmly into positive territory by the closing bell. The leader on the day was the Nasdaq Composite while...
The euro lost ground on Friday morning after investors looked to take profits on the common currency's two day rise. The euro traded at $1.3013 on Friday morning.A Spanish debt auction on Thursday was...
Brent crude oil traded steadily near $104 on Friday morning as mixed signals kept the commodity trading in a tight range. Brent traded at $104.11 at 8:05 GMT on Friday morning after positive U.S. data...
Futures Slightly Higher On Yen WeaknessU.S. equity futures rose slightly in early pre-market trade although the story was all about the yen overnight. The yen continued to weaken against the dollar...
The U.S. stock market recorded small losses on Thursday despite a report which showed a drop in both initial jobless claims and continuing claims. Volatility levels rose on the session as the market...
After several weeks of trying and failing, currency traders were finally able to push the U.S. dollar past the psychologically significant 100 level against the the Japanese yen Thursday. USD/JPY, one...
German industrial output data lent strength to the euro on Wednesday and lifted the currency to nearly a one week high. Overnight the common currency maintained some of those gains and traded at...
Brent crude oil traded steadily near $104 on Thursday after positive data chipped away at demand outlook concerns. The commodity traded at $103.75 at 8:14 GMT on Thursday morning.Gains from positive...
Futures Lower After New Record HighsU.S. equity futures traded lower in early pre-market trade after the S&P 500 made new record highs again Wednesday. However, strength in bonds and the yen could...