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The Bitcoin meltdown that took on speed this weekend continues today. The selloff of the digital currency has now taken the token below the psychological round $50,000 threshold, a level beneath which...
Treasury yields and oil rise but possibly within bearish larger moves China tech plunges on US delisting worries Key EventsOn Monday, US benchmark futures for the S&P 500, Dow Jones, NASDAQ and...
If there was any doubt before that Christine Lagarde is out of her depth as head of the second-most important central bank in the world, the floundering at the European Central Bank (ECB) in the face...
Unlike many other stocks, shares of iPhone-maker, Apple (NASDAQ:AAPL) are holding up quite well during the current bout of market volatility, triggered by the emergence of a new COVID-19 variant,...
Stocks on Wall Street ended lower on Friday, with the S&P 500 wrapping up a volatile week dominated by uncertainty around the Federal Reserve's policy tightening path as well as the impact of the...
Equity investors will likely see another bout of volatility next week as concerns grow over the outlook for the global economic recovery after the emergence of the Omicron variant of COVID which has...
Supply-chain issues have been in the spotlight in recent months. The reopening of global economies has meant increased demand in different segments, leading to shortages as well as higher prices. In...
A year-end sell-off is accelerating in raw sugar as concerns about demand are heightened by the new COVID variant, Omicron. After a drop of almost 7% over two weeks, the question...
Two weeks ago, I asked this pertinent question in my column on natural gas: Could it hit mid-$4 or below, before the cold really arrives in the United States?At the time of my muse, the spot...
Yesterday, we pointed out that based on fundamentals, gold should have weakened after the Federal Reserve Chairman, Jerome Powell, made a clear, strong case for tightening monetary policy....
Streaming entertainment giant NFLX stock is up around 17.5% in 2021. Netflix’s content offerings, such as Squid Game and La Casa de Papel, have helped increase subscriber numbers...
COVID variant keeps markets on edge Volatility remains The dollar steadies Key EventsAs European shares followed the lead of yesterday's performance on US markets and opened in the red, US futures on...
The final week of November brought increased volatility to broader markets. But when looking at the year as a whole, so far the Dow Jones, the S&P 500 and the NASDAQ 100 are up 12.9%, 22.0% and...
Global coffee chain operator Starbucks (NASDAQ:SBUX) is under pressure after staging a powerful rebound this summer from the pandemic-induced weakness.Its stock, after surging to a record high in...
Fed Chair Jerome Powell testified before Congress on Tuesday and among other things said inflation is a bigger problem than the central bank had admitted until now. He added that it's now appropriate...
Investors in ride-hailing heavyweight Uber Technologies (NYSE:UBER) have not had a good 2021. UBER stock, which trades around $38, is down 25% year-to-date. Shares saw a 52-week low on Nov. 20. The...
Dollar rises despite Powell testimony and market narrative Treasury yields flatten on Fed hawkishness Oil recovers Key EventsUS equity futures on the Dow, S&P, NASDAQ and Russell 2000 rallied...