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As the coronavirus continues to spread rapidly around the globe, infections in the U.S. are on the rise with at least 55,231 confirmed cases and 801 deaths reported.To contain the pandemic in the...
Extreme Fed easing measures to soften credit-risk saturated markets U.S. futures hit daily up-limit as global stocks surged Gold rose for the third day, regaining its previous luster Key EventsOn...
With XAU/USD rising for the third day, could gold be reclaiming its glittering crown? Several analysts, including those at Goldman Sachs, seem to think so. And the technicals appear to agree with...
Is the first U.S. gasoline build in eight weeks looming? At least one veteran watcher of the energy space seems to think so.Dominick Chirichella, who has tracked the oil and gas markets for over...
Let’s start with a quick quiz. What do toilet paper and marijuana have in common?It turns out, in a crisis, people want to hoard both. Yes, as the economy crashes, pot stocks — at least a...
The race to develop a vaccination to fight the deadly coronavirus is on. And as the competition intensifies along with the global emergency, investors are scooping up shares of those biotech companies...
S&P 500 futures trigger limit down, before reversing OPEC-Texas production truce fades Indian stocks plunge over 11%, rupee falls to all-time low Key EventsU.S. futures for the S&P 500, Dow...
Financial markets are crashing hard as the coronavirus pandemic tightens its grip, threatening economies, livelihoods and lives across the globe. It’s hard to tell when markets will hit the...
Yes, we know that the headline may evoke some disparaging comments. Yes, we’re aware that there’s a global pandemic that's disrupting manufacturing lines and shipping supply chains, and we...
How long will it be before crude trades in the teens?It's a question without doubt in the minds of us all, though another question to be asked is what will happen to shale oil at those prices.West...
Economic data expected this week to reflect virus-related slowdowns S&P 500 down 30% in just five weeks; will government easing slow the negative spiral? EU warns of recession similar to 2009...or...
Investors should brace for another volatile trading week in the U.S. Coronavirus continues to spread, the administration races to mitigate the economic fallout from the deadly pandemic, and markets...
Over the last decade, Texas could only think of one thing to tell its oil industry: “drill, baby, drill!”Now, the Lone Star State is telling those same drillers: “slower, baby,...
The S&P 500’s 30% plunge in the past month, the fastest in the stock market history, has created buying opportunities for both retail and wealthy investors.Some of the world’s...
U.S. dollar hits highest point since March 2017 GBP lowest in over three decades; AUD lowest since 2002 Oil rebounds from 18-year lows Key EventsU.S. futures for the Dow Jones, S&P 500 and NASDAQ...
There have been two previous, major financial markets crashes in the past 20 years. During both, the U.S. dollar became the life raft of choice that everyone wanted to cling to.The more recent,...
For some longs in natural gas still shuddering at finding themselves at 25-year lows after this week’s 14% price collapse, I hate to be the bearer of this news: the worst isn’t over.The...