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After much talk of an imminent recession, we find ourselves once again back in a roaring bull market. The latest leg higher in equities — which has pushed the benchmark indices to records...
* Reports Q3 2019 earnings Thursday, Nov. 21 before the bell* Consensus EPS: $0.01 * Revenue Expectation: $5.33B When Macy’s Inc (NYSE:M) reports its third-quarter earnings tomorrow, it has to...
U.S. futures, European stocks markedly in the red as China rebukes U.S. interference in Hong Kong turmoil Gold, yen and dollar all climb on risk off; yields tumble Australian shares take a hit from...
For at least two weeks, oil prices had an unreal, even embarrassing feel to them, rallying in an almost straight line on the puff that the U.S.-China agreement was “close” to happening,...
Rising U.S. crude inventories, a weakening Chinese economy and an ever-elusive trade deal are setting up oil prices for another fall. WTI edged down, slipping from a rebound and extending a slide for...
Trade tensions are putting investors on the defensive, and the yen is geared up for another leg in last week’s rally.Markets appear paralyzed as investors seek a reliable view on whether there...
With all the manufactured excitement over U.S.-China progress and oil bulls’ fantasy over where crude prices could go, it’s a little easy to lose sight sometimes of the commodities that...
Last week was like a bomb that hit the cannabis industry. By the time the dust settled, no less than $5 billion (C$6.6 billion) in market capitalization was wiped out from the value of the five...
Is leadership at the European Central Bank (ECB) going from the imperious to the imperial? In one of her first acts as president of the ECB, Christine Lagarde, last week, took the other 24 members of...
Sterling is gearing up for another leg higher, after UK Prime Minister Boris Johnson boasted over the weekend that every Tory candidate supports his Brexit deal. His swagger seems to have ended a...
U.S. futures climb as investors cling onto trade optimism—for how much longer? British pound completes bullish pattern as PM Johnson wins full party's support for Brexit deal Hong Kong's...
Retail week is upon us, the final portion of earnings season which traditionally closes this period of reporting. A variety of big retailers are in the spotlight in the coming week, and most have done...
The trade deal headlines might have become tiring to the traders, but not to their machines. Headline-reading algorithmic trading models will remain alert to words like “close,”...
After a powerful rally that sent major U.S. indices to new record highs last week, markets are entering a sensitive phase. The march higher could face a hurdle this coming week if the U.S. and China...
After three months of underperformance, the shares of Walt Disney Company (NYSE:DIS) are again flirting with a record high. The latest momentum is backed by investors’ enthusiasm that the...
U.S. futures, European shares drop on downbeat economic data, lingering trade frictions Yields slip, gold climbs on risk off Oil price surges on Trump's Syria remarks Key EventsEuropean stocks and...
A couple of weeks back, we explored in this column the wild bronco ride that natural gas can be. After five out of six weeks in the red, gas futures on New York’s Henry Hub suddenly turned...