After stocks closed on Friday at their 52nd record high of the year, when Powell’s unexpecteldy dovish Jackson Hole sparked a meltup in risk assets and a meltdown in the dollar, on […]
US equity futures are trading where they were on Monday evening, having flatlined in a narrow, boring 20-points range on either side of 4480 for the past week, as virtually nobody wanted […]
S&P futures continue to trade as if paralyzed in a tight 20-point range on dismal volumes just below 4,500 for the 3rd day in a row, and overnight they are fractionally in […]
In a perfect storm of adverse developments suddenly sweeping the complacent and calm sea of manipulated global markets, overnight futures plunged, global stocks slumped, commodities tumbled, as investors rushed to the safety […]
US equity futures rebounded from the latest China regulatory scare which saw shares of Tencent plunge as much as 11% after Chinese state media criticized online gaming as “opium for the mind,” […]
Since the start of Q2 2021 bond prices and stock prices have, quite unusually, risen alongside each other as they each reinforced the narrative of a reflation trade that will lift all […]
U.S. stock-index futures rebounded from Monday’s rout and European stocks were modestly in the green as investors weighing corporate earnings against the uncertain outlook for global growth, or as Bloombnerg put it, […]
US index futures rebounded from yesterday’s modest drop helped by a rise in mega-cap technology stocks as investors awaited Federal Reserve chair Jerome Powell’s testimony and more earnings reports from big banks […]
As is well-known by now, the July OPEC+ meeting never concluded as the UAE and Saudi Arabia/Russia failed to overcome their differences, with the former asking for a higher baseline from April 2022 and […]
US equity futures rebounded from a modest overnight drop in a rangebound session, coiled as investors turned cautious ahead of a policy decision from the Federal Reserve which some such as DB’s […]
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