Bond markets are sending one big global recession warning
Traders signal offers in the Ten-Year Treasury Note Options pit at the Chicago Board of Trade. Scott Olson | Getty Images The U.S. bond market just flashed what could be its biggest warning yet of a coming recession, and it...
US import prices unexpectedly rise, but trend remains weak
U.S. import prices unexpectedly rose in July, but the underlying trend remained weak, pointing to subdued imported inflation. The Labor Department said on Wednesday import prices increased 0.2% last month as a rebound in the cost of petroleum products offset...
Markets Pare Tariff Gains
Trump gave investors a big lift on Tuesday as he unexpectedly announced a delay on tariffs on some Chinese imports, alleviating some of the trade war concerns. The delay impacts around half of the $300 billion of imports and quite...
BTCUSD Slips Below 100-EMA And Ichimoku Cloud
The famous crypto Bitcoin came under fresh selling after slumping below the 100-period exponential moving average (EMA) and the Ichimoku cloud in the four-hour chart. According to the RSI and the Stochastics the market is fluctuating in oversold waters and...
Sentiments Lifted by Delay of Some US Tariffs on China, But Markets Stay Cautious
Market sentiments staged a strong rebound overnight after US Trade Representative announced to delay tariffs on some Chinese imports. However, there seems to be no committed follow through buying/selling yet. DOW hit as high as 26426.97 but closed at 26279.91,...
Reprieve: Roughly 60% of New Tariffs Delayed
Our analysis of today’s announcement of a postponement of a subset of the tariffs on imported Chinese goods suggests that about 60% of the total, or roughly $155 billion worth of goods, will be delayed. The 10% tariff on the...
Stocks making the biggest moves after hours: RealReal, Tilray, and Myriad
Julie Wainwright (C), CEO of The RealReal takes part in the company’s IPO at the Nasdaq MarketSite in New York, June 28, 2019. Lucas Jackson | Reuters Check out the companies making headlines after the bell: Shares of RealReal surged...
Amazon’s Prime Day promotion pumped up July’s total retail sales, BofA says
Boxes sealed with Prime Day tape move along a conveyor ahead of shipping from an Amazon.com Inc. fulfilment center during the online retailer’s Prime Day sales promotion day in Koblenz, Germany, on Monday, July 15, 2019. Krisztian Bocsi | Bloomberg...
Sterling Rates Show ‘No-Deal’ Complacency Remains
In terms of pound capitulation, perhaps the worst is yet to come Overview With Boris Johnson pledging billions of pounds in public funding within weeks of becoming Britain’s Prime Minister Westminster and markets are preparing themselves for the possibility of...
Copper Futures Fail to Close Below 2.54; Move Back Sideways
Copper futures were unable to close below the 2.54 hurdle, and the bulls logged gains, sending the metal back into the neutral sideways market that has lasted for three months. The momentum indicators suggest the short-term negative trend is weakening....
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