Economy

Meanwhile, WTI oil found itself under pressure after API report indicated that crude inventories increased. Stocks Lack Momentum But Stay Close To All-Time High Levels S&P 500 futures are swinging between gains and losses despite strong earnings reports from Alphabet and Microsoft. Both giants easily…

With markets primed for a Bank of England interest rate rise as soon as next week, UK policymakers now start to face an uncomfortable entanglement of monetary and fiscal policy bequeathed by central bank bond buying, or ‘quantitative easing’. Wednesday sees UK finance minister Rishi…

NGI is reporting that Thursday’s government storage report may reveal another larger-than-normal increase. Natural gas futures are trading higher early Tuesday, but well off its intraday high as traders continued to react to weekend reports that put much cold temperatures in the forecast. The market…

Meanwhile, gold moved back below the important $1800 level. Strong Earnings Reports Provide Support To S&P 500 S&P 500 futures are moving higher in premarket trading as traders focus on strong earnings reports. Shares of Facebook are gaining ground in premarket action after the company’s…

The company joins Apple, Amazon, and Microsoft, all of which have a trillion-dollar market valuation On Monday, Tesla’s market value surpassed $1 trillion following news that Hertz plans to add 100,000 electric vehicles to its fleet by the end of 2022. Approximately one fifth of…

The week ahead will give European Central Bank policy makers another chance to ponder just how sticky inflation really is, while U.S. corporate earnings will be dominated by FAANGs. 1/FOLLOW THE HERD? Not for the first time – and likely not the last – the…

LONDON (Reuters) – The inflation genie is finally out of its bottle. Now investors are waiting to see whether the European Central Bank on Thursday admits that price pressures are too significant to ignore. They will also want an explanation of what that means for…

LONDON/TOKYO (Reuters) – Global shares were on course for their third straight week of gains on Friday, buoyed by tech stocks in Asia overnight, while the dollar dipped and oil prices held steady. MSCI’s broadest gauge of global shares was up 0.1% in early European…

Meanwhile, gold is trying to settle above the $1800 level. Stocks Stay Strong Ahead Of The Weekend S&P 500 futures are moving higher in premarket trading, and the market looks ready to test new all-time high levels. The yield of 10-year Treasuries has recently made…

LONDON/TOKYO (Reuters) – Shares from Asia to Europe gained on Wednesday on rising optimism about the global economy and corporate earnings, while government bond yields rose and the yen fell to its lowest in four years against the dollar. The regional Euro STOXX 600 traded…