U.S. stock index futures were lukewarm during early morning trading Tuesday.
Archiv für den Monat: Februar 2022
Stocks making the biggest moves after hours: Take-Two, Simon Property, Chegg & more
Check out the companies making headlines in after hours trading.
Peloton slashes its full-year revenue outlook as company overhauls C-suite, cuts 2,800 jobs
Peloton on Tuesday slashed its financial outlook for the full year as the company announced CEO John Foley will be stepping down.
Oil giant BP reports highest profit in 8 years on soaring commodity prices
BP’s results come at a time when millions of U.K. households are facing a record-breaking increase in their energy bills amid a cost of living crisis.
BNP Paribas earnings beat expectations with ’strong momentum‘ in domestic markets
„We followed the buoyant economy,“ CFO Lars Machenil told CNBC as the results were published.
The ruble might be the tell
I wrote last week about the opportunity in selling USD/RUB on the possibility of no war in Ukraine. The thinking is that RUB is deeply undervalued on war worries and isn’t close to reflecting the price of oil and gas.
With some positive murmurs from Putin and Macron, the market appears to
With some positive murmurs from Putin and Macron, the market appears to
Everything You Need to Know About the USD Smile Theory
Stephen Jen,
a former economist at the International Monetary Fund and Morgan Stanley, came
up with a theory that explains how the USD behaves in different circumstances and
called it “The Dollar Smile Theory”.
a former economist at the International Monetary Fund and Morgan Stanley, came
up with a theory that explains how the USD behaves in different circumstances and
called it “The Dollar Smile Theory”.
The dollar
smile theory states that the USD tends to strengthen both when the US ec
US 10-year yields back off 1.97% on the first challenge
The November 2019 high of 1.973% is the gatekeeper for 2% US Treasury yields. A slip through that level could set off stops through the figure. I expect a big challenge of that level around Thursday’s US CPI report but it could come sooner.
Today yields rose as high as 1.960% but we’ve seen
Today yields rose as high as 1.960% but we’ve seen
US January NFIB small business optimism index 97.1 vs 97.5 expected
Prior 98.9The index slips to an 11-month low (lowest since February last year) amid persistent worker shortages and higher prices for materials. Supply and capacity constraints being the glaring factors leading to those issues. On the price front, the share of small businesses raising average sellin
WTI crude sees quick drop in fall below $90
French president Macron’s words here may be a bit of a trigger but honestly, I don’t see much in that to suggest that there is any material receding in tensions between Russia and Ukraine. Not when the Kremlin already sent out its own message earlier here.
But as mentioned earlier, oil could be faci
But as mentioned earlier, oil could be faci