The stocks making the biggest moves in premarket trading include G-III Apparel, U.S. Concrete, QTS Realty Trust, and more.
S&P 500 is flat to start the week, sitting inches from a record high
The S&P 500 sits just 0.2% from its intraday record high earlier in May. The benchmark advanced 0.6% last week to bring its 2021 gains to more than 12%
Market bull lists inflation as top risk, warns investors may get a ‚wake-up call‘ this summer
Federated Hermes‘ Phil Orlando worries inflation could be stickier than the Federal Reserve anticipates, and it could spook Wall Street.
Markets Week Ahead: Dow Jones, Gold, Canadian Dollar, BoC, Euro, ECB, US CPI
The Dow Jones ended on an upbeat as the US Dollar and Treasury yields weakened. Ahead, the Canadian Dollar and Euro are eyeing the BoC and ECB respectively. Will gold prices weaken on the US CPI re…
Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control
The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.
ForexLive European FX news wrap: Steady as she goes
Forex news from the European trading session – 7 June 2021
Headlines:
Markets:
– AUD leads, USD lags on the day
– European equities a little higher; S&P 500 futures flat
Headlines:
Markets:
– AUD leads, USD lags on the day
– European equities a little higher; S&P 500 futures flat
Yellen: US economy is transitioning to pre-pandemic state
US Treasury secretary, Janet Yellen, with pre-recorded remarks at the SelectUSA Summit
– Historic relief will restore full employment in 2022
That comment on on the labour market is interesting as it does have some connotations to the Fed timeline on tightening policy. If anything, such an outlook suggests that tapering will come by some time this
– Historic relief will restore full employment in 2022
That comment on on the labour market is interesting as it does have some connotations to the Fed timeline on tightening policy. If anything, such an outlook suggests that tapering will come by some time this
Payrolls but just another figure
The non-farm payrolls release is quickly put in the rearview mirror
I don’t expect much reverberations in the market from the NFP release on Friday and things are keeping calmer for now.
I don’t expect much reverberations in the market from the NFP release on Friday and things are keeping calmer for now.
Major currencies muted so far on the session
Little going on to start the new week
Major currencies are keeping within 0.1% change against the dollar right now as we are observing a bit of a lackadaisical start to the ne week.
Major currencies are keeping within 0.1% change against the dollar right now as we are observing a bit of a lackadaisical start to the ne week.
Euro not likely to find much upside from the ECB this week
How are things shaping up ahead of the ECB later on Thursday?
Expectations for a lively ECB meeting has died down quite a bit but tapering of PEPP purchases is still certainly on the table. I’ll try to make this as succinct as possible.
Expectations for a lively ECB meeting has died down quite a bit but tapering of PEPP purchases is still certainly on the table. I’ll try to make this as succinct as possible.