Equities Consolidate after Sharp Fall; US Inflation in Focus

Posted February 12th, 2018 by FlorencP84 and filed in General News

Stock markets consolidate after the massive selloff last week. US dollar softens recovering to the highest in more than two weeks last Friday. Treasuries were mixed with yields hovering around 4-year highs. Traders also take time to digest the budget deal which would boost spending by US$300B over the next two years. The deal allows temporary financing of the government through to March 23 and suspends the debt ceiling for a year.

View original here: 
Equities Consolidate after Sharp Fall; US Inflation in Focus

Sterling Firm in an Otherwise Risk-Off Market

Posted February 9th, 2018 by PamelaGruner and filed in General News

Selloff of the stock market resumed with the DJIA plunging another 1000 points Thursday. Shares in Asia Pacific followed suit today with Hong Kong’s Hang Seng Index breaking below 30000 for the first time since December last year. China’s CSI 300 index has slumped over -4% in morning session. Treasury yields strengthened while US dollar was mixed.

Read the rest here:
Sterling Firm in an Otherwise Risk-Off Market

Crude Oil’s Slump Exacerbated by Rising Inventory

Posted February 8th, 2018 by JennieCorreia0 and filed in General News

World stock markets stabilized although the recovery appears lacking momentum. US dollar remained firm against major currencies with the DXY index closing above 90 for the first time since January 23. Treasury yields resumed strength after two days’ of consolidation. The market has priced in a 90% chance of a Fed funds rate hike in March.

More: 
Crude Oil’s Slump Exacerbated by Rising Inventory

Financial Markets Stabilized but Elevated VIX Suggests High Volatility Remains

Posted February 7th, 2018 by TarahRug9648 and filed in General News

Financial markets stabilized. Regional stock indices generally rebounded as Asian markets open, though the magnitudes have reduced later in the session. Wall Street extended weakness earlier in the day but then pared the losses, with DJIA and S&P 500 indices settling +2.335 and +1.74% higher. European shares slumped, catching up with the selloff in the US market on Monday. The pan-European STOXX 600 index fell -2.3%, its seventh straight session decline

Read more:
Financial Markets Stabilized but Elevated VIX Suggests High Volatility Remains

World Stock Markets Dived as Dow Slumped over 1000 Points

Posted February 6th, 2018 by EleanorBecher and filed in General News

Selling pressure in stock markets accelerated. Recall the slump in Wall Street overnight, DJIA dived as much as 1 500 points at one instant before recovery. Led by energy and financial shares, the index ended the day at 24346, down -1175 points or -4.6% for the day. S&P 500 index also fell -113 points, or declined -4.1%, to settle at 2648.94 for the day. Volatility has clearly increased with the VIX index up +13 points to the highest level in three years

Read the original here:
World Stock Markets Dived as Dow Slumped over 1000 Points

Profit-Taking Continues as Strong US Data Anchored Rate Hike Speculations

Posted February 5th, 2018 by jeanetterempe20 and filed in General News

Risk-off mode is carried forward to Monday with major Asia Pacific indices and commodity prices slumping. Hong Kong’s Hang Send index has fallen -1.78% in morning session while China’s CSI 300 index was down -0.73%. Japan’s Nikkei 225 index tumbled -2.26% while Australia’s S&P/ASX 200 index declined -1.65%. Treasuries remained under pressure after yields soared to 4-year highs last Friday.

More:
Profit-Taking Continues as Strong US Data Anchored Rate Hike Speculations

Rate Hike Hopes Lifted Yields to 3-Year High, Failed to Boost USD

Posted February 2nd, 2018 by CharliPhhvwjvhga and filed in General News

Robust US data anchored expectations of a March rate hike and a total of three rate hikes this year. While this lifted yields, sending 10-year Treasury yields further higher, it failed to boost the greenback. In the Treasury market, 10-year yields soared +6 bps to 2.77%, the highest level since April 2014, while that on two year notes climbed +2 bps to 2.16%.

Go here to see the original:
Rate Hike Hopes Lifted Yields to 3-Year High, Failed to Boost USD

FOMC More Confident Over Inflation Outlook

Posted February 1st, 2018 by AidenLyke332 and filed in General News

The Fed turned more upbeat on the economic and inflation outlook. The market also viewed the Fed’s language that there would be “further increase” in the policy rate as a hawkish move. While this helped send short-term Treasury yields higher, US dollar failed to maintain the recovery. Meanwhile, in its quarterly funding statement, the Treasury indicated it would raise the size of short-term debt sales in the coming months more than medium- and long-term debt auctions.

Original post: 
FOMC More Confident Over Inflation Outlook

Potential Decline in Healthcare Profit, Falling Oil Prices and Rising Bond Yields Hammered Wall Street

Posted January 31st, 2018 by ChastityY20 and filed in General News

Wall Street got dumped for a second day, led by healthcare shares and, to a lesser extent, by oil stocks. DJIA and S&P 500 indices fell -1.3% and -1.09%, respectively, for the day. For the healthcare sector, the market was unnerved by the news that Amazon, Berkshire Hathaway and JPMorgan have planned to form venture, aiming at reducing healthcare costs for their US employees.

Read more:
Potential Decline in Healthcare Profit, Falling Oil Prices and Rising Bond Yields Hammered Wall Street

Rise in Treasury Yields Sent Greenback Higher

Posted January 30th, 2018 by lilabejah742437 and filed in General News

US dollar recovered across the board, helped by the rise in global yields as well as bargain-hunting after last week’s selloff. The DXY index gained +0.27%. EURUSD, losing -0.62% for the day, was the worst performer among the major currencies but speculations of a more hawkish ECB remained on track. A media report indicated that the ECB’s running assumption remains a three-month wind down in the QE program after the current purchases (30B euro/ month) complete in September.

View original post here: 
Rise in Treasury Yields Sent Greenback Higher