Today's Markets

DAX Under Pressure, Investors Eye Fed Minutes

The DAX index has posted losses in the Wednesday session. Currently, the index is trading at 12,428.50 down 0.48% since the Tuesday close. On the release front, German and Eurozone Manufacturing PMIs slowed in January. The German PMI dipped to 60.3, shy of the estimate of 60.6 points. It was a si ...

USD/CAD – Canadian Dollar Subdued Ahead of Fed Minutes

The Canadian dollar has recorded slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2669, up 0.16% on the day. On the release front, there are no Canadian releases on the schedule. In the US, the key event is the Federal Reserve minutes from the January meeting. We’ll also ...

BoE Hearing and Fed Minutes in Focus

US Futures Continue to Pare Last Week’s Gains US equity markets are expected to open in the red again on Wednesday, tracking losses in Europe as stocks continue to pare last week’s strong rebound. It’s been a relatively quiet start to the morning and the week, with the bank holiday in the US a ...

Trend Behavior: Comparing US vs. Emerging Markets Stocks

Standard finance theory tells us to select weights for stocks and other asset classes based on market value. By that standard, emerging markets deserve a relatively light touch in portfolios. But this strikes some investors are misguided. As Frontera, a research shop, noted last year, “Emerging M ...

EUR/USD – Euro Ticks Lower as German Manufacturing PMI Softens

The euro has posted small losses in the Wednesday session. Currently, the pair is trading at 1.2317, down 0.16% on the day. On the release front, German and Eurozone Manufacturing PMIs slowed in January. The German PMI dipped to 60.3, shy of the estimate of 60.6 points. It was a similar story with t ...

Tech Talk for Wednesday February 21st 2018

  Observation Gasoline prices continue to move higher. ‘Tis the season for strength to the end of May!   StockTwits Released Yesterday @EquityClock Technical action by S&P 500 stocks to 10:00: Quiet. No intermediate breakouts. Breakdown: $WMT Editor’s Note: After 10:00 AM EST, breakouts in ...

TheDailyGold Premium Flash Update (2/21)

This 8-page update covers the short-term and medium term outlook for the precious metals sector. We discuss targets for Gold, Silver and the gold stock indices as well as current sentiment readings in Gold and Silver. We also comment on Bonds and their short-term outlook as well as the outlook beyo ...

Yield-o-Mania

Yield-o-Mania Global yields ratcheted higher after a stronger than expected jump on Germany’s PPI which bolsters the hotter than expected comprehensive inflation narrative. But it was the jump in US 2-year note yields that provided the extra boost to the US dollar as shorter-dated tenors provides ...

Eurekahedge: Greater China Mandates Pay Off for January

A new Index Flash Update from Eurekahedge says that hedge funds are off to a positive start to 2018. The industry globally gained 2.26% in January. Among developed world mandates, North American hedge funds were up 1.89%, followed by those of Japan and Europe, which gained 1.28% each. Higher numbers ...

Walmart stock selloff shelves rally for U.S. markets

Retail giant’s biggest stock decline in three decades snaps six-day winning streak for the Dow ...