By Philip Lawlor, Head of Global Investment Research, FTSE Russell. Vaccine-lifted hopes of a quicker return to economic normalcy have triggered dramatic reversals across global financial...
OPEC talks pushed back but prices remain elevated Oil prices are pulling back a little, as OPEC and its allies struggle to find agreement on production...
The end of the annus horribilis is at hand, and despite the hard winter ahead for the northern hemisphere, there is a sense of optimism for...
ExxonMobil will record impairment charges of $17 billion-$20 billion in the fourth quarter related to certain natural gas assets, which are no longer a part of...
Futures Soar Just Shy Of Record Highs As Meltup Returns Ahead Of Powell Hearing Tyler Durden Tue, 12/01/2020 - 07:54 S&P futures and global stocks started...
Oil lower as OPEC deal remains elusive Crude prices remained heavy after OPEC+ had to postpone their meeting a few days to allow more time for...
What About Scottish Independence? Tyler Durden Tue, 12/01/2020 - 05:00 Authored by Bill Blain via MorningPorridge.com, Yesterday was St Andrew’s Day, Scotland’s National Saint’s Day. I...
It’s no secret the oil industry has been amongst those hit the hardest during the year of Covid-19. Industry giant Exxon Mobil (XOM) has also been...
Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don’t go up — you...
A Vaccine Won't Cure The 20-Year "Widow-Maker" Trade Tyler Durden Mon, 11/30/2020 - 14:25 Authored by Lance Roberts via RealInvestmentAdvice.com, Will a vaccine cure the 20-year...
The S&P/TSX Composite Index is the Canadian equivalent of the S&P 500 index. It includes 250 of the largest companies on the TSX. The post S&P/TSX...
Oil slides as OPEC+ debates production cut extension Oil prices are sliding as energy traders anticipate OPEC+ will only slightly delay oil output hikes by a...
Oil Facing Huge Short Squeeze As Props, HFTs Build 470MM Barrel Short Position Tyler Durden Mon, 11/30/2020 - 12:45 We have previously discussed the unprecedented build...
Oil Tumbles After Headlines Suggest Saudis Consider Quitting OPEC Joint Monitoring Committee Tyler Durden Mon, 11/30/2020 - 11:32 Update (1130ET): While there was a lot of...
Futures, Global Stocks Dip On Last Day Of Record Month For Markets Tyler Durden Mon, 11/30/2020 - 07:55 US equity futures and world shares paused on...
Will a vaccine cure the 20-year "Widow-Maker" trade? In 1999, a media personality stated that "investing like Warren Buffett was like driving dad's old Pontiac." Of course,...
GOLD Despite the new week starting with stock markets in red, gold has so far been unable to rebound. The... The post Daily market commentary: Risk...
Energy giant ExxonMobil has called off the sale of its oil and gas assets in the Bass Strait in Australia, according to the Australian Financial Review....
Global Inflation Watch - The Case For Gold As Future Money Tyler Durden Sun, 11/29/2020 - 20:30 Authored by Alasdair Macleod via Goldmoney.com, This article posits...
National Income and Product Accounts numbers that is. I was prepping for macro lecture on Monday, which covers open economy macro. One topic I planned to...
The dollar's losses were extended last week, but among the majors, only the New Zealand dollar and the Swedish krona made new highs for the year. Last...
Oil steadies as OPEC+ prepares to get discussions underway Oil prices are sitting a little off their highs on Friday following another impressive week that saw...
Futures Rise On Black Friday As "MAssive" Month-End Pension Selling Fails To Appear Tyler Durden Fri, 11/27/2020 - 08:14 According to Goldman and JPMorgan, markets were...
Frontline shares plunged 8.6% on Wednesday as the oil tanker company lagged analysts’ earnings expectations for the third quarter and suspended its dividend plan. The company...
Saudi Aramco's Landmark IPO Is Costing The Kingdom Billions Tyler Durden Fri, 11/27/2020 - 03:30 Authored by Simon Watkins via OilPrice.com, The initial public offering (IPO)...
ExxonMobil plans to axe up to 300 jobs in Canada by the end of 2021 as the oil major continues to grapple with the impact of...
With the US closed for Thanksgiving and little to get excited about on the news front, the Asian session has had a muted start. Markets have...
Futures Flat, Global Stocks Mixed In Thin Thanksgiving Trade Tyler Durden Thu, 11/26/2020 - 08:12 Global stocks held near record highs on Thursday, with US equity...
Commenting on the Nasdaq breaching its all-time high today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more Nasdaq Breaches...
Wall Street mixed ahead of Thanksgiving The New York session was a mixed one as markets digested the pre-Thanksgiving holiday data dump, and investors lightened bullish...