|Day's Range||5,659.69 - 5,710.01|
|52 Week Range||4,555.99 - 5,710.01|
It’s a busy day ahead for the majors, with economic data, geopolitics and, corporate earnings in focus. Is a Boris Johnson magic act on the cards?
Investors took no chances upon hearing the news. Besides driving stocks lower and erasing some of Friday’s gains, hedgers drove December Treasury Notes 0.46% higher. December Comex gold futures rose 0.73% and the Japanese Yen jumped 0.24% higher. These protection moves are likely to increase if investors continue to turn sour on the deal.
It is a big week ahead, with corporate earnings, trade talks, Brexit and economic data in focus. There’s also the IFM meetings and the EU Summit.
Brexit news and progress on the U.S – China trade talks drove demand for riskier assets in the week, pinning back demand for the Dollar and the Yen.
Hopes for progress in trade talks between the U.S. and China as well as the U.K. and the European Union’s Brexit negotiations gave a lift to European stocks on Friday.
Past meetings between Liu and Trump this year have yielded positive progress on trade. For example, after their meeting in January, China increased its soybean buying. And their February meeting resulted in a delay in tariffs.
It’s a big day ahead on the geopolitical front. Progress on Brexit and U.S – China trade talks will be needed to support the majors.
Stocks gained on Wednesday as investors clung to hopes that the United States and China could yet agree some sort of trade deal, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever. Markets have begun October in a nervous mood, and this week has seen investors dump stocks on concern the U.S.-China conflict over trade and foreign policy is nowhere near a resolution and is increasingly damaging the global economy. With a little more than three weeks until Britain is scheduled to leave the EU, both sides launched into a blame game over the lack of agreement on the terms of their divorce, giving investors more to worry about.
European stocks steadied on Wednesday, but sentiment remained fragile as negotiations for a Brexit withdrawal deal seemed all but dead and the U.S.-China trade dispute triggered another round of selling. Washington is also moving ahead with discussions about restrictions on capital flows into China, Bloomberg reported.
Banks felt the pain as European stocks drifted lower on Tuesday, as worries over U.S.-China trade talks continued to weigh on sentiment.
The futures are pointing to a positive start to the day, in spite of weak stats out of Germany at the start of the week. Trade war chatter is key on the day.
The futures point to the red as the markets look ahead to the resumption of trade talks. German factory orders and Brexit will also be in focus…
Economic data is on the lighter side in the week ahead. The lack of stats will leave the majors in the hands of geopolitics…
While the majors defied the odds on Thursday, It’s sink or swim on the day ahead. A lack of stats leaves U.S NFP and wage growth numbers in focus…
Investing.com - European stocks turned lower again on Thursday after weaker-than-expected services Purchasing Manager Indexes stopped a rebound from Wednesday's steep losses. IHS Markit said the composite PMI for the euro zone in fell to 50.1 in October from 51.9 in September, indicating that growth all but stalled in the single currency region last month. Services, which have sustained growth so far this year while the manufacturing sector spun into recession, are now also clearly slowing down: the eurozone services PMI fell to 51.6 from 53.5.
Investing.com -- Europe's stock markets opened broadly lower on Wednesday, extending losses in the wake of a U.S. manufacturing survey that showed activity contracting at the fastest rate in 10 years. Sentiment was further depressed by reports that U.K. Prime Minister Boris Johnson's plans to avoid a disorderly Brexit at the end of the month had been badly received by the EU.
The European futures sit in the red as concerns over the Eurozone economy linger following Tuesday’s PMI numbers. Brexit news could support…
Major indexes are in the green today as China reportedly looks to ease tensions with a partial trade deal with the United States. Tematica Research Chief Investment Officer Chris Versace and PNC Chief Investment Strategist Amanda Agati join Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Jared Blikre to discuss.
Major indexes are in the red today as worries over the U.S.-China trade war rattles the market. Managing Director at Moody’s investors service Atsi Sheth and Managing Partner and CEO of iQ Capital Keith Bliss join Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Jared Blikre to discuss.
Major indexes are lower today with the United States imposing tariffs on Europe, and September job reports are due out tomorrow, with 148,000 expected. Heritage Capital founder and President Paul Schatz and AllianceBernstein Portfolio Manager-High Yield Will Smith join Yahoo Finance's Brian Sozzi and Alexis Christoforous to discuss.
Weakness in overseas markets comes amid new questions over Brexit, with British Prime Minister Boris Johnson giving an ultimatum to the EU, saying European leaders need to negotiate a new Brexit deal or the UK will leave without one. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss.