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[Reuters] World stocks start month firmer as risk sentiment rebounds [BloombergQ] Chinese Stocks Rise on Stimulus Bets as Yuan Gains on Fixing [Reuters] Oil Falls to Two-Month Low as U.S. Supply Surge Allays Iran Fear [Reuters] Money Markets – Dollar Libor posts biggest one-day rise since March [Reuters] U.S. productivity growth slows in the third […]
[BloombergQ] Stocks Rally to End Painful Month; Treasuries Drop: Markets Wrap [CNBC] ‘Robust’ jobs market sees another 227,000 hires in October [Reuters] Rising wages boost U.S. labor costs in third quarter [Reuters] U.S. Treasury to boost auction sizes, create new inflation-indexed issuance [Reuters] Money Markets-LIBOR posts biggest monthly rise since March [Reuters] How the U.S. […]
Ed Easterling of Crestmont Research joins the program this week to discuss: Current high stock P/E points to low long term returns Every decade this century we have had up to 4 recessions – we are overdue Stock metric chart (Click Here to view) helps determine when to buy & when to sell To learn […]
[BloombergQ] U.S. Stocks Rise in Volatile Trading, Bonds Drop: Markets Wrap [BloombergQ] China’s Yuan Drops to a Decade-Low, 7 Per Dollar Now in Sight [BloombergQ] China Shares Jump on Trump Comments, Yuan Flirts With Decade Low [CNBC] Home price gains fall below 6% for the first time in a year: August S&P Case-Shiller index [Reuters] Trump […]
[BloombergQ] U.S. Stocks Rally With Dollar as Bonds Slump: Markets Wrap [CNBC] Chinese markets take another tumble amid a brutal October for mainland stocks [Reuters] Euro weakens on report Germany’s Merkel won’t seek re-election as party chair [Reuters] Oil edges lower as economic outlook grows gloomier [Reuters] U.S. spending rises; income posts smallest gain in […]
[BloombergQ] Bond Traders, Spooked by Tumult in Stocks, Doubt Fed’s Rate Path [Reuters] Take Five: World markets themes for the week ahead [BloombergQ] Everything You Need to Know About Brazil’s Election: Balance of Power Special [WSJ] Drilling Down Into the Volatility in Financial Markets [WSJ] U.S. Economy Flashes Signs It’s Downhill From Here [WSJ] China’s […]
[Reuters] China regulator urges Beijing banks not to force liquidation of pledged shares: Yicai [Reuters] China’s industrial profits growth slows for fifth month as orders wane [CNBC] The ‘unbeauty contest’: All you need to know as Brazilian voters prepare for an election showdown [Reuters] More violence feared as Brazil braces for far-right presidency [CNBC] Populism […]
Let’s begin with global. China’s yuan (CNY) traded to 6.9644 to the dollar in early-Friday trading, almost matching the low (vs. dollar) from December 2016 (6.9649). CNY is basically trading at lows going back to 2008 – and has neared the key psychological 7.0 level. CNY rallied in late-Friday trading to close the week at […]
