Federal Reserve

Just when you thought it might be safe to forget about the Middle East for a while, it comes back to bite the market. Summer was pretty quiet in the region after a tense spring, maybe giving people a false sense of security. Now, with half of Saudi Arabia’s crude production disabled by an...

With the attacks on Saudi Arabia’s oil facilities sending crude prices sharply higher, today’s focus will be on the WTI and Brent Crude products. The WTI broke out on the news to 63.34 overnight before pulling back when the Trump administration announced it would authorize the release...

There are only 10 more days left of summer 2019, and just like the weather it seems that trade tensions are cooling off. Ahead of expected talks between China and the United States next month, both sides have taken steps to de-escalate a trade dispute that has lasted more than a year and helped...

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon downplayed the likelihood of interest rates hitting zero, but the bank executive is taking steps to prepare for it, CNBC reported Tuesday.  What Happened Dimon said Tuesday at a conference in New York he doesn't believe the U.S. will...

If today has a theme, it could be “follow-through.” The question going in is, can stocks pick up on the momentum where they left off late Tuesday? Though stocks were down most of the day yesterday, they clawed back to close around flat and near the day’s highs, with the Dow Jones...

By Avi Gilburt, ElliottWaveTrader.net  I think this market has been providing many investors with whipsaw and headaches, which has also caused much head scratching. (And, yes, that little itch may be telling you something.) Back in November of 2018, no one even considered the possibility of a...

Last week, it was all about jobs data and comments from Jerome Powell. And while Non-Farm Payrolls disappointed, coming in slightly below expectations at 130k vs. 160K – Powell did not! The Fed Chair said he doesn’t foresee a U.S. recession and the U.S. economy is in a good place. U.S....

To cap a week where economic data has painted a mixed picture of the U.S. economy, a widely anticipated report on the jobs market came in weaker than expected. Government nonfarm payroll data showed that the world’s largest economy added 130,000 jobs in August, well below aBriefing.com...

Investors appear to be in an optimistic mood this morning on news that the United States and China have agreed to high-level trade talks next month. The world’s two largest economies will also hold preparatory consultations during the middle of this month. The news seems to be helping Wall...

Over the next two days, attention should shift back to one of the key forces in markets right now: Jay Powell's dilemma. Not a whole lot has changed since we last heard from the Fed chief, and therein lies the tension. U.S. manufacturing trends are showing signs of following the rest of the...

Since the financial crisis that wiped billions of dollars off markets in 2008, capital markets around the world have enjoyed a nice run over the last decade. The stellar economic growth of both developed and emerging regions formed the backdrop for this market performance and investors were left...

EUR/USD has hit new two-year lows, further below 1.1000. Tuesday's daily chart is pointing to oversold conditions as 2017 levels come into play. US developments may trigger a short-term recovery. Dropping below 1.1000 has proved detrimental for EUR/USD – which extends its downfall and...

In the last trading session before a U.S.-holiday weekend, investors appear to be optimistic a day after some of the trade tensions between China and the United States seemed to thaw a little. With the trade war between the world’s two largest economies arguably the single biggest thing on...

It feels like we’re watching a rerun. Lower bond yields early Wednesday appeared to have the stock market under pressure in an episode that’s run over and over this summer. Focus is firmly on the yield curve, which remains inverted between the two- and 10-year. Meanwhile, the 30-year...

After a “turn-around Monday,” Tuesday dawns with stocks looking stuck in neutral. The bond market might end up being front and center as the day continues, with strength there pushing yields back toward last week’s lows. Though action was mixed to slightly higher overnight in...