*China cuts rates again to shore up economy; firm buying interest. MANILA, March 2- Gold rose to its highest level in nearly two weeks on Monday, backed by firm Chinese demand. "The prospects of better growth and stronger income should boost gold-buying in China," said Howie Lee, an investment analyst at Phillip Futures in Singapore.» Read More
Mark Dow says that the popular U.S. dollar rally could soon come to an end.
RBOB gasoline is at a 2015 high. Trading oil and gas, with CNBC's Jackie DeAngelis and the Futures Now Traders, Jim Iuorio and Brian Stutland, both from the CME.
NEW YORK, Feb 26- Crude oil futures fell on Thursday, as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia. Brent April crude was...
Next week's big events, and the best trade for next week.
What's behind the gasoline spike, with the Futures Now crew.
Stocks must trade at some multiple of earnings acceptable to investors, and the numbers are coming down faster than usual.
*Salesforce.com climbs after results, outlook. NEW YORK, Feb 26- U.S. stock index futures were little changed on Thursday ahead of a flurry of economic data, after the Dow edged up to a new record a day earlier while the Nasdaq snapped a 10- session winning streak. Federal Reserve Chair Janet Yellen to a House of Representatives committee that yielded little insight...
TOKYO, Feb 26- Foreign investors bought 1.13 trillion yen of Japanese cash shares and futures last week, their largest net buying in more than three months, helping to drive Japanese stock prices to 15- year highs. They bought 153.8 billion yen of cash stocks, data from the Tokyo Stock Exchange showed, and also bought 978.8 billion yen of Japanese stock futures,...
SINGAPORE, Feb 26- U.S. crude held steady just below $51 a barrel in early Asian trade on Thursday after rising back above $50 the previous session, while heating oil futures also held steady above $2.10 a gallon. *Heating oil futures were trading at $2.11 a gallon, slightly below a three month high reached earlier in the week, as some of the biggest U.S. East Coast...
Retail: good or bad news?
Doubleline's Jeff Gundlach has entered the ETF business. His DoubleLine Total Return Tactical ETF had a respectable debut Tuesday.
*Saudi Arabia's oil minister said sees demand improvement. NEW YORK, Feb 25- Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. Brent April crude rose $2.97 to settle at at $61.63 a barrel.
BRENT CRUDE FUTURES EXTEND GAINS TO MORE THAN 5 PERCENT, UP MORE THAN $3/ BBL.
The Futures Now team discusses why the price of crude did not move lower after a build in inventories.
*Saudi Arabia's oil minister said sees demand improvement. NEW YORK, Feb 25- Crude oil futures rose on Wednesday after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected. Brent April crude was up $1.34 at $60.00 a barrel at noon EST.
CRUDE FUTURES EXTEND LOSSES AFTER EIA DATA SHOWS LARGE CRUDE STOCKS BUILD.
Big indices are far above their 50-day moving averages. When these indices get too far from that average, there is a reversion to the mean.
CRUDE FUTURES TURN LOWER AHEAD OF EIA DATA AS CRUDE INVENTORY RISE IN API DATA WEIGHS.
*New home sales data expected at 10 a.m.. NEW YORK, Feb 25- U.S. stocks index futures pointed towards a flat open on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. "There is a pregnant pause in the market this morning," said Peter Kenny, chief market...
*New home sales data expected at 10 a.m.. NEW YORK, Feb 25- U.S. stock indexes were little changed on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. *Other retailers expected to post earnings on Wednesday include L Brands, Target Corp and TJX...
Gold rose to its highest level in nearly two weeks on Monday, backed by firm Chinese demand after a weekend interest rate cut in China.
U.S. crude fell towards $49 after rising more than $1 in the previous session to close February with the first monthly gain since June last year.
After years of profit gains amid wage stagnation, America may finally be getting a raise. And that could be bad news for investors.