TOKYO, Nov 27- Japanese stocks closed down on Thursday, as selling of Nikkei futures in the afternoon widened earlier losses driven by weak U.S. data and a stronger yen. Canon Inc shed 0.5 percent and Nissan Motor Co fell 1.6 percent. Yakult Honsha Co touched a four-week low and lost 6.1 percent for the day on a media report saying France's Danone SA is considering...» Read More
TOKYO, Nov 25- U.S. crude oil futures were steady below $76 a barrel in early trade on Tuesday as investors waited for a meeting of OPEC ministers that may produce output cuts to support slumping prices. *Some commodity fund managers believe oil prices could slide to $60 per barrel if OPEC does not agree a significant output cut when it meets in Vienna on Nov.27.
The Futures Now team discusses what's driving action in the bond market now.
*RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stock index futures pointed to a higher open on Monday, indicating that major indexes would move further into record territory on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. Equities closed a fifth straight week of advances Friday,...
*RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stock index futures rose on Monday, indicating that major indexes would move further into record territory, on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. Equities closed a fifth straight week of advances Friday, with the Dow and S&P...
*RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stock index futures rose on Monday, indicating the market's recent strength would continue during a week that's expected to see light action ahead of the Thanksgiving holiday on Thursday. *Equities closed a fifth straight week of advances Friday, with the Dow and S&P 500 ending at closing records on...
*OPEC to meet in Vienna on Nov. 27. SINGAPORE, Nov 24- Brent crude futures rose above $80.50 a barrel on Monday ahead of a meeting of the producer group OPEC at which an output cut will be discussed, while China's move to lower interest rates late last week also underpinned prices. Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the...
SINGAPORE, Nov 24- U.S. crude futures steadied above $76 a barrel on Monday, clinging to gains from the previous session after a rally spurred by China's first interest rate cut in more than two years. *Friday's surprise cut in China's interest rates reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures...
History suggests that stocks are likely to rise into New Year's. But maybe not for the reason you think.
Turkey prices have stayed low over the past year, keeping the cost of an average Thanksgiving dinner relatively inexpensive.
Scott Nations of NationsShares explains what futures mean for the cost of a Thanksgiving feast.
Are stocks set to surge into year-end? Jason Goepfert of SentimenTrader gives the historical reason why that could be a smart bet.
RBOB GASOLINE FUTURES TURN LOWER AFTER REPORT EPA TO REDUCE RENEWABLE FUEL CREDIT REQUIREMENT.
NEW YORK, Nov 21- U.S. stock index futures rose on Friday, setting major indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy. *The People's Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 percent.
A fed funds rate hike will show that the economy "can stand on its own two feet," the Deutsche Bank economist says.
*Platinum briefly dips to a discount to gold. NEW YORK/ LONDON, Nov 20- Gold rose on Thursday on data showing rising U.S. inflation, and after the previous day's 1- percent drop triggered renewed physical interest by price-sensitive Asian buyers. Spot gold was up 0.7 percent at $1,191.44 an ounce by 1:55 p.m. EST, while U.S. gold futures for December delivery settled...
As gold support lags is this a signal to sell the precious metal? Not so fast, says Futures Now's Jim Iuorio with a gold play that pays off, but Scott Nations questions the trade.
The S&P 500 has closed above its 5-day moving average 24 times straight. So what does that mean for the market going forward? Jim Iuorio and Scott Nations discuss with Jackie DeAngelis.
The markets rally on, but how long will it last? Don't fight the trend, says Scott Nations. CNBC's Jackie DeAngelis and the Futures Now Traders, also weigh in on risks to the stock market. And a money-making play on the S&P.
Just like many others, Deutsche Bank economist Joseph LaVorgna expect the Fed to hike rates in 2015. But that doesn't give him cause for pause. With CNBC's Jackie DeAngelis and the Futures Now Traders.
The Fed is in no hurry to raise rates, says Deutsche Bank's Joe LaVorgna sharing his thoughts on the timing of the Fed's rate hike. Also LaVorgna shares his outlook on GDP growth. And CNBC's Jackie DeAngelis and the Futures Now Traders, Jim Iuorio and Scott Nations at the CME have a play on the 30-year bond.
Oil is already at a four-year low, but the OPEC meeting is not likely to be the effect that bulls are looking for, one trader says.
Will the precious metal turn a new gold leaf in the new year? RBC's bullion expert thinks so.
Stocks are quietly rising as the market wages a silent rally. CNBC's Bertha Coombs and the Futures Now Traders have a play on the S&P that makes money. U.S. stocks are the only game in town, says Iuorio, but Kilburg argues it's a Fed-driven market due for a pullback.
Gold dipped on Thursday, holding below $1,200 an ounce, as outflows resumed from the top bullion exchange-traded fund.
U.S. crude futures extended declines for a fourth session on Thursday to stay near a four-year low below $76 a barrel.
As oil prices continue to fall, Wall Street is waiting to see if OPEC cuts oil production