Archive US: Trading

  • Bond market may be sending economic signal

    What does the yield curve say about economic growth? Boris Schlossberg of BK Asset Management and Jacob Weinig of Malachite Capital discuss with Michelle Caruso-Cabrera.

  • Yellen’s words to hit currency market?

    What will Janet Yellen’s speech mean for the currency market? Boris Schlossberg of BK Asset Management and Jacob Weinig of Malachite Capital discuss with Michelle Caruso-Cabrera.

  • *Fed Chair Janet Yellen due to speak on Friday. NEW YORK, Aug 25- U.S. stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Federal Reserve officials pushed the case for a rate hike. Jude Medical shares fell 5 percent after short-selling firm Muddy Waters said it bet that the...

  • *Healthcare pulls Wall Street slightly lower. NEW YORK, Aug 25- The start of a central bankers' meeting in the mountains of Wyoming, which could clarify the path of U.S. interest rate policy, kept most investors from making big bets on Thursday. Federal Reserve Chair Janet Yellen will deliver the keynote speech on Friday, when she may struggle to convince financial...

  • NEW YORK, Aug 25- U.S. stocks edged lower on Thursday, weighed down by a drop in consumer and healthcare names, while financials rose modestly after two more Federal Reserve officials pushed towards the case for a rate hike. Comments from Kansas City Fed President and voting member Esther George, as well as Dallas Fed President Robert Kaplan, followed the hawkish...

  • NEW YORK/ LONDON, Aug 25- Gold hit four-week lows on Thursday, under pressure from upbeat U.S. data in the run-up to a speech by Federal Reserve Chair Janet Yellen this week that will be watched for clues on monetary policy. Spot gold was down 0.1 percent at $1,322.26 an ounce December delivery settled down 0.4 percent at $1,324.60. Yellen may signal a firm commitment...

  • *Speculative trading ahead of informal OPEC meet in Sept. *Cushing stocks fall 313,000 bbls in week to Aug. 23- Genscape. Some traders cited bullish data issued by energy monitoring firm Genscape showed a drawdown of more than 313,000 barrels at the Cushing, Oklahoma delivery point for U.S. crude futures during the week to Aug. 23.

  • *Wall Street recovers after lower open. NEW YORK, Aug 25- Slumping healthcare stocks pulled European markets lower on Thursday after White House candidate Hillary Clinton demanded price cuts on a successful drug, while many investors awaited headlines from a big gathering of central bankers. London's FTSE closed 0.28 percent lower.

  • SAO PAULO, Aug 25- Latin American stocks and currencies seesawed on Thursday as traders avoided big bets ahead of U.S. Also fostering caution in Brazilian markets was suspended President Dilma Rousseff's trial at the Senate, which was widely expected to permanently confirm her impeachment. A final vote is likely to confirm her vice president Michel Temer as...

  • Crude futures also saw support from players buying on dips and looking for a bottom on speculation that next month's informal meeting between OPEC and other major oil producers could result in production curbs. Brent crude futures were up 45 cents, or 0.9 percent, at $49.50 a barrel by 10:15 a.m. EDT, after settling down 1.8 percent on Wednesday.

  • *Wall Street to open lower, durable goods, jobless data ahead. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in Europe as London's FTSE sank 0.4 percent and Frankfurt and Paris lost as much as 1.2 percent in a region-wide slide. Stubbornly low oil prices and warnings about steel demand kept the pressure on miners in Europe,...

  • *China property stocks down 2 pct; selling pressure in financials. Japanese and Chinese stocks had suffered modest drops in Asia and the pace picked up in Europe as London's FTSE sank 0.8 percent and Frankfurt and Paris lost 1.2 percent. "The recapitalisation of CGD is likely to have implications for Portugal's budget, but all in all it is positive," said DZ Bank...

  • *MSCI Asia-Pacific index up 0.2 pct, Taiwan gains. HONG KONG, Aug 25- Asian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the dollar held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting. Japan's Nikkei was down 0.3 percent, pressured by losses on Wall...

  • *MSCI Asia-Pacific index up 0.2 pct, Taiwan gains. HONG KONG, Aug 25- Asian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting. Japan's Nikkei was down 0.3 percent, pressured by losses on...

  • TOKYO, Aug 25- Asian stocks slipped on Thursday, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent. Australian stocks fell 0.1 percent, South Korea's...

  • NEW YORK, Aug 24- Wall Street stocks retreated on Wednesday led by health care and materials stocks, while oil prices tumbled about 3.0 percent on worries about oversupply. Mylan slumped 5.4- percent to $43.15 after U.S. presidential candidate Hillary Clinton joined a Senate committee in asking why the cost of its allergy treatment EpiPen had soared.

  • How to make money in a slow market

    With low volatility and low volume, how can investors make money in today’s market? Gina Sanchez of Chantico Global and Phillip Streible of RJO Futures discuss with Brian Sullivan.

  • Crude oil has bounced this year – but the USO hasn’t

    The chart of oil shows a big rally this year, so why is oil ETF USO down? Phillip Streible of RJO Futures and Gina Sanchez of Chantico Global discuss with Brian Sullivan.

  • NEW YORK, Aug 24- Wall Street retreated on Wednesday, pulled lower by weakness in the materials and healthcare sectors as investors continued to weigh the possibility of an interest rate hike in the coming months. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the direction of monetary policy.

  • *Markets await Jackson Hole meeting for rates clues. NEW YORK/ LONDON, Aug 24- Gold dipped 1 percent to a four-week low on Wednesday as the dollar strengthened and markets looked ahead to a speech by Federal Reserve Chair Janet Yellen that will be closely watched for further clues on U.S. interest rate policy. U.S. gold futures for December delivery settled down 1.2...