Strong jobs report, dovish Fed, US-China trade talks boost equities
Yields ended lower, on broader risk-on, dragging down the dollar
Weak dollar boosts gold, as well as oil
Despite Thursday’s equity market selloff on Apple’s (NASDAQ:) reduced revenue outlook on a slowing Chinese economy, US stocks finished higher ahead of the...
Cryptocurrency investors suffered through what felt to many like a world of pain in 2018: bearish markets; a decline in initial coin offerings; increased regulation. As we move beyond that dreadful year, it's fair to wonder what investors might expect from the asset class in 2019.
BTC/USD Weekly Chart
Many...
The winter rally in US may have ended even before the winter got going, and the market could struggle to return to $3 levels.
NatGas Daily Chart
Those who witnessed the jaw-dropping run-up in gas prices to near $5 levels during the past six weeks—and subsequent retrenchments of up...
Yesterday, after US markets closed, Apple (NASDAQ:) for the first quarter, citing an unexpected slowdown in China. The iPhone maker reduced its guidance for the first time in 12 years and, for the first time in almost 20 years, softened its projections for revenue.
The stock closed yesterday...
Reserve currencies generally attain that status by virtue of their stability and reputation. After WWII, with the US relatively unscathed because of its distance from Europe and late entry into the conflagration, it had the only stable global economy. In addition, its status as a leading world power...
It's been a for cryptocurrencies. Digital currency prices began falling in early 2018 and have since plunged. , which in late 2017 almost hit the $20,000 mark, is currently trading below $4,000.
Bitcoin Weekly Chart
Concurrently the operational costs of mining have increased as Bitcoin, as well as other...
Earlier this week, Amazon (NASDAQ:) reported it had a record-breaking holiday shopping season. Yesterday, amid broader market exuberance, the stock jumped 9.59 percent to close at $1470.90.
Nonetheless, now is not the time to make a bet on Amazon shares. The stock, along with the rest of the market,...
Futures, European shares halt biggest US daily rally since 2009
Reassurance from top White House economist sparks US stock surge
Dow makes biggest point leap on record; Amazon's climb underscores healthy consumer spending
Safe-havens gain ground on shift to risk-off
Key Events
This morning, European stocks and futures on the , and...
From a tweeting president to a murdered journalist, commodity prices were influenced by everything from odd politics to the truly macabre in 2018. From to prices, the surprising catalysts kept coming, with more likely till the closing bell on December 31.
Dominick Chirichella of New York’s Energy...
