E-Mini Dow Jones 30 (DJI) Index News, Page 1

Iran attacks a British ship, buoying oil prices

Global equities firm as rate cut hopes are stoked but traders are cautioned not to expect too much from the FOMC.

The major U.S. stock indexes are expected to open higher based on the pre-market futures trade, however, the markets are retreating from early highs. Buyers came in early, following through to the upside after Thursday’s late rally, but gains were dampened after a New York Fed spokesperson downplayed the chances

Williams finished by saying that when faced with low rates and slowing growth, the best strategy is to “take swift action” and “keep interest rates lower for longer.”

“Take swift action” and “keep interest rates lower for longer” may mean to some that a 25-basis point rate cut is a done deal, but to others it means “be aggressive”. Therefore, I have to conclude that the chances of a half-a-point rate cut may increase over the near-term, which

Manufacturing in June surged more than expected

Global markets edged lower as earnings, trade woe weighs on sentiment.

Dalio likes gold

Global indices retreat as trade woe resurfaces and corporate earnings roll in.

It’s been more than two weeks since U.S. President Donald Trump and Chinese President Xi Jinping agreed to resume trade talks between the two economic powerhouses. However, conditions haven’t improved much.

On the day the U.S. released better than expected retail sales data, and just days after the release of stronger than expected consumer inflation data, President Trump made comments and China made a move that supported Powell’s case for “uncertainties” driving interest rates lower.

JP Morgan and Wells Fargo beat

The U.S. retail sales are much stronger than expected and point to economic stability, not interest rate cuts.

Due to the uncertainty caused by the US-China trade dispute, and the possibility that trade tensions may escalate again, some investors are sitting on the sidelines, hoping the People’s Bank of China steps in to introduce more fiscal stimulus in the months ahead to steady the economy and to prevent

China reports soft GDP

Global indices drift higher on earnings and FOMC hopes. Both earnings and FOMC hopes could suffer as the impact of trade tariffs lingers on.

It’s a big week ahead, with key stats, corporate earnings, and geopolitical risk to provide the majors with direction through the week.

While stock market record highs grab the headlines because of the widely expected Fed rate cut, don’t lose sight of why rates are coming down. Be careful what you wish for. The higher the markets go, the greater the chance for heightened volatility because domestic and global growth could still

It was ultimately about FED Chair Powell on the week. Testimony to Congress weighed on the Dollar, whilst delivering new record highs for the U.S majors…

PPI Remains subdued