ahead

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

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Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, British Pound, Euro, Gold

Markets week ahead: Nasdaq 100, S&P 500, US dollar, British pound, euro, gold

Global Market Wrap and Lookahead. The US dollar resumed its post-FOMC decline. US indices continue to climb. A constant stream of important economic data and upcoming events. Recommended by Nick Cawley Trading Forex News: The Strategy This week’s economic calendar is packed with a wide range of market-moving economic releases that will help position the …

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November jobs report and the Fed matter most to markets in the week ahead

November jobs report and the Fed matter most to markets in the week ahead

The November jobs report is the big event for markets in the coming week, and it could provide important information on the trajectory of Federal Reserve interest rate hikes. Stocks were higher in the shortened holiday week, with the S&P 500 rising as Treasury yields slipped and the dollar weakened. The post-Thanksgiving week will be …

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New Zealand Achieves Biggest Rate Hike Ever;  Asia-Pacific stocks mixed ahead of Fed minutes

New Zealand Achieves Biggest Rate Hike Ever; Asia-Pacific stocks mixed ahead of Fed minutes

Malaysia’s shares have changed little as the country’s wait for a new prime minister continues Shares listed in Malaysia were little changed as the country’s political stalemate continues and local media reported that Malaysia’s King, the Yang di-Pertuan Agong, would make a decision, without giving a timeline. The benchmark KLCI fell 0.09% after two negative …

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OPEC+ mulls production boost ahead of Russian oil curbs

OPEC+ mulls production boost ahead of Russian oil curbs

Former acting Chairman of the Council of Economic Advisers Tyler Goodspeed and economist Tomas Philipson discuss President Biden’s attack on U.S. oil and gas on “Kudlow: Live.” Saudi Arabia and other OPEC oil producers are discussing a production boost, group delegates said, a move that could help bridge a rift with the Biden administration and …

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Even JPMorgan bullish strategist Kolanovic says the markets are getting ahead of themselves.  Here's what he and a Goldman strategist say do now.

Even JPMorgan bullish strategist Kolanovic says the markets are getting ahead of themselves. Here’s what he and a Goldman strategist say do now.

A not-so-awful day is looming as the clock ticks down to Wednesday’s retail sales report. But while some investors cling to hope that last week’s stock run could continue, fueled by this weaker inflation report, Wall Street remains wary and fresh warnings from two big banks that make up our call of the day. Late …

Even JPMorgan bullish strategist Kolanovic says the markets are getting ahead of themselves. Here’s what he and a Goldman strategist say do now. Read More »