Overnight stateside, the major indexes saw their first gains in three sessions.
New York Federal Reserve President John Williams said Thursday the central bank needed to "act quickly" when the economy was slowing and rates were low.official that led to rising expectations the central bank could ease monetary policy more than expected.in Japan, with the Nikkei futures contract in Chicago at 21,165, as compared to the index's last close at 21,046.24.
Shares in Australia, however, were poised to slip. The SPI futures contract was at 6,594.0, as compared to the
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Asia stocks set to trade lower amid renewed US-China trade uncertaintyU.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion worth of Chinese goods if needed. Well that didn't take long...POTUS with the hatchet. Told you he is beyond untrustworthy as the drunken sailor he is. The COMEDIAN is back and ready to come for the KING Xi Dynasty mismanaged. Feng shui not good. tt: GordonGChang
Source: CNBC - 🏆 12. / 72 Read more »
Stocks in Asia set to trade lower on renewed threat to trade; investors await Australia's jobs dataInvestors will be watching out for the release of Australian jobs data, set to be at 9:30 a.m. HK/SIN. So what is the next arbitrary date that the pundits will target as the next chance for a deal? Each one passes with nothing being accomplished. Trump actually moved backwards at the hyped up epic fail known as the G20. Caved on Huawei, delayed tariffs & got nothing in return. Good i have puts for Friday Are those eyes brown real?
Source: CNBC - 🏆 12. / 72 Read more »
Is the Fed on the verge of sparking a stock-market ‘melt-up’?The Federal Reserve is almost certain to cut rates at the end of July — but don’t expect a melt-up, usually marked by a powerful rally followed by a... It doesn't really matter now what FED would do. FED couldn't sustain expansions in the past, no matter how hard they tried... All past 'expansions' - Market Bubbles have been burst resulting in Recession! What makes it different this time? 🤔 That's a pretty dumb question don't you think? SPX up over 21% and its only July. You wouldn't call that a melt-up? Its happening. Change your name to marketblind dot com if you're not seeing it. How can people keep describing as 'healthy' a US market with falling manufacturing, falling transport use (e.g. less 'stuff' moving), falling car sales (Tesla exception) falling new home sales ? Falling % rate? increasing debt?
Source: MarketWatch - 🏆 3. / 97 Read more »