Tag: US

US Futures Higher on Easing Trade War Fears

Reduced Chinese Tariffs Further List Sentiment in Markets US futures are pointing to another higher open on Tuesday, building on Monday’s strong gains and benefiting from an apparent easing in trade tensions between the world’s two largest economies. The postponement of new tariffs by both the US and China and the revelation that the latter […]

NAFTA Negotiations Ongoing But Not Dead

Talks between the U.S., Canada and Mexico on revamping the North American Free Trade Agreement are continuing but it appears unlikely there’s enough time for the U.S. Congress to vote on a deal before the end of the year, analysts say.“I don’t think they’re going to get a text to Congress at all within the […]

Meaningful Progress Made in US and China Trade Talks

Treasury Secretary Steven Mnuchin put a positive face on the state of U.S.-China trade negotiations, saying Monday the talks so far already have yielded tangible benefits.”I think we’ve made very meaningful progress,” he told CNBC’s “Squawk Box.” “Now it’s up to both of us to make sure that we can implement it.”His comments come amid […]

Will Oil Sanctions Follow For Venezuela?

The U.S. is almost certainly preparing to impose targeted crude sanctions against Venezuela, analysts told CNBC on Monday, in a move likely to constitute a “devastating” blow for the oil-dependent state.Venezuelan President Nicolas Maduro won re-election to another six-year term on Sunday, despite widespread anger over the South American country’s crushing economic and social crises. […]

Trump Not Hopeful of Trade Deal With China

President Donald Trump said Thursday that he doubts high-stakes trade negotiations with China will succeed.”Will that be successful? I tend to doubt it,” the president told reporters during an appearance with NATO Secretary-General Jens Stoltenberg. “The reason I doubt it is because China has become very spoiled. The European Union has become very spoiled. Other […]

Too Many Rate Hikes Could Harm Economy

Central bankers need to be careful not to increase interest rates too quickly this year because that could slow the economy too much, St. Louis Federal Reserve President James Bullard told CNBC on Thursday.Wall Street expects the Fed to raise rates at next month’s meeting, in the first of what’s seen as at least three […]

EUR/USD – Is the Rally Running Out of Steam?

Are We Looking at an Overcrowded Market? It’s difficult to find anyone at the moment that isn’t bullish on this pair in the long term and under the current circumstances, they may have a point. However, these markets don’t move in a straight line (even bitcoin as the last couple of months has shown us) and […]

US Indices on Course For Full House

Futures Point to Full Week of Gains After Sharp Correction US equity markets could end the week with a full house of gains as long as indices manage to hold onto the small gains being seen in futures ahead of the open. This would also bring an end to two shocking weeks for equity markets […]

US Markets Regain Composure After Rough Two Weeks

Encouraging Gains in US Futures It would appear stock markets are starting to regain some of their composure following a couple of very volatile weeks in which US indices fell more than 10% from their record highs. The Dow and S&P 500 both posted more than 1% gains on Wednesday and futures are seeing similar […]

Fundamentals Remain Positive Despite Sell-Off

Despite the recent fluctuations and concern about major corrections in global equity markets, Craig Erlam, senior market analyst at Oanda, says fundamentals, like corporate earnings, remain positive. CAC Climbs on Strong German, Eurozone GDP Reports Futures Higher But Market Remains Vulnerable Will it be a Valentines Day Massacre for the Dollar?