Markets
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Economic Calendar: FOMC Minutes Out, PMIs and Japanese Inflation Ahead
Yesterday was marked by the publication of the FOMC Minutes – a transcript from the last meeting of the committee.…
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Steel Falls on Demand Concerns
Steel rebar futures fell toward CNY 3,010 per ton, retreating from three-week highs as signs of persistently weak demand in…
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Iron Ore Falls on Weak Fundamentals
Iron ore futures fell toward CNY 700 per ton, approaching 14-month lows amid signs of persistently weak steel demand and…
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Corn Extends Rally to 3-Month High
Corn futures climbed above $4.70 per bushel, extending their rally to the highest level since May 18, as disappointing US…
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Heating Oil Consolidates Near April Highs
US heating oil futures held above $4.40 per gallon, consolidating near their highest level since early April, on fading hopes…
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Asian Stocks Rise as Global Yields Retreat
Asian equity markets rebounded on Thursday as global bond yields pulled back from multi-year highs after the US government moved…
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Target shares fall despite strong results and guidance. Is the US consumer still holding up?
Key takeaways Quarterly EPS came in at $4.11, compared with analysts’ expectations of $2.33. Revenue reached $26.54 billion, versus consensus…
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European equities try to halt the decline, Heidelberger falls 5% after earnings
European equities are trying to stabilize after Tuesday’s sharp sell-off, but there is still little sign of a convincing rebound.…
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Chart of The Day – US100
The Nasdaq 100 (US100) has been showing signs of a noticeable slowdown in recent days. The index is currently around…
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Will Europe make it before winter?
European NATGAS price back at 4 weeks hights Despite local pullbacks, the price of European gas futures is still following…
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