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Oil is the tail that’s wagging the dog today

Oil is the tail that’s wagging the dog today

WTI crude prices are down 5% today in a rout that's followed Saudi Arabia's move to lower the official selling price for February-loadings of Arab Light oil to Asia by $2 a barrel.The move has increased concern that the market is oversupplied in Q1, which is...

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Eyes are on the bond auction schedule this week

Eyes are on the bond auction schedule this week

The first significant supply of Treasuries comes to the market this week, with a trio or auctions starting on Tuesday.All the auctions are at the usual time at 1 pm ET:Tuesday $52 billion in 3sWednesday $37 billion in 10sThursday $21 billion in 30sTreasury yields have...

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Dismal economic calendar greets North America traders

Dismal economic calendar greets North America traders

Happy Monday.Or at least it's a happy one if you hate economic data and central bank speakers. Last week was a busy one due to a full data slate but today will be a further chance to digest non-farm payrolls and the ISM services data because there's nothing on the...

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Equities trim losses but is this just a brief respite?

Equities trim losses but is this just a brief respite?

S&P 500 futuresIt was down by about 16 points earlier in the session but has since recovered to near flat levels. That has also seen European indices trim losses as well but it remains to be seen if dip buyers are really showing up with much conviction at the...

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Bond Yields Rise Triggering Fear of Further Stock Weakness

The US Non-Farm Payroll figures for December rose from 199,000 to 216,000 and beat expectations of 168,000. The Unemployment Rate unexpectedly remained low at 3.7% instead of rising to 3.8%. However, the real shock came from the Average Hourly Earnings rising for a...

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Market Outlook for the Week of 8-12 January

Market Outlook for the Week of 8-12 January

Last week the U.S. jobs report surprised to the upside which could indicate the Fed won't be in a hurry to cut rates. The U.S. economy added 216K jobs in December compared with the 175K analyst expectation. The unemployment rate remained unchanged and the average...

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Dollar steadier to start the session as risk stays guarded

Dollar steadier to start the session as risk stays guarded

The greenback is in a decent spot as the session gets underway, maintaining a slight lead against most of the major currencies bloc. USD/JPY has pared losses from 144.30 to 144.55 now while the dollar is trading to the highs for the day against the likes of the aussie...

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5년마다 한 번씩 300만원 받으세요! 2024년부터 내일배움카드 더 좋아집니다!

5년마다 한 번씩 300만원 받으세요! 2024년부터 내일배움카드 더 좋아집니다!

https://www.youtube.com/watch?v=XvAxaGjMILM 국민 모두가 내는 세금으로 1인당 300만원에서 최대 500만원의 혜택을 드리는데 받을 수 있는 자격이 되는데도 신청을 안 하거나, 이미 받았는데 사용을 안 하면 정말 아깝지 않나요? 새해부터는 정부지원제도 알뜰하게 잘 활용하셔서 아까운 지원금이 그냥 소멸되는 일이 없으면 좋겠습니다. 국민내일배움카드 이제는 다들 알고 계실 것 같은데요. 올해 1월 1일부터 시행되는 국민내일배움카드 일부 변경 고시가...

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