Economic News
US stock futures are trading slightly higher this morning on Memorial Day following the release of China’s manufacturing Purchasing Manager’s Index (PMI) while most participants […]
Oil futures head to close the week with gains on positive economic data
Oil futures are posting their fourth consecutive day of gains in early commodity trading action today while they seem poised to close the week with […]
Gold trades above $1,900 for the first time in four months
The spot price of gold is rising to a 20-week high today in early commodity trading action as inflation worries continue to support higher demand […]
A surge in reverse repo operations could prompt the Fed to revisit its current policy
A steady surge in the volume of reverse repo operations performed by the Federal Reserve is highlighting the risks of the ultra-accommodative policy adopted by […]
US stock futures rise ahead of data-heavy week, crypto crash in sight
US stock futures are advancing this morning in early futures trading action ahead of the start of a data-heavy week that will see the release […]
Bitcoin hovers above $40,000 after bouncing off key support during sell-off
The price of Bitcoin (BTC) is hovering above the $40,000 psychological threshold today in early cryptocurrency trading action only two days after the token slid […]
Oil futures drop for a third day despite a below-expected buildup in US crude inventories
Oil futures are heading for their third red day this morning in early commodity trading action despite a slower than expected inventory buildup in the […]
Gold advances more than 5% in May as inflation worries deepen
The price of gold has advanced more than 5% since the month started as investors appear to be more concerned than ever about the possibility […]
US stock futures start the week in the red zone ahead of FOMC meeting
US stock futures are dipping this morning in early futures trading action ahead of a landmark meeting of the Federal Open Market Committee (FOMC) in […]
US stock futures climb ahead of retail sales data, Treasury yields lower
US stock futures are climbing this morning ahead of the release of retail sales data from the US Department of Commerce as traders appear to […]