stockhigh-011818-lg.jpg European stocks may open on a positive note Thursday as investors bet on increased economic growth and improved corporate earnings. Asian stocks are trading mixed ahead of a raft of Chinese data due later in the day. Official data released earlier in the day showed that China's property market remained...

Asian stocks held near record highs on Thursday on optimism over prospects for global growth and improved corporate earnings. The dollar pulled back from three-year lows after ECB policymaker Ewald Nowotny voiced worries about the euro's recent strength against the dollar. Oil extended gains on...


Industrial Production Index as well as Beige Book release are the major economic announcements on Wednesday. The earnings season will be in full steam from this week. The earlier signs from the Futures Index suggest that Wall Street bounce back to open higher in initial trading.


European stocks fell on Wednesday, with disappointing earnings updates, uncertainty over the shape of the government in Germany and a looming government shutdown in the U.S. keeping investors worried on a light day on the economic front. The euro paused after having rallied to more than three year...


DJIA Blasts Through 26,000 For Record High -- U.S. Commentary

The Dow Jones Industrial Average closed above 26,000 for the first time ever Wednesday, extending early gains after the Federal Reserve's Beige Book painted a sunny picture of the U.S. economy. The U.S. economy continue to expand at a "modest to moderate" pace in December and early January, the Beige...
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Sensex Soars 390 Points; Nifty Nears 10900

Indian shares rose sharply to reach fresh record highs on Thursday, with banks leading the surge amid reports that the government is considering a proposal to permit 100 percent FDI in private banks. Encouraging data on direct tax collection and bank credit growth, the Centre's commitment to fiscal...
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Sensex, Nifty Rally As Govt Cuts Size Of Additional Borrowing

Indian shares rose sharply on Wednesday to hit fresh record highs after the government cut additional borrowing requirement to Rs 20,000 crore from Rs 50,000 crore notified earlier, helping ease worries surrounding widening fiscal deficit. The benchmark BSE Sensex ended the session up 310.77 points...
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Dollar Little Changed After Beige Book Released

The dollar is turning in a mixed performance against its major rivals Wednesday afternoon. The buck is up slightly against the Euro and the Japanese Yen, but has dropped to over an 18-month low against the British pound. The U.S. economy continue to expand at a "modest to moderate" pace in December...
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The Swiss Stock Market Fell Further As Roche Continues To Drop

The Swiss stock market ended Wednesday's session in the red again, adding to the losses of the previous two days. Index heavyweight Roche turned in another loss, while shares of the big banks extended their losses. The Swiss Market Index decreased by 0.25 percent Wednesday and finished at 9,440.01....
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Stocks Rise On Dovish Rate Outlook -- Canadian Commentary

Canadian stocks edged higher Wednesday as Bay Street took an interest rate hike in stride. The Bank of Canada raised its key interest rate by 0.25 basis points to 1.25%, as expected. It's the highest benchmark rate since 2009. However, the BoC raised concerns that a breakdown in trade relations...
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Crude Oil Steady Ahead Of Inventories

Crude oil futures rose Wednesday, staying near recent 4-year highs ahead of U.S. inventories data. The American Petroleum Institute is out with its weekly inventories report this afternoon, a day late due to MLK holiday. The government releases its weekly report tomorrow. Feb. WTI oil climbed 24...
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Treasuries Close Slightly Higher Following Choppy Trading Session

Treasuries showed a lack of direction over the course of the trading session on Tuesday before ending the session slightly higher. Bond prices bounced back and forth across the unchanged line but move to the upside going into the close. Subsequently, the yield on the benchmark ten-year note, which...
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Earnings Optimism May Lead To New Record Highs On Wall Street

The major U.S. index futures are pointing to a higher opening on Tuesday, with stocks poised to climb to new record highs. Better than expected quarterly results from Dow components Citigroup (C) and UnitedHealth (UNH) have added to optimism about the earnings season. After showing a strong move...
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