Market Overview

Oil stocks are 2022’s top performers due to surging energy prices Energy stocks enjoying a blockbuster year Consider buying Hess Corporation and Diamondback Energy U.S. crude has risen nearly...

Powell says Fed may slow pace of hikes but raise target Economists expect Fed to slow or halt quantitative tightening by mid-2023 Japan maintains low rates and supports yen as it hints at policy...

DXY was hammered last night:   So AUD roared back. 1% daily moves now indicate growing chaos:CNY likewise:Oil is trending up which will upset everybody in short order:Dirt calmed down:Big...

The recent rally in global markets thinned out last week as commodities and foreign stocks rose while U.S. assets retreated, based on a set of ETF proxies.Stocks in emerging markets posted the leading...

Asian stock markets are continuing their Friday session rebounds in the post NFP environment with the mixed US jobs print keeping USD under the thumb and risk taking back on track, although Wall...

DXY was smashed Friday night:   AUD went nuts:Tracking CNY:The FX action sent commodities bananas:Big miners (NYSE:RIO) were up 10%!Em stocks (NYSE:EEM) popped:Junk (NYSE:HYG) too:The curve...

In early October the near-term outlook for the US business cycle looked mildly grim and output was forecast to turn slightly negative starting in November. But after four weeks the dark estimate...

Peloton is down 73.9% year-to-date and 94.5% from its January 2021 record high Expect more pain ahead for the embattled company. "The ship is turning," Peloton (NASDAQ:PTON) CEO Barry McCarthy...

And Down AgainHaving come within a whisker of 7000, down goes the ASX200 once more. The typically volatile month of October may have ended, but we’re not out of the woods yet. Although yesterday...

DXY to the moon:   AUD through the floor:CNY the same:Oil held up. Gold fell:Commods are hanging on:And miners (NYSE:RIO):EM stocks (NYSE:EEM) have gone nowhere:US junk (NYSE:HYG) broke:Yields...

Last week, oil companies reported record profits for the third quarter. This was as expected, because the average price of oil in Q3 was $91.43 per barrel. Even though prices have dropped from the...

YawnThe ASX200 jumped up 35 points on the open but quickly settled back to do not much all day ahead of last night’s Fed meeting. There were nevertheless some notable sector moves in either...

DXY is on the march again:   AUD was thumped:Oil is very sticky:Commods hung on but miners sank (no chart):EM stocks (NYSE:EEM) are a mess:EM junk iShares iBoxx $ High Yield Corporate Bond ETF...

The Fed upset the apple cart overnight with its sixth rate rise in a row, launching up 0.75% while stock markets tanked on both sides of the Atlantic. Wall Street fell between 2 and 3% with Asian...