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Wholesale Inventories Bounce In May But Remain Drag On Q2 GDP
Article By: Tyler Durden
Wednesday, June 28, 2017 9:47 AM EDT
Q2 GDP still faces a headwind as wholesale inventories are down 0.13% so far in April and May.
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Toll-Free Tech Support
Article By: Tim Knight
Wednesday, June 28, 2017 9:42 AM EDT
The market – – especially the high-tech-laden Nasdaq market – – had been in full-blown swoon mode last night, but around the level 5640, it found the same support it had found twice before.
In this article: SPX
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Bear Of The Day: Bed Bath & Beyond
Video By: Neena Mishra
Wednesday, June 28, 2017 9:36 AM EDT
Bed Bath & Beyond is an omnichannel retailer offering a wide selection of domestic merchandise and home furnishings.
In this video: BBBY
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The Stock Whisper Of The Day: EEM, IAU, GLD, JNPR
Video By: Stefanie Kammerman
Wednesday, June 28, 2017 9:30 AM EDT
Hot stocks of the day: EEM, IAU, GLD, JNPR
In this video: JNPR, IAU, EEM, GLD
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EUR/USD Approaching Critical Level As Draghi Fires Up Bulls
Article By: Orbex
Wednesday, June 28, 2017 9:13 AM EDT
Earlier in the week, ECB chief Mario Draghi lit a fire under the Euro during his comments made at the ECB Forum in Sintra.
In this article: ERO
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Sensex Closes Weak; Consumer Durables & Oil & Gas Stocks Fall
Article By: Equitymaster India
Wednesday, June 28, 2017 8:57 AM EDT
Indian share markets continued to witness profit booking in the afternoon session amid weak global cues.
In this article: OIL, GAZ
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Shortening Duration, Getting A Second Chance
Article By: WisdomTree
Wednesday, June 28, 2017 8:35 AM EDT
The UST market is giving fixed income investors a second chance at preparing their portfolios for the potential of higher rates later this year.
In this article: TNX
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EUR/JPY Elliott Wave Analysis Update
Article By: Elliottwave Forecast
Wednesday, June 28, 2017 8:20 AM EDT
EUR/JPY rallies as impulse from 6/15 low (122.35). Near term, expect more upside to end wave ((iii)) before a pullback in ((iv)) and higher again.
In this article: FXY, FXE
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DXY Sinks Into Yearly Lows With EUR/USD At Fresh Highs
Article By: DailyFX
Wednesday, June 28, 2017 8:03 AM EDT
Another influence on the US Dollar may be rearing its ugly head again: the state of US fiscal reform.
In this article: UUP
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What’s The Outlook For The US Yield Curve?
Article By: James Picerno
Wednesday, June 28, 2017 7:48 AM EDT
The forces of momentum appear set to flatten the yield curve further. The antidote, of course, is a run of surprisingly strong economic data. For the moment, however, the bond market is skeptical.
In this article: TNX
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Euro Surges As Europe Stocks Slump; Yields Rise After Central Bankers Spook Markets
Article By: Tyler Durden
Wednesday, June 28, 2017 7:35 AM EDT
U.S. index futures point to a slightly higher open, as markets in both Europe and Asian fall. The EUR surges to one year highs as markets continue to reverberate from Draghi's hawkish comments.
In this article: SSNLF, FXE, QQQ, SPY, UDN, TCEHY, GLD, TNX
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Stocks Fall Across The Globe As Hawkish Central Banks, Washington Jitters Roil Risk
Article By: The Heisenberg Report
Wednesday, June 28, 2017 7:31 AM EDT
A day after Mario Draghi took what certainly seems to have been a hawkish turn by saying the ECB would “look through” lackluster inflation data, the euro hit a 1-year high.
In this article: ERO, OIL, USO
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Crude Oil Sinks 20%: Why "Oversupply" Isn't The Half Of It
Article By: Global Economic Intersection
Wednesday, June 28, 2017 7:16 AM EDT
Oil bulls had been served the ultimate bullish advantage on a black-gold platter; namely, the first major oil supply cut in eight years.
In this article: OIL, USO
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Delayed Not Dead
Article By: Marvin R Clark
Wednesday, June 28, 2017 7:06 AM EDT
Does not mean that tax reform is dead, just slightly delayed. This means that GOP donors are going to turn up the heat on senators over the coming days pushing for health care and/or tax reform, and the donors will be pushing hard.
In this article: DJI, SPX, OIL, GLD, BITCOMP, TNX
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Goldman Raises S&P500 Year-End Price Target From 2,300 To 2,400
Article By: Tyler Durden
Wednesday, June 28, 2017 6:48 AM EDT
We raise our year-end 2017 S&P 500 price target to 2400 from 2300, reflecting a 1% decline over the next six months. This return would represent a 27th percentile event since 1975.
In this article: SPX
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EUR/USD: The Rally Continues In Asia
Article By: Alpari
Wednesday, June 28, 2017 6:08 AM EDT
On Tuesday, the EUR/USD instrument closed 156 pips up. Firstly, the euro rose across the market after Mario Draghi’s speech at the ECB Forum in Portugal.
In this article: ERO
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