The big picture of today Following August Services PMI data released this morning by Markit Economics, which showed Asia is returning to contraction territory in August and Europe is growing more slowly, stock indices in…
The big picture of today Stock indices in Asia ended the week positive with gains for China’s Shanghai Composite, India’s Sensex and South Korea’s Kospi, while Hong Kong’s Hang Seng was flat and Japan’s Nikkei…
SECTOR COMMENTS: Energy stocks are poised to rebound today after several losses, supported by gains in the underlying commodities and broader index futures. All eyes are on the Fed’s meeting in Jackson Hole on Thursday…
The big picture of today Stock indices in Asia ended the day trading lower across the board, led by Hong Kong’s Hang Seng dropping 1.8%. Around noon, the stock indices in Europe were also a…
The big picture of today Equities are under pressure worldwide after the Federal Reserve’s July FOMC meeting minutes were released, even if retail profits continue today. This Fed report indicated that central bankers were discussing…
The big picture of today Stock indices in Asia mostly ended the day at lower levels, with small declines in Hong Kong’s Hang Seng, China’s Shanghai Composite and South Korea’s Kospi, while Japan’s Nikkei saw…
While there are hundreds of stock market indicators and oscillators, most investors and traders only need a few. One of the most popular oscillators is the RSI (Relative Strength Indicator). Developed by a brilliant engineer,…
TThe chairman of the Federal Reserve Bank is a respected, powerful position, but it has one major drawback: the Fed chairman has to testify regularly before both houses of Congress. This usually means he or…
The big picture of today Stock indices in Asia mostly ended the day lower, led by the 2.0% China’s Shanghai Composite and the 1.8% drop in Hong Kong’s Hang Seng. By comparison, Japan’s Nikkei ended…
Daily Markets: Retail Sales, Powell’s Comments Chart What’s Next for Equities
The big picture of today Stock indices in Asia ended the day mostly lower, led by the Chinese Shanghai Composite dropping 2% and the Hong Kong Hang Seng dropping 1.7%. Japan’s Nikkei slumped 0.4% while…