Are we out of the woods?

Are we out of the woods?

By Naeem Aslam As traders and investors pay close attention to the two most important economic events that have unfolded, stock futures in the US and Europe are sitting on solid gains, aiming to finish the week in positive territory. It’s not overstated to suggest that traders have shifted their perspective on the economic situation, … Read more

Markets today: U.S. curve steepens as traders bet on Trump return

Markets today: U.S. curve steepens as traders bet on Trump return

BNN Bloomberg’s Paul Bagnell looks at how North American markets are shaping up for the trading day. (Bloomberg) — U.S. stock futures rose and longer-maturity bonds retreated as investors ratcheted up wagers that Donald Trump would win the presidential election after an assassination attempt.The U.S. 30-year yield rose above the two-year for the first time … Read more

Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

July 9, 2024 at 9:00 PM Aces/SplashNews.com / Aces/SplashNews.com The 2024 presidential election is top of mind and, if you are a shareholder in a company, you might be paying more attention to Donald Trump’s campaign in the upcoming months. Not only will you cast your vote for the next president of the United States … Read more

Europe, US markets point higher; Bitcoin momentum improves

Europe, US markets point higher; Bitcoin momentum improves

By Naeem Aslam     European and US stock futures are trading higher on the first trading day of the second half of the year, with another reason for traders to feel a little more confident Monday being the news of the first round of the French snap parliamentary election. France is the second-largest economy in … Read more

BoE in focus, gold and oil struggle

BoE in focus, gold and oil struggle

European markets and US futures are trading higher as investors await two important events that will shape trading activity for the rest of the month. The Dow Jones chart shows bulls taking control, while Airbnb’s weak guidance indicates a potential slowdown in economic activity. The Bank of England is under pressure to lower interest rates, and US unemployment claims data could impact the market. Gold prices are influenced by the dollar index and Fed’s monetary policy, while the OPEC cartel’s meeting on June 1 will be crucial for oil prices.