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4 minute read

US Stocks On Track For Strong Start With VIX Plunging: Why This Analyst Says Next Move ‘More Likely Higher Than Lower’

By Shanthi Rexaline
November 29, 8:24 AM
After stocks scraped through on Wednesday, the market mood has lifted from a general increase in risk appetite. With volatility plunging, all risky bets, such as equities and cryptocurrencies, are rising higher. Crude oil prices rose solidly, and the bond yields moved lower as traders continued to discount an accommodating monetary policy environment based on the recent spate of soft data.

BILI

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2 minute read

Asian Markets Mixed, Europeans In The Red; Gold Stays Above $2K, Crude Oil Remains Over $75 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi
November 28, 7:45 AM
On Monday, November 27th, U.S. stock markets closed in the red as investors paused following Thanksgiving to focus on upcoming inflation data, consumer confidence, and spending. In economic data, U.S. new home sales in October fell 5.6% to an annual rate of 679,000, below estimates of 723,000. This decline contributed to a cautious market mood.

ADIV

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4 minute read

US Stocks On Track To Pause As Recent Gains, Data-Heavy Week Render Mood Cautious: Why This Analyst Thinks Market Will Chug Along Into Year-End

By Shanthi Rexaline
November 27, 8:04 AM
U.S. stocks could stall at the start of the new trading week as they come off a week when all three major averages advanced solidly. Trading in the index futures points to a modestly lower opening as investors look ahead to a data-heavy week that would offer more cues on inflation, growth, the state of the housing market, and the direction of monetary policy.

BTC

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2 minute read

Asian And European Markets Dip; Gold Trades Above $2K, Crude Oil Approaches $75 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi
November 27, 7:51 AM
On Friday, November 24th, U.S. stock markets closed mixed with minimal changes in a holiday-shortened trading session.  In economic data, the U.S. services PMI by S&P Global increased to 50.8 in November from 50.6, the highest in four months and above forecasts of 50.4, and the manufacturing PMI dropped to 49.4 from 50, falling short of the expected 49.8.

ADIV