Futures are recovering. Is it this just a correction or a start of a new rally?

Stock futures bounced a bit on Monday evening following the market’s worst decline in two years on coronavirus fears. The slight gains came even as United Airlines and Mastercard warned about the potential impact the coronavirus will have on 2020 results after the bell. Investors fled the stock market rapidly in Monday’s session as a […]

Germany – Ifo Business Climate 96.1 vs. 95.3 expected

Germany Ifo Business Climate Prior: 96.0 Survey: 95.3 Actual: 96.1 *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price different from the stated (the first possible market price). In the first few seconds, performance may be delayed due […]

Negative sentiment continues to weigh on major indexes

Global index futures continue to decline, as investors continue to watch developments surrounding the coronavirus outbreak that was first reported in China, but has spread rapidly in other countries especially South Korea and Italy, which reported a spike in the number of confirmed cases in recent days. On Sunday, Seoul raised its coronavirus alert to […]

U.S. stocks are mixed as conflicting signals in recent days about the containment of the coronavirus outbreak and its potential economic impact subdued investor sentiment. China has stepped up efforts to limit the economic impact of the viral outbreak by lowering both short- and long-term lending rates this week. The central bank also plans to […]

Canada – CPI, 0.4% as expected

Canada – CPI Prior: -0.4% Survey: 0.4% Actual: 0.4% *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price different from the stated (the first possible market price). In the first few seconds, performance may be delayed due to […]

USA: Retail Sales, January: +0.3% vs +0.3% expected

Prior was +0.3% (revised to +0.2%) Ex autos +0.3% vs +0.3% expected Prior ex autos +0.7% (revised to +0.6%) Ex autos and gas +0.4% vs +0.3% expected Prior ex autos and gas +0.3% Control group 0.0% vs +0.3% expected Prior control group +0.5% (revised to +0.2%)