NewsWare‘s Trade Talk

Global Markets Fluctuate and US Traders Look Toward Impending Stimulus Taper

The impending announcement of a Federal Reserve tapering could be just months ahead and investors are continuing to evaluate just how soon that could be as well as the implications of the spread of the delta variant and China’s crackdown.

With global stocks up about 90% since the pandemic rockbottom in March 2020, the question on everyone’s mind is “How much further can they climb?” If Wednesday’s inflation numbers are an indicator, the Fed might take a slower path toward normalization. But on the other hand, voices like Kansas City Fed President Esther George say the central bank needs to move ahead with reducing monetary stimulus. 

Tune in to hear what's moving Thursday's market and where to trade to end up in green.

Markets Steady as Traders Look Toward Inflation Data

Markets have fluctuated while Treasuries have slumped this morning ahead of a key report on American inflation certain to serve as indicator as to the direction of upcoming central-bank policy. With contracts on the S&P having ticked lower from a record high ahead of data, its likely US consumer prices jumped again in July.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green. 

Markets Steady While Oil Rebounds

Markets continue to drift today as investors keep watch for comments from the Fed on scaling back stimulus measures.

Crude oil was at a three week low, but has bounced back on bets that the global recovery will remain intact despite the delta variant. Treasuries remain mostly unchanged and the dollar has ticked higher. Gold saw some volatility yesterday but since then has remained steady.

Atlanta Fed President Raphael Bostic stated Monday that with stocks at or near records on the back of extraordinary stimulus measures, another strong month or two of employment gains should prompt the central bank to taper asset purchases, and that the Fed should move faster than in past episodes.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green. 

Markets Mixed on Stimulus While Commodities Dip

Markets are edging lower today with commodities dropping sharply in light of concerns about a pullback in stimulus and resurgence in the fast spreading delta virus variant. Fanning the flames of concern were both Friday’s strong payrolls report and comments from Dallas Fed President Robert Kaplan, who warned that the ongoing pandemic could lead to a slower economic recovery and a tight labor market.

Precious metals are taking a hit this morning after strong US payrolls data on Friday raised the prospect of higher rates, making them less attractive than other assets. Gold has dropped the lowest since March before paring losses and Silver has moved to its lowest since November.

Tune in to hear what's moving Monday's market and where to trade to end up in green. 

Traders Look Toward Payrolls

Markets have remained steady ahead of the highly anticipated US payrolls data today. Treasury yields have climbed higher alongside the dollar.

Solid earnings have buoyed markets this week helping the S&P and Nasdaq to really hit fresh peaks, but the debate continues - when does the Federal Reserve need to start cutting back on stimulus. Thursday’s release showed a second drop in US jobless stoked expectations for a strong payrolls that could spark market swings.

Tune in to hear what's moving Friday's market and where to trade to end up in green.

Futures Positive Ahead of Jobs Data

Markets are continuing to move higher ahead of the latest US jobs data,  as positive corporate earnings continue to roll in. The Treasury 10-year yield has held around 1.2% while the dollar has slipped against several major peers.

Many stocks are at or near record highs, yet traders are keeping watch on the fast spreading delta strain, which is prompting new mobility curbs and a rally in sovereign debt. Whether or not to pull back on stimulus is a continued debate, particularly as data released Wednesday showed persistent hiring obstacles despite improvements in the economy. Vice Chair Richard Clarida stated yesterday that the Fed is on track for a liftoff in interest rates in 2023.

Tune in to hear what's moving Thursday's markets and where to trade to end up in green. 

Futures Tick Lower on Mixed Earnings

Markets had remained steady, yet are now dipping slightly lower in light of mixed earnings. Concern over China’s game and tech clampdown has subsided with reassurance that central-bank stimulus will remain in contention to counter the lingering worry about the spread of the COVID-19 delta strain.

Earnings continue to keep market optimism buoyed with many more big reports yet to come including Ford and General Motors. The 10-year US Treasury yield has remained lower, while the dollar remains steady against most major peers.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green. 

Earnings Continue to Overshadow China's Clampdown

Markets are edging higher this morning along with the 10-year US Treasury yield, while the dollar has ticked lower against major peers.

In spite of what’s been rather robust second quarter corporate earnings, for some commentators, the months-long advance in Treasuries is an indicator of a weaker period that lies ahead for economic reopening from the health crisis. Key US jobs data to be released this week will serve as a gauge for the recovery and help to monitor the impact of price pressures ignited by pandemic related disruption and bottlenecks.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green. 

Earnings Positivity Supersedes China Crackdown for US Markets

Markets are in the green as a result of positive corporate earnings and economic data, both of which are a cause for optimism even in spite of lingering concern over China’s regulatory crackdown and the continued spread of the delta variant.

Both treasuries and the dollar are dipping lower and the Senate prepares to pass a $550B infrastructure package this week.

Tune in to hear what's moving Monday's market and where to trade to end up in green. 

Tech Outlook Worry Moves Markets into Red

Markets are seeing declines this morning as investors worry about slowing growth at mega-cap tech companies and China’s crackdown. The whole week, markets have been whiplashed by China’s regulatory grip in face of many more earnings. Traders see even more volatility  to come as the delta variant threatens the global recovery and central banks consider tightening policy.

Part of the reason we’re seeing drops in the market, particularly in Nasdaq, is from Amazon slipping in premarket after its sales outlook missed expectations.

Tune in to hear what's moving Friday's market and where to trade to end up in green.