NewsWare‘s Trade Talk

NewsWare’s Trade Talk: Friday, August 18

S&P Futures are displaying gains this morning. Earnings announcements from CSCO and WMT are in focus. Fitch Rating hinted that it may reconsider China's A+ credit grade. In Europe, stocks are slightly lower and oil prices rebounding after weakening earlier this week.

NewsWare’s Trade Talk: Thursday, August 17

S&P Futures are displaying gains this morning. Earnings announcements from CSCO and WMT are in focus. Fitch Rating hinted that it may reconsider China's A+ credit grade. In Europe, stocks are slightly lower and oil prices rebounding after weakening earlier this week.

NewsWare’s Trade Talk: Wednesday, August 16

S&P Futures are fractionally higher this morning. Earnings from retailors and the industrial production report will be in focus this morning. In the afternoon, the market will be watching for the Fed meeting minutes which is likely to show only a minority of officials favored holding interest rates steady over the remainder of the year. In China overnight, new home sales fell month over month and two major brokers have lowered the GDP forecasts for the country. In Europe, stocks are mainly positive and oil prices moving slightly lower in the pre market.

NewsWare’s Trade Talk: Tuesday, August 15

S&P Futures are moving lower this morning. Economic data out of China was weaker than expected and is creating a negative catalyst for the markets this morning. This morning the markets will be paying attention to the Retail Sales report. In earnings news, Home Depot released better than expected earnings. In Washington, Speaker Kevin McCarthy said that he expects a "short term" funding measure will be necessary to avoid a government shutdown. In Europe, stocks are falling and oil prices are lower on dollar strength and concerns on China.

NewsWare’s Trade Talk: Monday, August 14

S&P Futures are positive this morning as the market prepares for earnings and economic reports from the retail sector this week. U.S. Steel rejects a bid by Cleveland Cliffs. In Europe, stocks are mostly higher and oil prices are lower on dollar strength and concerns on China.

NewsWare’s Trade Talk: Friday, August 11

S&P Futures are little changed but lower all morning. There's more inflation data on tap this morning as the producer price index for July is scheduled for release before the markets open. Chins sold off by 2% overnight as loan data came in weak. In Europe, stocks are moving lower and oil prices are now trading higher.

NewsWare’s Trade Talk: Thursday, August 10

S&P Futures are bid up this morning ahead of a key economic reading. The CPI report is due out 1 hour before the market opens. Disney announced plans to raise streaming prices. BABA released strong earnings this morning. White House released rules on investing in China. China removed restrictions on group travel overnight. In Europe, stocks are higher with a rally in luxury goods and oil prices continue to move higher.

NewsWare’s Trade Talk: Wednesday, August 9

S&P Futures are displaying a move higher this morning as the markets continues to digest Moody's downgrades of several mid-sized banks. DIS and TTD are scheduled to release earnings later today, BABA is scheduled for tomorrow. China's economy remains on watch due to disinflation concerns. In European stocks are higher and oil prices continue to move higher.

NewsWare’s Trade Talk: Tuesday, August 8

S&P Futures are moving lower this morning. Key headlines causing this mornings weakness include, China's weak trade data, Moody's downgrading multiple U.S. banks and Italy announcing a news tax on profit windfalls. In European stocks are lower and oil prices are off by more than 1% this morning.

NewsWare’s Trade Talk: Monday, August 7

S&P Futures are displaying gains this morning. Markets will be focused on Thursday CPI report as oil prices have been climbing higher. the European stocks are trading lower this morning on weakening economic data and concerns over China's property sector. Oil is lower this morning.