NewsWare‘s Trade Talk

NewsWare’s Trade Talk: Friday, July 14

S&P Futures are trading slightly higher this morning. Market are reacting positive on earnings releases from JPM, WFC and UNH this morning. St Louis Fed Bank President James Bullard (hawk) has resigned. FTC asks appeals court to pause MSFT/ATVI merger. European indexes are mostly higher and oil prices are trading flat to lower but remain on track for another weekly gain.

NewsWare’s Trade Talk: Thursday, July 13

S&P Futures are displaying positive action ahead of this morning's PPI release. Earnings season is starting, this morning DAL & PEP are higher on positive results. Chinese regulators seem to have ended their tech stock probe sending Chinese stocks higher. Bank stocks are positive ahead of earnings announcements tomorrow and chip stocks are gaining. European indexes are higher and oil prices are trading flat to marginally this morning ahead of this morning's stockpiles report.

NewsWare’s Trade Talk: Wednesday, July 12

S&P Futures are moving higher ahead of this morning's CPI release. data is expected to show a slowdown in inflation as the elevated June 2022 number falls out of the 12-month calculation. A big win for MSFT as courts approve their acquisition of ATVI. AVGO received EU approval for VMW acquisition. Disney is said to be exploring strategic options for it's India business. European indexes are higher and oil prices are trading flat to marginally this morning ahead of this morning's stockpiles report.

NewsWare’s Trade Talk: Tuesday, July 11

S&P Futures are slightly higher and have been in a tight trading range all morning. The calendar is light today in terms of economic and earnings announcements. Tomorrows we have a key inflation reading with the release of the CPI data. Amazon Prime Day sales event starts today, AAPL is launching a store on the Chinese messaging app, WeChat and Chinese authorities announced a new loan-relief measures for property developers. Biden is in Lithuania meeting with Turkey's president as Finland and Sweeden are expected to be approved for NATO membership. European indexes are higher and oil prices are up almost half of 1 percent.

NewsWare’s Trade Talk: Monday, July 10

S&P Futures are slightly lower this morning. Markets are focused on the CPI release later this week. Economic data from China overnight indicated weakening domestic demand. Tres Sec Janet Yellen's trip to China was viewed as positive by both sides. earnings season begins later this week with many of the large banks scheduled to release. European indexes are higher and oil prices are weakening due to the economic data out of China which is creating concerns about their economic recovery.

NewsWare’s Trade Talk: Friday, July 7

S&P Futures are slightly lower as the market awaits this mornings Non Farm Payrolls report. Tres Sec Janet Yellen is in China saying that the U.S. doesn't seek economic estrangement from China in an effort to repair relations, China remains cautious of Yellen's comments due to recent actions from the Biden Administration. META's Threads is said to be seeing a significant amount of sigh ups. Biogen received FDA approval for its Alzheimer's treatment. BABA is trading higher as Chinese regulators have issued a fine, which is seen as a end to their investigation. European indexes are displaying significant weakness and oil prices are prices are flat to higher ahead of this morning oil stockpiles report.

NewsWare’s Trade Talk: Thursday, July 6

S&P Futures are trading lower this morning as yesterday's FOMC meeting minutes assured the market that the fed will issue another rate hike in its July meeting. The prospect of higher rates for a longer period of time is causing the global equities markets to stumble today. Treasury Secretary Yellen arrives in China today in an attempt to repair ties. European indexes are displaying significant weakness and oil prices are prices are flat to higher ahead of this morning oil stockpiles report.

NewsWare’s Trade Talk: Wednesday, July 5

S&P Futures are trading lower this morning. Semiconductors and Cloud stocks are weaker due to heighten tensions between China and the U.S., Treasury Secretary Janet Yellen heads to China tomorrow. China's economic trajectory is in focus today as the Caixin PMI data came in lower than expected. This afternoon the Fed will be releasing the minutes from the June FOMC meeting. European indexes are lower and oil prices are pricing in the latest production news from the OPEC meeting against a weakening global economy.

NewsWare’s Trade Talk: Monday, July 3

S&P Futures are trending higher this morning ahead of a shortened trading day today. Trading volumes are expected to be light today. While it is a quite week on the earnings front, Economic and Energy data will be making headlines. This week we have the Fed meeting minutes being released on Wednesday and the Non-Farms payroll report on Friday. In Energy news, there is an OPEC meeting this week and an announcement is expected on Thursday. Plus Treasury Secretary Janet Yellen is off to China on Thursday. European indexes are higher and oil prices are showing gains this morning.

NewsWare’s Trade Talk: Friday, June 30

S&P Futures are displaying positive gains in the pre-market. This morning the market will be paying attention the Personal Income and Outlays report for May. The PCE report is a key inflation indicator and provides import data for FOMC members when deciding on the path of interest rates. Eurozone inflation fell more than expected in June despite rising core rate. NKE delivered a slight miss on earnings on higher revenue last night, this morning STZ is scheduled to release. European markets are higher and oil futures are slightly higher.