At NewsWare‘s Trade Talk, we provide up-to-the-minute market moving news along with the facts, themes and trading ideas for the day ahead.
Episodes
Wednesday Dec 21, 2022
Wednesday Dec 21, 2022
S&P Futures are trading higher this morning as the market is reacting to yesterday's positive earning reports from NKE and FDX. In today's session, the market will have another housing report as well as a report on Consumer Confidence. European exchanges are trading higher and oil is higher by more than 1.5% as the API stockpiles data was bearish.
Tuesday Dec 20, 2022
Tuesday Dec 20, 2022
S&P Futures are trading flat to lower this morning on the back of a 4 day losing streak. The Bank of Japan made a change to its monetary policy overnight which is causing some nervousness this morning. Today, markets will be keeping an eye on housing data and earnings reports from NKE & FDX and oil prices are trending higher.
Monday Dec 19, 2022
Monday Dec 19, 2022
S&P Futures are trading higher this morning. Markets will be paying attention to s slew of housing-related economic reports this week. In addition, earnings announcements are expected from NKE, FDX, MU GIS, and others. European markets and oil futures are trading higher.
Friday Dec 16, 2022
Friday Dec 16, 2022
S&P Futures continue to trade in the red this morning as a reaction to the recent monetary policy moves by central banks. The key economic report today is the Flash Services PMI report for December due out shortly after the market opens. ADBE delivered a positive earnings report last night and shares are higher by roughly 4%. Oil prices remain weak and are down over 2% this morning.
Thursday Dec 15, 2022
Thursday Dec 15, 2022
S&P Futures are moving lower this morning as the market continues to digest yesterday's FOMC comments. On Wednesday the Fed indicated that it expects to push rates higher for longer in its effort to contain inflation. Key economic reports to pay attention to this morning are the Jobless Claims & Retail Sales reports. European exchanges are trading lower ahead of monetary announcements from the Bank of England and the ECB. Oil is flat to higher as yesterdays push higher may be too optimistic on a rebound of demand from China.
Wednesday Dec 14, 2022
Wednesday Dec 14, 2022
S&P Futures are trading flat to higher which is normal on days when the FOMC is scheduled to make a monetary policy announcement. Market volatility is expected at 2:00 pm ET today when the Fed makes its lastest policy announcement. Expectations are for a 50 basis point increase in the Fed Funds rate. The market will be looking for insights as to the future of rate hikes in 2023.
Tuesday Dec 13, 2022
Tuesday Dec 13, 2022
S&P Futures are trading higher this morning ahead of today's CPI release. The CPI report has the ability to spark volatility in the markets today. A further slowdown is expected, with annual CPI expected to increase by 7.3%, down from 7.7% in October. The FOMC meeting starts today and this morning's CPI release will likely be a factor in their decision on interest rates which is scheduled for release tomorrow morning. Oil futures are moving higher as the Keystone pipeline remains offline.
Monday Dec 12, 2022
Monday Dec 12, 2022
S&P Futures are trending higher this morning ahead of tomorrow's CPI report and Wednesday's FOMC announcement. Positive news events this morning include, AMGN confirming 27.8B deal for HZNP, MSFT buying a 4% equity stake in the London Stock Exchange, and Thoma Bravo in advanced talks to acquire COUP. Oil prices continue to move lower which is increasing the possibility of a soft landing.
Friday Dec 09, 2022
Friday Dec 09, 2022
S&P Futures turned lower following a hotter than expected inflation reading after trending higher earlier this morning. This morning's PPI report for November will likely be the key market-moving event today. November’s producer price index showed wholesale prices rise 0.3% last month and 7.4% year-over year, expectations were 7.2%.
Thursday Dec 08, 2022
Thursday Dec 08, 2022
S&P Futures are displaying gains in the pre-market. The market has been weak for 5 straight sessions. Weakness ahead of an FOMC meeting is not unusual, however, prior to next week's FOMC meeting we have some key inflationary reports due out including tomorrow's PPI and next week's CPI reports. European markets are slightly lower ahead of a speech later today from ECB president Lagarde. Oil prices hold onto slight gains this morning.