Crude oil, SPY, UUP, and gold ETFs react to the FOMC and US dollar (Part 3 of 5) (Continued from Part 2) PowerShares DB US Dollar Index Bullish ETF (UUP) The PowerShares DB US Dollar Index Bullish ETF (UUP) consists of long US dollar index or USDX futures contracts. The measure of the US dollar’s price Read More
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View photo . REUTERS/Richard Carson Workers from the United Steelworkers (USW) union outside the Shell Oil Deer Park Refinery in Deer Park, Texas, on Sunday. Here’s what you need to know in markets for Monday. Oil workers strike across the US. “Union workers were on strike for a second day on Monday at nine US Read More
* Dow, S&P 500 coming off worst month since Jan 2014 * Oil rises more than 3 pct, building on Friday’s gain * Reads on manufacturing due after the market open * Futures up: Dow 40 pts, S&P 4.5 pts, Nasdaq 5.25 pts (Adds Exxon results, economic data) By Ryan Vlastelica NEW YORK, Feb 2 Read More
* Dow, S&P 500 coming off worst month since Jan 2014 * Oil rises more than 3 pct, building on Friday’s gain * Reads on manufacturing due after the market open * Futures up: Dow 65 pts, S&P 7.75 pts, Nasdaq 11 pts * Indexes decline: Dow 1.45 pct, S&P 1.3 pct, Nasdaq 1.03 pct Read More
SINGAPORE: Crude oil prices fell on Monday after US unions called a refinery strike and traders cashed in on strong price gains last week when the market soared on a sharp drop in US drilling. Despite the decline, analysts said that record open interest – the Read More
SINGAPORE: Crude oil prices fell early on Monday after US unions called a refinery strike and traders cashed in on strong price gains last week when the market soared more than 8 percent on a sharp drop in US drilling. Brent crude oil futures were trading at $ 51.45 a barrel at 0240 GMT, while Read More
Disappointing economic data out of the US, China and Europe have propelled Australian bond futures prices higher. Official figures show that US economic growth slowed to 2.6 per cent in the December quarter, as imports surged and government spending dwindled. Meanwhile, eurozone consumer prices fell by a record 0.6 per cent in January, confirming deflation Read More
Gold futures rose Friday, capping the biggest monthly gain in three years, after US government data showed the economy expanded at a slower pace than forecast in the fourth quarter, reigniting demand for the metal as a haven.A widening trade gap limited expansion for gross domestic product as imports climbed three times faster than exports, Read More
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U.S. stock-index futures signaled a lower open on Friday, after the first estimate of how much the U.S. economy grew in the final quarter of 2014 and more fourth-quarter earnings reports.The fourth-quarter GDP estimate The Chicago Purchasing Managers’ Index is due at 9:45 a.m. Eastern, followed by the final reading of the University of Michigan’s Read More