data disappoint

Jobs Day

What’s in Today’s Report: Jobs Day, Key VIX Levels to Watch.

Markets Today

Good Morning, What’s Inside Today’s Report: — Weekly Economic Cheat Sheet Futures are fractionally lower after global manufacturing PMIs underwhelmed. Asia and Europe both traded lower off the data, although the declines are moderate. Chinese, German and EMU manufacturing PMIs all slightly missed expectations but stayed (barely) above 50, reflecting the still fragile global growth […]

FOMC Announcement Preview

FOMC Preview Despite the official end of QE, this meeting should go generally according to plan, although there are 4 key areas where potential surprises are lurking. From a market standpoint, the FOMC is expected to be “dovish,” so most of the surprise risk is on the “hawkish” side (although it’s admittedly remote). There are […]

Gold Pops, Dollar Slumps on Durable Goods Miss

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How High Can Copper Futures Go?

Copper is rallying for the fourth session in a row after near term trend resistance was broken yesterday. Sign up for a Free Trial on the right hand side of this page to read our analysis of the copper market, and where futures are going next.

Markets Today

What’s Inside Today’s Report — Why yesterday’s headlines were fundamentally positive for Europe Futures are higher this morning as Europe rebounds from Monday’s declines and China surged higher on hopes of more free market reforms. China was the out-performer o/n, rallying more than 2% after President Jinping said other regions should copy the Shanghai free […]

Your Weekly Economic Cheat Sheet

Last Week The market needed economic data last week to show that the global economy wasn’t as bad as markets had come to believe over the past month, and the data delivered. On the growth and inflation fronts (the two main areas of concern for risk assets), data last week were solid if unspectacular (but […]