Chinese stocks climbed the most in more than a week after the new head of the securities regulator signaled he will keep propping up the equity market and developers announced acquisitions.Liu Shiyu, chairman of the China Securities Regulatory Commission, said it was too early to think about the state rescue fund leaving the market, … More Asian market’s outlook . .
U.S. Indices Equity markets rebounded after a torrid week when investors questioned whether central banks have the tools to shore up the global economy. Federal Reserve Chair Janet Yellen in a second day of testimony said the Fed was assessing the impact of the swings in the markets on the … More Global Stock’s rout . .
The International Monetary Fund is discussing a bailout of Azerbaijan, hard hit by tumbling oil prices. Venezuela is out to go bust — again — for the same reason. Ecuador looks about to go the same way. More important countries may follow them — most significantly Russia and Saudi Arabia. Neither of them looks solvent … More New sovereign debt-crisis . .
European equities rose while Japanese stocks led shares in Asia lower as persistent concern over market volatility helped strengthen the yen. Oil climbed back above $28 a barrel before an update on U.S. stockpiles. The Stoxx Europe Index snapped a seven-day decline while Japan’s Topix index slid to its lowest since October … More Global market’s brief . .
US data with much of Asia in holiday mode, attention focused on the discouraging U.S. employment figures for January released on Friday. U.S. employers added 151,000 jobs last month, a sharp deceleration from recent months as companies shed education, transportation and temporary workers. The employment report lends weight to the case for the Federal Reserve … More Global brief . .
The yellow metal is trading near three-month highs and has been above $1,100 per troy ounce for the last week and a half as global equity markets try to find their footing. Gold is generally thought to move in the opposite direction of the U.S. dollar and interest rates. It was little changed … More All gold everything . . ?!
The oil slump has undercut the ECB’s most forecasts. A barrel of Brent crude is now trading at just over half of what was assumed in December. ECB is that inflation expectations have recently mirrored movements in oil — a sign that markets have started to doubt the central bank’s capacity to bring price … More Oil , inflation , Ecb . . .
S&P 500 Technical Strategy: Flat, bull-flag opens door for long-continuation setups Should downward trend continue through support, this bias can turn bearish very quickly. As markets continue to price-in a December rate hike from the Fed, watch for weaknesses in risk-trends, such as the SPX500. Alternatively, the up-side here is the most attractive given … More S&P 500 Technical Outlook: The Bull Flag is Setting the Stage
The FTSE 100 is slightly higher in today’s trading session and has so far shrugged off the fact that Chinese industrial production, published overnight, failed to meet expectations and the year-on-year is as soft as it was back in March 2015, which is also the weakest level since 2008. The outcome was 5.6% vs. the … More FTSE 100 To Bounce Back in Same Vein as the DAX 30..?