RoboStreet – September 19, 2019  Trading for Profits from the Trade Talks  Yesterday, mid-level trade negotiations resumed in Washington D.C. following President Trump’s decision to delay a tariff increase set for October 1 on $250 billion of Chinese imports. China also delayed tariffs on additional U.S. goods as a gesture to move toward what will […]

Markets are trading higher today following yesterday’s FOMC decision and the latest economic reports. Yesterday, Feds cut interest rates for the second time in 2019 by a quarter-point but did not guarantee further cuts. Existing home sales data for August released today showed positive growth while next week Q2 GDP revision and August core inflation […]

Major U.S. indices and futures traded lower ahead of today’s Federal Open Market Committee meeting and continued lower after the Fed cut rates by one-quarter of a percentage point. Interest rates were cut to a range of 1.75%-2% in a 7-3 vote which indicates additional cuts are not yet guaranteed. Fed Chair Jerome Powell met […]

Following multi-day streaks for all three major U.S. indices, U.S. stocks retreated from record range today. This comes ahead of this week’s two-day FOMC meeting, beginning tomorrow, and following last week’s European Central Bank’s decision to cut rates. Oil is on the rise today following an attack on a Saudi Arabian oil facility over the […]

RoboStreet – September 12, 2019  The Fed Rate Trade Is Back On  The Federal Reserve is set to meet again next Wednesday, September 18, and layout the latest fiscal policy for all to see. There is an almost unanimous consensus the Fed will cut the Fed Funds Rate by a quarter-point from 2.25% to 2.00% […]

Markets are maintaining gains following strong labor and consumer data as well as the latest U.S.-China trade developments. Yesterday, China announced tariff exemptions on certain goods while today President Trump declared he will delay the additional 5% tariffs that were set to kick in by two weeks. The European Central Bank met today and discussed […]

Major U.S. indices are on track to close in the green today following positive economic releases and easing global tensions. Producer price index data, released before market open today, rose 0.1% in August or 1.8% in the past 12 months. Tomorrow, the European Central Bank will meet and likely deliver an interest rate cut while […]

Major U.S. indices are extending last week’s rally with gains in early morning trading today and were on track to close in the green behind renewed global trade optimism. In the coming weeks, several central bank monetary policy meeting will take place and likely affect markets, including the European Central Bank meeting in Frankfurt this […]

RoboStreet – September 5, 2019  King Dollar Signaling Big Rally Ahead  One area of the global markets that doesn’t get a lot of press is the world of currencies and exchange rates. While the topic is much less sexy than stories surrounding specific companies and what’s hot in certain sectors, currency trading is many-fold larger […]

Markets are rallying behind growing global trade optimism after a tentative date for resuming trade talks between the U.S. and China was set for early October. Other news supporting stocks today includes solid economic reports, such as the latest labor data and a positive Beige Book reading from all twelve Federal Districts, as well as […]