Trump Tweet Sends Stock Soaring
There has been a swift and radical shift in sentiment this morning. Early on, equities and precious metals were extending Friday’s losses amid threats of imminent attacks on Iranian energy production facilities that could further escalate the war. Just after 7:00 am EDT this morning, President Trump tweeted that based on progress in talks with […]
Energy Supply, Inflation and Interest Rate Concerns Impact Markets
For the first time since the 2011 Arab Spring, a meaningful gap has opened up between Brent Crude and US Crude. Once again, this appears to be driven by concerns about Middle East supply as attacks against energy facilities on both sides of the Persian Gulf increases. Overnight, Brent Crude took another run at $120.00/bbl […]
US Dollar Retreats Ahead of Central Bank Meetings
While the Iran War continues, investors’ focus may shift away from its impact on oil supply to its impact on inflation and interest rates. With the Strait of Hormuz still being contested, and President Trump threatening more attacks on Iran oil distribution sites, US Crude Oil is down 1.5% this morning trading near $97.00/bbl, while […]
Nonfarm Payrolls Disappointment Extends Stock Selloff
A surprise contraction in US February nonfarm payrolls (-92K vs Street +59K) has sparked another round of selling in US equities this morning. US index futures are down 0.7% to 1.0% with the NASDAQ leading the way downward. European markets are also retreating this morning, with the DAX down 0.6% and the FTSE falling 0.5%. […]
Oil and Metals Rally as Markets Assess Inflation Data
US producer prices for January suggest inflation pressures may be building, as both headline PPI (2.9% vs Street 2.6%) and core PPI (3.6% vs Street 3.0%) came in above expectations. Metals are surging this morning. Platinum is up 7.7%, while Silver is up 4.3%, Copper is up 2.1%, and Gold is up 1.0%. While hard […]
Stocks Rebound, Metals Slide as Greenland Fears Ease
Markets appeared to breathe a sigh of relief yesterday after the US and NATO agreed on a framework to discuss Greenland. This development appeared to diffuse tensions enough for the US to agree to drop the tariff increases against eight EU countries that had been planned for February 1st. Building on yesterday’s bullish reversal, where […]
Supreme Court Tariff Decision Looms as Bank Earnings Continue
The US Supreme Court is expected to release decisions on a number of cases around 10:00 am EST today. One of these may address the legality of President Trump’s tariff programme. Whether the court rules yes or no, or does not issue a decision at all, could have a significant impact on trading today across […]
Oil & Gas in Focus as Markets Reopen
Markets reopen this morning with investors digesting weekend US military action in Venezuela and the removal of former President Maduro, as attention begins to shift toward positioning for 2026. Political instability is lifting precious metals to start the week. Gold is climbing 2.1% and Silver is rallying 5.5%, with strength extending into broader commodities as […]
Trump Blockade Sends Oil Soaring
Overnight President Trump announced a blockade against sanctioned oil tankers from entering or leaving Venezuela, significantly ramping up political and supply risks in the oil market. Trump is scheduled to speak to the nation at 9:00 pm EST this evening. This news has sent oil climbing today with US and Brent Crude both up 1.8%. […]
Pre-Holiday Data Drop
Equities have continued to climb overnight with the rally broadening. In yesterday’s US trading, the Russell 2000, with a 2.1% gain, and the Dow Industrials, with a 1.4% gain, led the market higher. This morning’s pre-holiday trading finds Dow futures steady and NASDAQ futures up 0.4%. Overseas, the DAX climbed 0.4%, the FTSE rose 0.2% […]