Trading Ideas

Stock futures plummeted on Monday as investors were rattled by weekend data from China that showed its fastest ever contraction in factory activity, raising fears of a global recession from the coronavirus. The sheer scale of losses has prompted financial markets to price in policy responses from the U.S. Federal Reserve to the Bank of Japan and the Reserve Bank of Australia (RBA). Futures now imply a full 50 basis point cut by the Fed in March while Australian markets are pricing in a quarter-point cut at the RBA’s Tuesday meeting. …read more […]

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(Bloomberg) — U.S. stock futures fell in a signal the sell-off in American equities will continue after a torrent of weekend news fortified concerns the coronavirus would severely damage the global economy.Contracts on the S&P 500 dropped 1% to 2,920 as of 6:31 p.m. in New York, with losses mitigated by speculation the Federal Reserve will cut interest rates this month. The underlying index sank 11% in the prior five sessions in the biggest weekly rout since the financial crisis. Dow Jones Industrial Average futures slid 1.8% and Nasdaq 100 contracts lost 2.3%.Stocks are mired in a seven-day rout that’s …read more […]

The Americas: Many in Florida, including Democrats such as Representative Donna Shalala, have slammed Bernie Sanders comments on Cuba as uninformed. Image: AP/Shutterstock/Composite: Brad Howard …read more […]

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Trump Takes on Sotomayor and Ginsburg. Image: Jacquelyn Martin/Associated Press …read more […]

Bernie moves the Democrats toward the far left. Image: Samuel Corum/Shutterstock …read more […]

The best and worst from Kim Strassel, Kyle Peterson, Mary O’Grady and Dan Henninger. Image: Justin Lane/Shutterstock …read more […]

Bitcoin’s performance during the past three interest rate cuts suggests that it is not a safe haven asset, The Block’s research shows. In 2019, the Federal Reserve Board (Fed) cut the interest rate three times, which currently sits at 175 bps. During the three cuts, bitcoin’s price did not show any significant pick-up, the research found. […]The post Past Fed rate cuts suggest Bitcoin is not a safe haven asset appeared first on The Block. …read more […]

(Bloomberg) — Financial markets kicked off the week with renewed pessimism after data showed the Chinese economy is struggling with its coronavirus-induced shutdown and new fatalities were reported across the world. The offshore yuan sank with the Australian dollar.The offshore yuan retreated after data over the weekend showed activity contracted sharply last month. The yen climbed as the recent clamor for haven assets showed no signs of letting up, and the Aussie dollar plumbed fresh 11-year lows as investors ramped up bets for more monetary stimulus. The Federal Reserve said late Friday it’s open to action, with traders now pricing …read more […]

Focusing on the company’s deleveraging efforts Continue reading… …read more […]

(Bloomberg) — Flights canceled in Europe, schools closed in Japan, towns quarantined in Italy and panic in California. The coronavirus crisis has gone global, and with it, its impact on energy demand.For only the fourth time in almost 40 years, oil consumption may not grow at all in 2020, according to a growing minority of traders, investors and analysts. For OPEC, gathering in Vienna this week to discuss production policy, it’s a nightmare scenario likely to force the cartel into deep output cuts.“I see no growth in demand this year now the Coronavirus is everywhere,” said Doug King, a hedge …read more […]

The head of the Bank of International Settlements’ economics team said Sunday that a rapid V-shaped recovery from the Coronavirus now appears “grossly unrealistic.” …read more […]

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Coronavirus developments, February jobs report, Super Tuesday and Target earnings will keep investors busy in the week ahead. …read more […]