FTSE 100 still choking on banking stocks
Last week the UK government announced it plans to sell all its remaining holdings of Nat West (RBS group) and that has seen the share price rebound...
Dow Jones futures slip after Moodys lowers Chinese outlook to negative from stable
Some days back I ran a series of updates looking behind the scenes at what is really unfolding in the Chinese economy and it is not positive at all...
DAX in the driving seat again this morning?
Yesterday the major European stock markets all set lower daily closes, but with one notable exception.That was the DAX, which only narrowly avoided...
As just noted, the dollar has reacted positively to the latest US JOLTS, job openings report. This data has also sent US stock markets back down and quashed the earlier attempted rebound. The Nasdaq 100 was pushing back above 14,800 ahead of this report and the Dow Jones and S+P 500 were making similar moves too. However, this data has seen US yields rebound once more and that has impacted the stock markets negatively. The Nasdaq 100 has now traded to below 14,700 and could have further to fall. The index is just now trading at 14,675