46 ordspråk av Angus Campbell
Angus Campbell
And a large decline in Asia means that the U.S. futures are heavily in the red too.
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Anything higher here could confirm investors' fears that the Fed's interest rate tightening is far from over and is set to continue well into 2006.
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Apple's poor figures after the bell last night mean that the U.S. futures point to a negative start for U.S. equity indices this afternoon ... Apple is trading in Europe around 3.22 euros lower, indicating a decline of $4 when U.S. markets open later,
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Apple's poor figures after the bell last night mean that the U.S. futures point to a negative start for U.S. equity indices this afternoon ... Apple is trading in Europe around 3.22 euros lower, indicating a decline of $4 when U.S. markets open later.
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As oil prices continue to trade higher, this (deficit) decline could be short lived and the U.S. trade woes may get worse.
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Bulls have been crying out for a good end to the earnings season, and this will only encourage them to push the market higher, especially if oil prices continue to remain low.
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Cisco has provided a little relief posting better than expected results after the close and we could see a bounce today.
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Clients remain largely bearish of U.S. indices on the whole but a good start to the week by Asian and European stocks means the U.S. futures point to a positive start.
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Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices,
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Considering that NYMEX crude rose yesterday on speculation that demand for oil will grow next year, an increase in stocks will be required to cool off what looks like the beginning of a little rally in oil prices.
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Crude inventories will be watched closely.
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Despite the U.S. earnings commencing in earnest this week, the recent inability of indexes to sustain their highs has led many to believe that there is impending weakness. For new highs to be set U.S. companies will have to report superb results, far outstripping expectations and things did not get off to a great start last week.
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Earnings are very much the focus of trading as we continue this week, the busiest of the season. Investors want to see that US corporations are still providing returns for shareholders in the face of rising commodity prices.
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Even though oil futures are flat this morning and have remained around (the) $63 to $64 a barrel level, concerns remain over the prospect of the combination of higher inflation and borrowing costs.
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Even though the market has fully priced in today's expected 25 basis point rise, investors will be listening out for any hints about the future path of their tightening policy,
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