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U.S. Equity Futures Jump as ECB Goes All In on Policy Efforts

U.S. Equity Futures Jump as ECB Goes All In on Policy Efforts

U.S. equity futures pointed to a sharply higher open on Wall Street on optimism from a European Central Bank rate decision. Continue Reading Below As of 8:40 a.m. ET, Dow Jones Industrial Average futures were up 130 points, or 0.76% to 17137. S&P 500 … Continue reading at

China has ‘one last chance’ to clean up its mammoth bad debts

REUTERSLabourers clean the glass windows outside a 30-floor business building in Qingdao, Shandong province, China, October 4, 2015. At a time of slowing growth, acute overcapacity in some sectors and rampant credit growth, concerns over the … Continue reading at

KPMG Finance Leader Morris Treadway And Political Commentator James Carville To Headline Tagetik In Touch Conference

Treadway’s keynote, “Are CFOs Ready for the Challenge?” will present findings from KPMG’s View from the Top, a recent survey of 549 global CEOs on the role of CFOs in business today. He will discuss the unique challenges and transformative attributes of … Continue reading at

Business Education

Holy El Ni?o! It’s possible Shasta Lake will fill up this month

In a Slate story about the soakings walloping California this month, meteorologist Eric Holthaus made a bold statement. “The series of storms could double the current snowpack in the Sierra, and fill Shasta Reservoir…” he wrote. Shasta is the state’s … Continue reading at

Vail Resorts (MTN) Falls Further As It’s Water-Logged And Getting Wetter

Trade-Ideas LLC identified Vail Resorts ( MTN) as a “water-logged and getting wetter” (weak stocks crossing below support with today’s range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Vail Resorts as … Continue reading at

FTCE Business Education 6-12 Secrets Study Guide: FTCE Test Review for the Florida Teacher Certification Examinations
***Includes Practice Test Questions***FTCE Business Education 6-12 Secrets helps you ace the Florida Teacher Certification Examina…

How To Build Your Successful Online Teaching Business (Online Entrepreneurship Book 1)
Free video training for would-be entrepreneurs - get the exact system for video content creation I used to generate 5 figures in…

Business Education

Tace Bell announced breakfast menu

Taco Bell has launched a new $ 1 breakfast menu (Photo: Taco Bell) Mexican-style fast food chain Taco Bell unveiled a $ 1 breakfast menu, which kicks off across the nation Thursday. "While dollar menus disappear across America, Taco Bell is continuing to … Continue reading at

The world’s largest investor is betting on traders in their twenties to help fix the market’s biggest weakness

What does a 25-year old know about trading bonds? Maybe enough to help one investing giant solve a problem that Wall Street can’t seem to get its head around. BlackRock, which manages $ 4.6 trillion in assets, has a team of young traders thinking of ways … Continue reading at

US Equity Futures Jump as ECB Goes All In on Policy Efforts

Image by Lucy Nieto

Is the stock market madness over?

Fear is fading on Wall Street. Volatility rippled through stock markets right out of the gate this year. On February 11, the VIX volatility index hit its highest point since the stock market’s deep plunge in late August. But now, cooler heads appear to be … Continue reading at

After Brutal Start To Year, US Leveraged Loans Just Had Their Best Week Since 2011

After a long winter of price declines, March has brought a welcome thaw to the leveraged loan market. Spurred by improved - though still weak - technical conditions and better investor sentiment, the S&P/LSTA Index gained 1% in the week ended March 8 … Continue reading at

Answers to your (tax-related) IRA questions

Question: How do I figure out the tax owed on an early withdrawal from a Roth IRA? Answer: Good question. If you do a conversion, your Roth IRA can include money from (1) your annual after-tax contributions (2) contributions from one or more converted … Continue reading at

* Watch the latest market update from the floor at City Index, with Richard Clare.
Losses can exceed initial deposits.

Asian stocks rebounded and investors snapped up the Australian dollar after trade data out of China far exceeded expectations today.

Stock markets from Australia to Hong Kong were up 0.4% – 0.9%.

Copper scaled a seven-week peak after exports from China rose 5.1% in July from a year ago and imports jumped 10.9%, a sure turnaround after unexpected falls in June

We have the BoJ Press Conference today and in contrast, the Nikkei fell 1.6%, extending on yesterday’s drop. This came even after the BoJ maintained its monetary stimulus in a widely anticipated decision after a policy review. Japanese shares closed at a six-week low.

– European stocks and US stock futures were little changed after this announcement, offsetting investor concerns that the Federal Reserve will pare bond purchases this year.

In the UK, insurance group Aviva posted a 5% rise in operating profits as rising sales in key markets offset weakness in southern European operations.

Avocet Mining opened up 22% after announcing new mine plans to reduce costs. Antofagasta and Glencore Xstrata Plc were also up 3%.

In FX EUR/JPY was trading at 128.67, USD/JPY at 96.32 and GBP/JPY at 149.22.

The Dow closed at 15470, whilst the FTSE is currently trading at 6511 and the Nikkei at 13,605.

In economic data, the ECB monthly bulletin will be released at 9am, followed by US unemployment claims at 1.30pm. Elsewhere Universal Office Automation releases its earnings report on Friday.

Business Education

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