Equities Play A Waiting Game

Consumption continued to drive growth in the first quarter. The waiting game continues for the U.S. Federal Reserve and other major central banks to cut interest rates this year. 2024 is shaping up to be a “normal” expansionary year with healthy levels of economic growth and inflation.

Asia And Europe Markets Rise, US Dollar Rebounds - Global Markets Today While US Slept

U.S. Stock markets closed higher on Tuesday, April 23rd. Japan's Nikkei 225 index finished the day higher by 2.26%. The Japanese stock market extended its winning streak to three days. Ten of the 11 S&P 500 sectors advanced on Tuesday.

Asia Ex-China and Europe Markets Gain, Gold Retreats To $2,310 Amid Diminished Geopolitical Tensions - Global Markets Today While US Slept

The U.S. Stock markets closed higher on Monday, April 22nd. The S&P 500 and Nasdaq rebounded after six days of losses. Japan's Nikkei 225 index ended the trading day higher by 0.28%. Asian markets declined in Asian trading on Tuesday.

Weekly Report: what happened at BOIL last week (0415-0419)?

Asia Ex-China And Europe Markets Rise; Gold Falls And Dollar Gains Amid Easing Middle East Conflict Fears - Global Markets Today While US Slept

The U.S. Stock markets closed mixed on Friday, April 19th. The Dow Jones Industrial Average gained 0.56% and the S&P 500 slid 0.88%. Japan's Nikkei 225 index ended the trading day higher. On Monday, the Asian markets closed higher.

Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease

Commodities Energy Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease. Crude oil prices fell more than 2% on Monday as Middle East tensions eased. Brent futures fell 0.58% to $86.58 a barrel. Gold prices retreated as well, registering a third consecutive weekly loss.

Oil rally fades as fears ease over Israel-Iran hostilities; week ends lower

Crude oil futures posted a second straight weekly loss. Israel and Iran exchanged tit-for-tat strikes in the Middle East. The energy sector ended the week -1.2%. China's Q1 gross domestic product increased 5.3% Y/Y, sending bullish signal to oil markets.

U.S. natural gas inventory net change of +50 Bcf for week ended April 12 - EIA

U.S. Natural gas inventory net change of +50 Bcf for week ended April 12 - EIA. Total working gas is above the five-year average of 2,333 Bcf. Stocks were 424 Bcf higher than last year and 622 Bcf above the average for the same period.

Asia And Europe Markets Recover While Crude Oil Slides - Global Markets Today While US Slept

U.S. Stock markets ended lower on Wednesday amid dropping oil prices and geopolitical tensions. Tech stocks led the Nasdaq lower as inventories of crude oil increased by 2.735 million barrels for the week ending April 12. Japan's Nikkei 225 index finished the trading day higher on Thursday.

Asia Markets Ex-China Decline, While Europe Gains; Gold Surpasses $2,400 - Global Markets Today While US Slept

The U.S. Stock markets ended mixed on Tuesday, April 16th. Wall Street experienced a decline amid volatile trading. The decline was driven by increasing Treasury yields and investor worries about high interest rates. Federal Reserve Chair Jerome Powell indicated that interest rates may need to stay higher.

European gas pushes higher, recouping YTD losses, on rising supply fears

European natural gas prices jump to their highest levels since January. European gas prices have recouped 30% of their YTD losses on rising supply fears. Russian strikes on Ukrainian energy infrastructure and Middle East tensions have pushed prices higher. Europe does not source gas from the Middle East, but relies on global markets.

Geopolitical Tensions Weigh On World Markets, Dollar Index And Gold Show Strength - Global Markets Today While US Slept

U.S. Stock markets closed lower on Monday, April 15, after strong March retail sales report. Japan's Nikkei 225 index ended the day lower by 1.88%. China's economy grew by 5.3% in Q1 2024, surpassing expectations. Asian stocks fell as strong US retail sales lifted dollar to five-month highs.

Weekly Report: what happened at BOIL last week (0408-0412)?

Asia Markets Ex-China Dips, Europe Advances, While Gold Reaches $2,360 - Global Markets Today While US Slept

All major U.S. Stock markets closed sharply lower on Friday, April 12th. All major indices fell over 1% for the week, marking weekly declines. In economic data, export prices rose 0.3% in March and import prices climbed 0.4%.

Brent crude tops $90 on Mideast fears, but IEA sees slower global oil demand growth

Crude oil futures settle higher Friday after touching their highest intraday levels in six months. The IEA sees slower global oil demand growth for 2024. The energy sector ended the week with losses for the full week. U.S. Crude stocks rose sharply and inflation came in hotter than expected.

Gold Clocks New High At $2,415, Asia Markets Sans Japan Dip, Europe Gains - Global Markets Today While US Slept

The U.S. Stock markets ended mostly higher on Thursday, April 11th. The Dow Jones Industrial Average declined 0.01% and the S&P 500 gained 0.74%. Higher-than-anticipated CPI data pushed Treasury yields to a peak not seen since November. Japan's Nikkei 225 index closed higher.

Tighter Fundamentals And Geopolitics Are Pushing Commodities Higher

Home Market Outlook Commodities Tighter Fundamentals And Geopolitics Are Pushing Commodity Prices Higher. Oil market tightens as geopolitical risks grow. Europe exits winter with record natural gas storage. Copper is trading at its highest since the middle of 2022.

U.S. natural gas glut to keep prices low this year before rising in 2025, EIA says

U.S. Natural gas futures fall after EIA reports larger than expected injection into storage. Inventories 38% above the five-year average for the week. The EIA expects prices to remain low this year and average $2.20/MMBtu in 2024. Crude oil futures also fall.

U.S. natural gas inventory net change of +24 Bcf for week ended April 5 - EIA

U.S. Natural gas inventory net change of +24 Bcf for week ended April 5 - EIA. Stocks for the week ending April 5, 2024 were 2,283 Bcf vs. 2,259 Bcf in the week ended March 29, 2024. Net change: EIA Weekly Natural Gas Storage Report.

US Inflation Data Plays On Asia and Europe Markets, Gold Trades Above $2,350 - Global Markets Today While US Slept

Annual inflation rate in the U.S. Reached 3.5% in March, up from 3.2% in February. The major indexes ended the day lower after unexpectedly high inflation data reduced hopes for early Fed rate cuts. Japan's Nikkei 225 index ended the trading day lower on Thursday.