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TOKYO (dpa-AFX) - The Japanese stock market is trading modestly lower on Tuesday, reversing some of the gains in the previous two sessions, following the mixed cues from European markets and lack of cues from Wall Street overnight, with the Nikkei 225 falling to near the 66,300 level, with weakness…
Most American investors have a fairly limited map of Asia. They know Japan because Japanese stocks have finally awakened after several lost decades. They know China because it generates a steady supply of enormous opportunities, political headaches, and alarming headlines. Beyond those two markets, things get fuzzy. Th
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%
***General Trend and Developments*** -Crude oil looked to be heading towards a higher open and US equity FUTs a lower open, until 20 minutes before the Monday reopenings, when Axios reported that the US and Iran would halt strikes and meet tomorrow in Doha, Qatar. -Oil ended up only opening modestly higher by US armed