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1 HOUR AGO - Zero Hedge

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With Janet Yellen Just Hours Away, Directionless Markets Wait For A Signal

With Yellen's much anticipated speech just hours away, the already comatose market flatlined overnight in another directionless session, with European stocks and US equity futures practically unchanged, while Asian shares to a two-week low, led by Japan, as investors showed a reluctance to take on risk before Yellen’s speech. The dollar was a tad lower, along with oil which continues ...

Tags: With Janet Yellen Just Hours Away, Directionless Markets Wait For A Signal,  Commodities Latest News

3 HOURS AGO - Atlantic Monthly

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3 HOURS AGO - The Economist

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A long haul

“DUEL”, one of Steven Spielberg’s early films, features a lorry apparently controlled by demonic forces rather than a driver. The sensors, cameras and software already steering the wheels of some of the world’s lorries, in place of drivers, are regarded as a similarly malign power by truckers fearing replacement by technology. But they have little reason to worry about the ...

Tags: A long haul,  Commodities Latest News

AUG 12, 2016 - Zero Hedge

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Crude Spikes To 3-Week Highs After Biggest Surge In Open Interest In 10 Years

WTI is now up 14% from its lows last week, with Sept 2016 trading back above $44.50 at 3-week highs. Oil's rapid OPEC-headline-driven recovery continues... Despite rising inventories (and record production levels in OPEC), the Saudi statement hope remains and prompted the biggest spike in WTI Open Interest since August 2006 yesterday! As Bloomberg notes this is the highest level ...

Tags: Crude Spikes To 3-Week Highs After Biggest Surge In Open Interest In 10 Years,  Commodities Latest News

AUG 12, 2016 - Zero Hedge

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Futures Rise, Global Stocks Flat After Ugly Chinese Economic Data

One day after all three US indexes hit record highs for the first time since December 31, 1999, and global stocks headed for the biggest weekly gain in a month as gains in oil prices bolstered investor confidence, US equity index futures, European stocks and Asian equities are little changed after the Nikkei jumped on the back of a Yen ...

Tags: Futures Rise, Global Stocks Flat After Ugly Chinese Economic Data,  Commodities Latest News