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Benzinga Market Primer: Friday, August 9: Futures Lower On Mixed China Data
Friday, August 9, 2013 - 6:48am | 1092Futures Lower On Mixed China Data U.S. equity futures traded lower in early pre-market trade following a mixed set of data from China. China released four separate key data points, all of which served to create more uncertainty over the fate of the world's second largest economy than to alleviate...
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Benzinga Market Primer: Thursday, August 8: Futures Higher On China Trade Data
Thursday, August 8, 2013 - 6:39am | 1229Futures Higher On China Trade Data U.S. equity futures shrugged off fears of Federal Reserve tapering in early trade and moved slightly higher following a largely better than expected trade report from China for July. Also, the European Central Bank issued its monthly report, revising down growth...
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Benzinga Market Primer: Tuesday, July 9: China Inflation Better Than Expected
Tuesday, July 9, 2013 - 6:54am | 1143Futures Gain On Stronger Chinese Data U.S. equity futures gained in early pre-market trade following some better than expected Chinese inflation data. The new data eased fears that the world's second largest economy is headed for a sharp contraction amid a financial liquidity crisis. Top News In...
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Benzinga Market Primer: Monday, July 8: Earnings Season Begins!
Monday, July 8, 2013 - 6:33am | 877Futures Gain Into Earnings Season U.S. equity futures rose in early pre-market trade heading into the unofficial start of earnings season after the bell as Alcoa (NYSE: AA) is expected to report second quarter results. Top News In other news around the markets: The Troika finished its review of...
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Weekly Preview: Alcoa Kicks Off Earnings Season
Friday, July 5, 2013 - 4:03pm | 1951In the upcoming week, second quarter earnings season formally kicks off with the much-anticipated earnings report from Alcoa (NYSE: AA). Also, JP Morgan Chase (NYSE: JPM) kicks off financials earnings while Yum! Brands' (NYSE: YUM) earnings report will be closely watched for comments on its...
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Chinese Avalanche of Data Hits Markets Over the Weekend
Monday, June 10, 2013 - 6:31am | 605Over the past weekend, an avalanche of economic data out of China was released and should affect markets Monday. Equities and commodities in particular should move on the news as markets digest the impact on global growth and demand from the data. Mixed Trade Data China first reported its trade...
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Benzinga Market Primer: Monday, June 10
Monday, June 10, 2013 - 6:21am | 1085Futures Higher After Japanese Gains U.S. equity futures rose in early pre-market trade after Japanese stocks bounced back from a bear market overnight. The benchmark Nikkei 225 Index rose almost 5 percent overnight following better than expected economic data which points to a recovery being...
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Benzinga Market Primer: Thursday, May 9
Thursday, May 9, 2013 - 6:35am | 1027Futures Lower After New Record Highs U.S. equity futures traded lower in early pre-market trade after the S&P 500 made new record highs again Wednesday. However, strength in bonds and the yen could have been precursors to a pull-back, which many analysts would see as healthy at these levels....
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Benzinga Market Primer: Wednesday, May 8
Wednesday, May 8, 2013 - 6:27am | 1092Futures Flat On Strong Chinese Trade Data U.S. equity futures traded flat in early pre-market trade despite China reporting a rise in its trade balance in April. China reported that its trade balance swung back to a surplus in April of $18.16 billion vs. a deficit of $0.88 billion in March....
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Benzinga Market Primer: Tuesday, April 9
Tuesday, April 9, 2013 - 6:43am | 1047Futures Rise On Alcoa Beat U.S. equity futures rose slightly in pre-market trade following a positive report from economic bellwether Alcoa (NYSE: AA). Alcoa reported first quarter EPS ex-items of $0.11 which beat estimates of $0.08 but sales fell slightly short of the forecast. Alcoa also...
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Benzinga Market Primer: Monday, April 8
Monday, April 8, 2013 - 6:40am | 796Futures Creep Higher Despite Korean Tensions, Weak Payrolls U.S. equity futures crept higher in early pre-market trade Monday despite North Korea increasing rhetoric over a missile test and following Friday's much weaker than expected Non-Farm Payrolls report. It is widely expected that North...
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Benzinga Market Primer, Monday March 11
Monday, March 11, 2013 - 6:28am | 859Futures Modestly Lower on China Fears, Italy Downgrade U.S. equity futures traded slightly lower in early pre-market trade following weaker than expected industrial production and inflation data from China. Industrial production grew 9.9 percent in February from a year ago, less than the...
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Chinese PMI Weakness in February Not An Immediate Cause for Concern
Monday, March 4, 2013 - 7:42am | 360Over the weekend, the Chinese government released the official non-manufacturing PMI which missed estimates sending risk assets across Asia lower. The weak services PMI followed the weaker than expected manufacturing PMI last week, spooking investors that the global economic recovery could be in...
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Benzinga Market Primer: Friday, February 8
Friday, February 8, 2013 - 7:40am | 807Futures Flat as Draghi Talks Down Euro U.S. equity futures were flat in pre-market trading as European Central Bank President Mario Draghi spoke after the bank's interest rate decision. Although no one comment abruptly signaled that the ECB was set to weaken the euro, the series of comments made...
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Benzinga Market Primer: Friday, January 11
Friday, January 11, 2013 - 7:34am | 726Futures Slip on Chinese Inflation Data U.S. equity futures were slightly lower in overnight trade as Chinese inflation data revealed that the PBOC may have less room to engineer a soft-landing than previously thought. Data showed that consumer inflation accelerated in the previous month, spooking...