Trading Markets

The World Wags The Dow

Warnings from Japanese government officials that theireconomy will deflate and worries that the US economic slowdown will ripplethroughout the world sent Japanese stocks to new 16-year lows and European stockaverages down 3.5% overnight. The negative overseas stock market performancessent S&P and Do

Boxed-In

European currency futures are selling off after freshinflation data made it more unlikely that the European Central Bank will sooncut interest rates to stimulate the continental economy. Fear that the economicslowdown in the US and Japan could lead to a global economic slowdown isdominating many tra

Giants’ Footsteps Still Showing Path

Last weeks earnings warnings from chip Intel
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PowerRating),and Ciscos
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NazDogs Roll Over

June Nasdaq 100 futures
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Bean Oil Posts Green Flags

Soybean oil
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PowerRating) got going early, spoutingup in the first 10 minutes of trading to a new three-month high. Bean oil hasbeen diverging from the grains and is now the second leading contract on the Momentum-

Inviting Foreign Speculation

The Japanese Finance Minister, Kiichi Miyazawa, all butinvited currency speculators to short the yen, saying that he was not against anatural decline in the national currency. A cheaper yen would stimulateexports and help revive an economy stalled for a decade and facing anotherpotential bout of