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Oil

Global Markets

World Stock Markets Mixed Overnight As Big U.S. Banks' Earnings On Deck

European stocks were mostly firmer and Asian stock markets were mixed overnight. China's stock market saw some pressure after weaker-than-expected export data was released. China's exports in December were down 6.1% from the same period last year. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins. U.S. stock market traders are awaiting a batch of bank corporate earnings reports Friday, including J.P. Morgan Chase.

Gold prices are seeing a mild corrective pullback Friday after hitting a six-week high on Thursday.

Global Markets

World Stock Markets Jittery On Trump Uncertainty

European and Asian stock markets were weaker overnight, on some lingering uncertainty regarding the new U.S. president. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

The marketplace is still buzzing about U.S. President-Elect Donald Trump's press conference Wednesday. Trump rattled the U.S. stock market with comments about the drug industry. The U.S. dollar index also sunk during and after Trump's presser as some worried about his lack of specifics on economic growth plans. Trump also made disparaging comments about China at his press conference.

Gold prices are moderately higher and hit a six-week high overnight as the bulls continue to gain momentum

Oil

Oil Price News: WTI Crude Oil Rises 2.7% Today

Today's oil price news saw WTI crude oil prices rise over 2.7%.

A new report from the EIA and updates on the OPEC agreement are driving oil prices today.

Here's our oil price news for today...

Global Markets

Trump Press Conference Grabbing Attention Of World Marketplace

Asian stock markets were mostly higher overnight, supported in part by some recent positive economic data coming out of China, the world's second-largest economy. European stock markets were mostly lower Wednesday. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.

Gold prices are firmer in early morning trading Wednesday, and are at a six-week high.

Global Markets

Global Stock Markets Mixed To Weaker; Trump Press Conference In Focus

The world marketplace is anxiously awaiting President-Elect Donald Trump's first press conference since his election, on Wednesday. Already, Trump's Twitter tweets have unsettled stocks and stock sectors. The marketplace perceives that Trump wants better relations with Russia, but may take a hard line on relations with China.

Gold prices are near steady in early U.S. trading and hovering near Monday's five-week high.

Global Markets

World Stock Markets Mixed Monday in Lackluster Trading Amid No Major Developments

European stock markets were mixed overnight and Asian shares were generally higher Monday, with Australia's main stock index hitting a 19-month high.

U.S. stock indexes are pointed to steady to slightly lower openings when the New York day session begins. The marketplace is generally quieter to start the new trading week, with no major news developments to guide world stock and financial market traders.

Gold prices are moderately higher in early U.S. trading Monday as prices are in a three-week-old uptrend on the daily chart

IPOs

As the Saudi Aramco IPO Date Nears, 3 Big Obstacles Remain

An official Saudi Aramco IPO date hasn't been announced, but all signs point to an initial public offering in early 2018.

An IPO that size will transform the energy markets.

Even though the IPO will be huge, there are major obstacles Aramco has to overcome before its IPO date...

Global Markets

World Markets Quieter On This Last Trading Day of 2016

World stock markets were mixed overnight and on this last trading day of the year. There were no major, markets-moving news developments overnight as a quiet, holiday-shortened trading week draws to a close. U.S. stock indexes are pointed toward firmer openings when the New York day session begins.

A marketplace feature of late this week is the weaker U.S. dollar index, which is seeing a normal corrective pullback

Global Markets

World Markets Subdued On Last Trading Day Before Christmas Holiday

Global stock markets were mixed in very quiet, pre-holiday trading Friday, as the Christmas holiday is on Sunday. Most markets are closed on Monday in observance of Christmas. Some markets close early today. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.

Gold prices are slightly higher on short covering and bargain hunting following recent selling pressure.

Global Markets

World Markets Subdued Ahead Of Christmas Weekend; Heavy Dose Of U.S. Data Out Today

Global stock markets were mostly weaker in very quiet trading Thursday, as the Christmas holiday weekend is fast approaching. World bond markets have also stabilized late this week, following tumultuous trading the past few weeks that has seen government bond yields in several industrialized countries push significantly higher. Expect activity and volatility in many markets to pick up at the beginning of the new year.

Gold prices are slightly lower in early U.S. trading Thursday, and hovering not far above the recent 10-month low.