United States API Weekly Crude Oil Stock climbed from previous -2.1M to 9.88M in October 19

The EU has officially rejected Italy’s draft 2019 budget – ANZ

The EU has officially rejected Italy’s draft 2019 budget, asking it to be resubmitted with a more sustainable path for fiscal settings, including a smaller structural deficit. Key Quotes: "Italy has three weeks to comply. Under the Stability and Growth Pact, addressing excessive deb ...

Capital One Financial Earnings, Revenue beat in Q3

Investing.com - Capital One Financial (NYSE:COF) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts. The firm reported earnings per share of $2.99 on revenue of $6.96B. Analysts polled by Investing.com anticipated EPS of $2.85 on revenue o ...

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.18%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Financial Services, Consumer Staples and Industrials sectors led shares lower. At the close in Mexico, the S&P/BMV IPC lost 1.18% to hit a new 3-months low. The best performers of the session on the ...

Illumina Earnings, Revenue beat in Q3

Investing.com - Illumina (NASDAQ:ILMN) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts. The firm reported earnings per share of $1.33 on revenue of $853M. Analysts polled by Investing.com expected EPS of $1.26 on revenue of $828.23M ...

Colombia stocks lower at close of trade; COLCAP down 0.45%

Investing.com – Colombia stocks were lower after the close on Tuesday, as losses in the Industrials, Investment and Financials sectors led shares lower. At the close in Colombia, the COLCAP lost 0.45% to hit a new 6-months low. The best performers of the session on the COLCAP were Promigas ...

AUD/USD hits fresh highs but remains below 0.7100

AUD/USD rebounds after finding again support at 0.7055.  Aussie recovers as Wall Street indexes trim losses, easing pressure on EM and commodity currencies.  The AUD/USD printed a fresh daily high recently at 0.7089 and near the end of the session was holding close to the top, with ...

Risk-off markets and heavy selling pressure in equities – ANZ

In a market wrap, analysts at ANZ Bank New Zealand Ltd explained that equities were under heavy selling pressure with the S&P down 1% at the time of writing as earnings reports weighed.  Key Quotes: "That brought the month’s losses for the index to almost 7%, nearly erasing YT ...

Stocks – Dow Down, but Claws Back Bulk of 548-Point Slump

Investing.com - The Dow closed lower, but clawed back most of its big intraday losses as bargain-seeking investors swooped in on a handful of beaten-down companies offsetting weakenss in industrials. The Dow Jones Industrial Average fell about 0.5%, but closed well above its session low o ...

EUR/USD Technical Analysis: Lack of bearish enthusiasm near October lows

EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart.  EUR/USD bear tried to break below 1.1430 (the October low) but the market rebounded from the support level. The lack of bearish conviction near the monthly low can be seen as bearis ...

Argentina Trade Balance (MoM): $314M (September) vs $-1127M

Fed’s Kaplan: Should be gradually moving to neutral policy

Dallas Fed President Robert Kaplan recently crossed the wires saying that the Fed should continue to gradually move to the neutral policy. Kaplan further added that the lower half of the 2.5%-3.5% could be seen as neutral, as reported by Reuters.