News Stocks 

‘Most people will be disappointed’: A top Wall Street headhunter throws cold water on the prospect of huge bonus increases for stock traders this year

“Wall Street stock traders got some welcome news Monday” writes Alex Morrell for businessinsider.com. Traders banking on 20% increases to their bonus pools may be sorely disappointed, according to David McCormack, founder and CEO of DMC Partners, an equities focused recruiting firm.This more human-intensive and less sexy equities business line has in recent years been overlooked and underinvested in, which McCormack says has been mistake.Some traders will see 20% bumps come bonus time — some even 50%, McCormack said.Electronic or algorithmic stock trading has also done well, but that’s a…

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News 

Dash Financial Names James Doherty as Head of Equity Product

“Dash Financial Technologies, a trading technology provider for institutional entities, announced on Monday that it has expanded its equities team by adding James Doherty as Managing Director, Head of Equity Product” writes Celeste Skinner for financemagnates.com. While at Credit Suisse he also managed the day-to-day product development of the firm’s algorithmic equities trading business.During this time he had a large impact at the firm, co-founding the Advanced Execution Services (AES) electronic trading platform. Source: financemagnates.com Share This:

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News Oil Regulators Stocks 

Asia stocks pull back from one-month high as Fed tempers rally

“The Fed statement came after a steep surge in equities and gave the markets an opportunity to sell into the rally.”” writes Midwest Communications Inc for 95kqds.com. Crude oil prices struggled near eight-month lows as investors focused on swelling global crude supply, which is increasing faster than many had expected.The euro was steady at $1.1357 Thanks to the greenback’s gains against the euro and yen, the dollar index against a basket of six major currencies gained 0.75 percent on Thursday.TOKYO (Reuters) – Asian stocks pulled back from a one-month high…

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News Stocks 

The ‘smart money’ isn’t buying the stock-market bounce, and that could mean a test of the lows: analyst

“Reynolds argued that the continued bearishness of investors despite the bounce in stock prices indicates that debt-fueled buybacks will be even more important in bringing stocks back up to trend than they have been following other corrections during the current bull market” writes Deputy Markets Editor for marketwatch.com. In fact, the index has been bearish all year. Source: marketwatch.com Share This:

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Futures News 

US equity futures continue to run higher, up nearly 1%

“Yen pairs are also a little higher but they’re not overwhelmed by the more positive risk environment seen in equities” reports forexlive.com. European equities continue to trade higher and the improved sentiment is spilling over to US futures for the time being.It’s looking to be a cheerful day for US stocks in the session ahead with Europe paving the way for risk sentiment to pick up in the equities space. Source: forexlive.com Share This:

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News 

Risk holds steady ahead of European trading

“We’re seeing some good action in risk recovery to start the day but sentiment remains fragile still as we haven’t experienced a period of calm in the equities space over the past few weeks” reports forexlive.com. And that will continue to lead some quarters in the market to be a bit skeptical (myself included) on any bounce before US traders confirm it.Right now, this will help keep yen pairs bid on the day and will help provide some comfort to European equities ahead of the open later. Source: forexlive.com Share This:

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Futures News Stocks 

U.S. stock futures swing higher after Trump says upbeat on China trade deal

“Futures rose after President Donald Trump said the U.S. will “make a great deal with China,” in an interview with Fox News” writes Markets Reporter for marketwatch.com. Dow Jones Industrial Average futures YMZ8, +0.32% rose 116 points, or 0.5%, to 24,545, while S&P 500 futures ESZ8, +0.44% rose 15.4 points, or 0.6%, to 2,659.25.U.S. stock futures pointed to a higher open for Tuesday, on the heels of a volatile and bruising session for equities. Source: marketwatch.com Share This:

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Markets News 

Asian equities push higher ahead of European trading

“E-minis are also trading higher by 0.7% at the moment and that will help give European equity investors some confidence to extend gains from yesterday in the session ahead” reports forexlive.com. It’s been a strong showing by risk in Asian trading and Trump’s comments earlier certainly is helping to bolster sentiment somewhat.Although risk is seen as rebounding now, yesterday’s price action is a good example of how fragile market sentiment can be.But it’ll still be all about the US cash equity market and watch out for the 2,600 handle in…

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Brokers Markets News 

Brokers Scramble to Inform Clients about Euronext Connectivity Issues

“Monday morning started with some market issues as to European equities markets operator Euronext experienced some technical difficulties” reports financemagnates.com. The issue affected several broker feeds which have been offering access to European equities markets.After the official message to market participants that the issue has been closed, the website of Euronext still appears to be very slow.Euronext’s issues started around the market open in Europe and persisted for most of the morning. In the meantime, brokers should be back to normal functionality as the market is fully functional. Source: financemagnates.com Share…

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