Futures Slide, Global Rally Fizzles; Oil Set For Longest Rally On Record

Original post

“Powell seems to have improved at the art of Fedspeak, using many words but not saying anything substantively new”

Deutsche Bank

For the second day in a row, the S&P’s recent torrid post-Christmas rally which has seen the S&P up +10.44% over the last 11 sessions, the best such stretch since October 2011, is in danger of ending as U.S. stock futures edged lower 0.3%, while European shares were mixed and Asian markets rose at as sentiment was bolstered by continued dovish tone from the Federal Reserve and hopes for a breakthrough on trade. The dollar slide continued even as Treasuries finally advanced and the oil rally continued for a record 10th day, while the US government shutdown

This post is from ZeroHedge. We encourage our readers to continue reading the full article from the original source here.