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[Yahoo/Bloomberg] Nasdaq Under Pressure as Nvidia Retreats: Markets Wrap [Yahoo/Bloomberg] Oil Creeps Up After Loss as Prices Take Cues From Wider Markets [Yahoo/Bloomberg] Bitcoin Extends Drop After One of Crypto’s Worst Weeks of 2024 [Yahoo/Bloomberg] Yuan Pressure Mounts as Trading Disruptions Appear Once More [Yahoo/Bloomberg] Options Market Signals Volatility on French Vote Likely to Last […]
[Yahoo Finance] Fed’s favorite inflation reading highlights last week of Q2: What to know this week [Yahoo/Bloomberg] NYC Temperature to Approach Record as Heat Sits Over Eastern US [Yahoo/Bloomberg] A Stock Trader’s Guide to Navigating the French Election Turmoil [Yahoo/Bloomberg] Credit’s Strong Run Stumbles for First Time This Year [Yahoo/Bloomberg] Fed’s key inflation gauges may […]
[Yahoo/Bloomberg] Macron Courts Coalition of Rivals to Block ‘Extremes’ From Power [Yahoo/Bloomberg] Charting the Global Economy: BOE Leaves Rate-Cut Hopes Alive [Reuters] Wall St Week Ahead Rally in U.S. big tech stocks may be getting stretched [Reuters] U.S. East Asia envoy says South China Sea situation deeply concerning [Reuters] US aircraft carrier arrives in South […]
An Unnerving Feeling On Friday, Goldman Sachs’ head of execution services, Bobby Molavi, summed up the current market zeitgeist nicely. As Molavi put it, “For a year where the biggest market in the world [S&P 500] has hit its +30th all-time high…and 6 of the 10 biggest stocks in the US hit individual all-time highs…there […]
Here’s our weekly recap of the precious metals markets for June 19. As of this recording, here is where precious metals stand: The price of gold rose to $2,330, up slightly from $2,326 last week. The price of silver is flat at $29.71 per ounce. Platinum is currently $988, up slightly from $967 last week. […]
Let’s get started with domestic. Ten-year Treasury yields traded this week at the lowest level since March. Markets have taken this as confirmation of economic weakening. The market closed Friday pricing a 4.85% policy rate at the Fed’s December meeting, implying two rate cuts (48 bps). Mohamed El-Erian is emboldened, penning his “The Fed Needs […]
[Yahoo/Bloomberg] Risk-Off Mood Puts Bonds in Favor After Weak PMIs: Markets Wrap [Yahoo/Bloomberg] Yen Hangs Firmly in Crosshairs of Intervention Despite Watchlist Warning [Reuters] Cash is leaving China again, pressuring yuan [Yahoo/Bloomberg] Oil Set to Notch Weekly Gain as Stockpile Draw Spurs Bullishness [Yahoo/Bloomberg] Car-Dealer Chaos Arises From Cyberattack on $1.2 Trillion Market [Yahoo/Bloomberg] All […]
[Yahoo/Bloomberg] US Stocks Set for New High as Rate-Cut Hopes Build: Markets Wrap [Reuters] Dollar rises, pound, Swiss franc drop on busy central bank day [Yahoo/Bloomberg] Oil Holds Above $85 as Traders Await Fresh US Stockpile Data [Reuters] US weekly jobless claims fell in latest week [CNBC] Mortgage demand flattens even as interest rates hit […]
