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[Yahoo/Bloomberg] Stocks Rise as Traders Assess Fed Hikes: Markets Wrap [Reuters] Dollar edges lower as currency markets pull back on Friday’s moves [Yahoo/Bloomberg] Oil Endures Choppy Start to Week With Demand Concern to the Fore [Yahoo/Bloomberg] Yen Shorts Crumble as 2022’s Hottest FX Trade Comes to an End [Reuters] Wait and see: U.S. companies curb […]
[CNBC] Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves [MSN/WP] China expands military drills, escalates threats against Taiwan [Reuters] Chinese and Taiwanese warships eye each other as drills due to end [Reuters] China’s export growth gains steam despite weakening global demand [Yahoo/Bloomberg] Ukraine Latest: Area Around Nuclear Plant Shelled for […]
Yield Curve Speaks, Commodities Listen August is just getting going, but it’s already proving to be far from a vacation month for markets. A number of complicated and consequential dynamics are in play. This week, the bear market rally in major stock indexes persisted, commodities continued to slide, the dollar gained ground again, and bonds […]
[Reuters] Taiwan says Chinese warplanes and ships conduct attack simulation exercise [Reuters] Blinken chides China’s ‘irresponsible’ cut in U.S. communication [AP] Russian forces begin assault on two eastern Ukraine cities [Yahoo Finance] Bond markets complicate Fed decision after blowout jobs report [Yahoo/Bloomberg] Charting the Global Economy: Job Growth in US Powers Ahead [Yahoo/Bloomberg] Shale Drillers […]
Bloomberg’s David Westin (Wall Street Week, July 29, 2022): “What do you economists do when you put together these neutral rates?” Larry Summers: “I think Jay Powell said things that, to be blunt, were analytically indefensible. He claimed twice in his press conference that the Fed was now at the neutral interest rate – calling […]
[Yahoo/Bloomberg] Stocks Slide as Jobs Fuel Rate-Hike Bets: Markets Wrap [Reuters] Oil Suffers Deep Weekly Loss as Concerns Over Demand Intensify [AP] US employers added 528,000 jobs; unemployment falls to 3.5% [CNBC] Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market [AP] Democrats say they’ve reached agreement […]
This week we cover the price movements of gold, silver, equities, and more. Gold has seen a push back up towards $1800 as the realities of the US recession set in. We look back at how gold and the equities markets performed back in 2007 and compare how it relates with the movements of 2022. […]
[Yahoo/Bloomberg] Bonds Rally on Economic Fear; Tech Stocks Gain: Markets Wrap [Yahoo/Bloomberg] Gold Climbs as US-China Geopolitical Risks Keep Market on Edge [Reuters] Oil prices stabilise after drop to near 6-month low [CNBC] Weekly jobless claims rise to 260,000 ahead of nonfarm payrolls report [USAT] Extreme temperatures scorch US under heat dome [Reuters] Chinese military […]
