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[Yahoo/Bloomberg] Fallout From European Election Hits Euro, Bonds: Markets Wrap [Reuters] French shock election news adds to unease in event-packed week [Reuter] Euro and French markets roiled by shock Macron election call [Yahoo/Bloomberg] Emerging Currencies Drop as EU Elections Add to Political Risks [Yahoo/Bloomberg] Oil Steadies After Weekly Loss as Market Looks Ahead to Fed […]
[Yahoo Finance] Inflation reading and a Fed meeting: What to know this week [Reuters] Two vessels catch fire after missile strikes off Yemen’s Aden [Yahoo/Bloomberg] Fed Dot Plot Is Set to Offer Glimpse of Rate-Cut Resolve [Yahoo/Bloomberg] EM Traders Flock to Local Debt as Election Shocks Upend FX Bets [Reuters] European Parliament poised for rightward […]
Some Time Off for Family This week HAI is just prices. This author is receiving a most welcome visit from family, and time is tight. HAI will be back next week! Weekly performance: The S&P 500 was up 1.32%. Gold was down 0.89%, silver was down 3.29%, platinum was down 6.80, and palladium was up […]
[Reuters] Wall St Week Ahead Inflation, Fed meeting to give clues for US market direction [Yahoo/Bloomberg] Charting the Global Economy: ECB Cuts Rates, US Payrolls Surge [Reuters] Israel rescues four hostages in Gaza; Palestinians say 50 dead in Israeli assault [Yahoo/Bloomberg] Bitcoin Rally and ‘Short Memories’ Reignite Everything In Crypto [Reuters] ECB’s Holzmann voices caution […]
It was another important week – and I’m not referring to Nvidia’s market cap surpassing Apple’s to reach $3.0 TN (or Roaring Kitty’s podcast touting GameStop attended by 600,000). There were market-surprising/shocking election results in Mexico, India, and South Africa. Volatility was notable across international markets. The ECB and Bank of Canada cut rates this […]
[CNBC] Stocks slide after better-than-expected jobs report boosts yields: Live updates [CNBC] 10-year Treasury yield shoots higher after May payrolls top expectations [Yahoo/Bloomberg] Gold Slumps as China’s Central Bank Halts 18-Month Buying Spree [CNBC] U.S. job gains totaled 272,000 in May, more than expected [Yahoo/Bloomberg] Moody’s May Cut Six US Banks on Commercial Real Estate […]
Here’s our weekly recap of the precious metals markets for June 6. As of this recording, here is where precious metals stand: The price of gold is flat at $2,350. Gold has been in a trading range between about $2,320 and $2,360. This is after gold peaked at $2,450. The price of silver had declined […]
[Yahoo/Bloomberg] Nvidia, Rate-Cut Bets Help Tech Stocks to Power On: Markets Wrap [Yahoo/Bloomberg] Oil Gains as OPEC+ Ministers Reject Reaction to Output Increase [Yahoo/Bloomberg] China Property Stocks Fall 20% From May High as Concerns Linger [Yahoo/Bloomberg] ECB Delivers Landmark Rate Cut But Few Signals on Next Steps [Reuters] ECB sees higher growth, inflation [AP] Slightly […]
