Page 34 - Raphael Bostic News Today

Below are the most important global events likely to affect FX and bond markets in the coming week starting Monday April 22. While the latest developments out of the Middle East ratchet up...

As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.

(Bloomberg) -- The US stock market’s retreat from all-time highs set late last month is giving investors parked in cash an opening to buy in, according to Sinead Colton Grant, chief investment officer of BNY Mellon’s wealth management arm.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemRecord Rain...

Jeff Kilburg presents a trade that protects profits, yet positions him to be long after further carnage to the downside.

Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fueling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran. The reports followed another batch of data indicating the US economy remained in rude health and compounded concerns that the Federal Reserve will hold off cutting interest rates this year or even hike them again, The Associated Press said.

(Bloomberg) — US equity futures pared losses and the bid for haven assets unraveled after Iranian media appeared to downplay the impact of Israeli strikes. Oil switched to a decline, wiping out an earlier sharp jump that took the price of Brent crude above $90 a barrel. Treasury yields retraced much of an early move…

Detailed price information for Applied Materials (AMAT-Q) from The Globe and Mail including charting and trades.

U.S. Treasury yields declined on Friday as investors considered the latest economic data and remarks from Federal Reserve officials.

Oil and gold jumped on rising geopolitical tensions after Israel struck targets in western Iran as a response to last weekend’s attacks. One of the concerned cities is Isfahan, home to several military bases and facilities, but also to nuclear facilities including the main technology center. Iran said that the nuclear site is safe.

Oil prices briefly surged and stock markets slid Friday on reports Israel had carried out retaliatory strikes against Iran, boosting investments deemed safer such as gold.