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July 16, 2024
In the markets, we are seeing equities a little bit softer across the board. S p features down by about 0. 2 . Tech leading the declines lower in europe. Dollar seeing a stronger ish. Been about the reversal of the trends. Will that continue, or is today just a pause in this new shift in paradigm, as you have yields up by about one basis point . Time now for global exchange, where we bring you todays market moving news from all around the world. Soining us now is bloomberg and the karen bloomber...
June 30, 2024
Of 1 . The Treasury Curve off the back commentsllen steepening just a little bit. Alix a little bit of a risk on feel except in portions of the currency market. The yen gets a good bid. , stephansshocker just a touch over 60 basis points. South of south of 58, 57, a lot of people denying what the yield curve could mean. My question is at what point did the yield curve become real for the deniers . The is it the number or speed . Crude prices are more expensive now than in two months. An interest...
June 30, 2024
2018 . I have a commodity for my chart of the morning. It is not oil or copper. I also wanted to highlight gold because gold is near 1300 an ounce. It has been a stealthy rally into the end of the year. David youve got to admit it. I was doing golden 2008. David lets get headlines outside the business world. Worst doingemma its york cits fire in more than a quarter century. It went through a bronx killing 12uilding, people. The fire began on the first floor and spread it to the building within m...
June 29, 2024
Market impact on Hurricane Harvey. 5 , the futures up highest level in two years. Texas is the largest cotton producer in the u. S. The next two indexes are interesting as far as what is being mortgagebacked, products or production. The higher this goes, the tighter we see the Product Market. The second is the vti versus signifying more production in the u. S. , meaning lower as it comes down. In texas, floodwaters overwhelm houston as Tropical Storm harvey inundatess texas, southeastern texas. ...
June 25, 2024
I love that question. If they get a be key getting into friday. Ofathan for me, the bank england leaves forecasts unchanged. The overwhelming majority expecting rate cuts this thursday. Thats going to be fascinating. Alix fascinating communications coming out of the boe. That trickle down into european stocks. Rally into the recent coming off the biggest monthly gains this october. The hsbc Global Equity strategist ben laidler. Lots of red on monday. Thethan lots of green in last five months. Th...
June 21, 2024
Watching ahead of the closing bell. Greecess war of words with germany is increasing this week. Renewing demands and today, formally complaining about the European Finance minister. They needed to look more closely at an agreement signed in february. Greece and germany battling over how to do with a cash crunch that athens will face in the coming week. Charter communications in talks according to people with knowledge of the matter. They have about 2. 5 million cable subscribers including florid...