The yen recovers against the greenback. A lot of it is the dollar story as the dollar is coming through softer today after already yesterday seeing its steepest drop since december. But we are also sing that recovery in the renminbi, offshore yen, they are moving towards the 7. 19 handle. This recovery could help take some pressure off the pboc when it fixes the yen on monday. But of course, we have been focusing on dollaryen. The recovery this week really being driven by what we got from what is seen as intervention, but also from the stop and the dollar and the moves in the past 20 hours have been fairly steady. That does not smell like intervention. Potentially, this is that extension of position trimming, especially when you consider this chart, which shows you one fraction of the fx universe. Lets put the board again. Lets take a look at what are the movers in the stock markets today. As you flagged, it is the tech sectors in focus and apple suppliers running higher. We are also s
Pin Oak Investment Advisors Inc. raised its stake in shares of BlackRock Credit Allocation Income Trust (NYSE:BTZ – Free Report) by 26.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 42,978 shares of the investment management company’s stock after acquiring an additional 8,925 shares during the period. […]
Evoke Wealth LLC reduced its stake in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT – Free Report) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,343 shares of the investment management company’s stock after selling 2,158 shares during the quarter. […]
Evoke Wealth LLC cut its holdings in shares of BlackRock Multi-Sector Income Trust (NYSE:BIT – Free Report) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,343 shares of the investment management company’s stock after selling 2,158 shares during the […]
Johnson Financial Group Inc. decreased its position in shares of BlackRock Credit Allocation Income Trust (NYSE:BTZ – Free Report) by 51.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 193,274 shares of the investment management company’s stock after selling 204,936 shares during the period. Johnson Financial Group Inc.’s holdings in BlackRock Credit Allocation […]