Wall St falls; ASX futures lower; oil climbs again
Thermal coal futures surge again, iron ore’s gains lift miners. Newcrest eyes copper production hikes. CSL gives revenue guidance. Telstra AGM. Bitcoin tops $US57k.
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Thermal coal futures surge again, iron ore’s gains lift miners. Newcrest eyes copper production hikes. CSL gives revenue guidance. Telstra AGM. Bitcoin tops $US57k.
When the Kansas City branch of the Federal Reserve announced in May that its annual gathering of central bank governors would be held as a face-to-face event
Brian Sack, D. E. Shaw group director of global economics US Treasury bonds with longer maturities remain effective hedging instruments against inflation in the current low rate environment, according to the D. E. Shaw group, a New York-based investment firm, suggesting long-term US yields may have room to decline further. The rise in US Treasury yields over the past few months reflect investor concerns about inflationary pressure. But in the medium- to long-term, the US government bonds of longer maturities will become effective hedging tools, said Brian Sack, the D. E. Sha...
âThe genieâs out of the bottleâ: Inflation is here. What now? Weâre sorry, this service is currently unavailable. Please try again later. Dismiss By Neil Irwin Save Normal text size Advertisement The central fact of the US economy in mid-2021 is that demand for all sorts of goods and services has surged. But supplies are coming back slowly, with the economy acting like a creaky machine that was turned off for a year and has some rusty parts. The result, as underlined in new government data this week, is shortages and price inflation across many parts of the economy. That i...
Provided by Dow Jones May 8, 2021 10:42 PM UTC Bitcoin once threatened to displace the dollar; now numerous competitors purport to do the same. Tesla Inc. was once about the only stock you could buy to bet on electric vehicles; now there is China's NIO Inc., Nikola Corp., and Fisker Inc., not to mention established manufacturers such as Volkswagen AG and General Motors Co. that are rolling out ever more electric models. But for assets across the board to fall would likely involve some sort of macroeconomic event, such as a recession, financial crisis, or inflatio...