Having failed to cross the short-term key hurdle around $2,000, gold (XAU/USD) prints mild losses near $1,990 heading into Tuesday’s Asian session. That said, the bright metal rose to the highest levels since last seen during late 2020 the previous day before retreating from $2,002. While the supply-crunch fearsRead More →
GOLD, XAU/USD, US DOLLAR (DXY), FED, UKRAINE, YIELDS – Talking Points Gold has raced up as markets get jittery over Ukraine developments Fed rate hike expectations fluctuate with conflicting jawboning from officials Lower yields and rising investment risks boosted gold. Can XAU/USD keep going? Gold shot higher on FridayRead More →
Gold, XAU/USD, US Retail Sales, University of Michigan Sentiment, IGCS, Technical Analysis – Talking Points: Gold prices extended losses after US retail sales beat expectations Rosy University of Michigan Sentiment data could extend its losses Bearish Rising Wedge breakout continues to unfold, eyes on SMAs Anti-fiat gold prices weakenedRead More →
© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph By Kevin Buckland TOKYO (Reuters) – The dollar languished on Wednesday, hovering just above a seven-week low with subdued U.S. bond yields reducing the currency’s yield appeal. The safe-haven greenback got some respiteRead More →
S&P 500 Futures regain 3,900, up 0.20% intraday, to rise for the first time in a week. US 10-year Treasury yields jump to the fresh high since February 2020. Comments from Chinese diplomat join virus, vaccine optimism to back the mood amid a light calendar. Risk-on mood gains momentumRead More →
© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar was firmly pinned at a one-week low on Tuesday as an overnight slide in U.S. Treasury yields raised doubts on the outlook for the greenbackRead More →
EUR/USD bears waiting to pounce with bearish H&S in the making. USD volatility seeking a convincing break to the upside as US yields firm and FX intrinsic values are finally measured. EUR/USD is currently trading at 1.1817 and between a 1.1777 and 1.1864 range while recently pulling back fromRead More →
U.S. Treasury yields traded higher on Tuesday as reports that the spread of COVID-19 may be slowing down helped to cheapen prices for government paper, drawing investors to the Treasury Department debt auction in the afternoon. Federal Reserve Chairman Jerome Powell testified in front of the House Financial Services Committee,Read More →
U.S. Treasury yields fell Thursday, extending their week long drop, as growing concerns about the coronavirus epidemic and the prospect for the World Health Organization to declare it a global emergency kept haven assets in demand. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.81% was downRead More →
U.S. Treasury yields fell Thursday in the first trading session of 2020, which saw stock indexes surge to new highs, fears of a global economic slowdown subside and optimism hold about a partial resolution to the U.S.-China trade war. Most global markets were closed Wednesday for the New Year’s holiday.Read More →
U.S. Treasury yields on Tuesday edged up slightly as Wall Street prepared to close out the final trading session of 2019, which has been marked by strong rallies for stock markets and a Federal Reserve that has supported gains in both bonds and equities. Bond and stock markets will beRead More →
U.S. Treasury yields came off their highs to close mostly flat on Thursday after brisk bidding for a debt auction in the afternoon, a sign that investors are still hungry for bonds despite worries that this year’s strong rally across all fixed-income assets have made their valuations expensive. With EuropeanRead More →
U.S. Treasury yields slipped for a second day early Tuesday, as stock futures gave back ground again, with a auction for the bond-market’s benchmark maturity in the afternoon. What are Treasurys’ doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.67% retreated 2.8 basis points to 1.803%, while the 2-year noteRead More →
Yields on U.S. government debt rose Wednesday as Treasury prices gave back some of the previous session’s large gains following a news report that said the U.S. and China remained on track to complete a phase-one trade deal before a Dec. 15 deadline despite President Trump’s comments about a delayRead More →
The real-estate sector has been the best performer in the S&P 500 Index over the past 12 months. Earlier this month, a similar review identified the utilities sector as the 12-month winner through Oct. 1. But through Oct. 22, real estate is the 12-month champion among the S&P 500 SPX,Read More →
U.S. Treasury yields held their ground on Friday as investors looked ahead to the official scorecard of the labor market’s health, amid growing questions about the longevity of the recordlong economic expansion. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.22% was down 0.7 basis point to 1.529%,Read More →
U.S. Treasury yields climbed Wednesday as President Donald Trump suggested he could be close to striking a trade deal, contributing to stock gains and weighing on demand for haven assets. Investors had been fleeing risky assets late Tuesday after the leader of the House said she would support an impeachmentRead More →
Marathon Asset Management CEO Bruce Richards said government bond yields trading at negative levels “is the most absurd thing central banks have done and it will blow up in their face,” at the CNBC Institutional Investor Delivering Alpha conference on Thursday. Ultra-loose monetary policy by major central banks including, theRead More →
By Hideyuki Sano TOKYO (Reuters) – Asian stock markets held firm and bond yields rose on Wednesday as hopes of diminishing U.S.-China tensions and reduced risk of no-deal Brexit prompted investors to take profit in risk-off trade ahead of key central bank policy meetings. In early trade, MSCI’s broadest indexRead More →
© Reuters. FILE PHOTO: The German share price index DAX graph at the stock exchange in Frankfurt By Karin Strohecker LONDON (Reuters) – Global bond yields rose on Monday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy thisRead More →
By Hideyuki Sano TOKYO (Reuters) – Global bond yields flirted with record low levels while stocks struggled to recover on Thursday as economic turbulence from intensifying U.S-China frictions and the specter of a no-deal Brexit drove investors to safer harbors. MSCI’s broadest index of Asia-Pacific shares outside Japan was flatRead More →
© Reuters. Passersby are reflected on a stock quotation board outside a brokerage in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks rose in step with their global peers while safe-haven bonds retreated on Tuesday, as signs Sino-U.S. trade hostilities might be easing for now helped restore investor confidenceRead More →
U.S. Treasury yields rose Friday as traders wait for Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium in Wyoming, where he may give clues to the central bank’s next moves. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, +1.53% rose 2.5 basis points toRead More →
© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Stephen Culp NEW YORK (Reuters) – Wall Street seesawed from red to black and back on Thursday as recessionary fears and simmering U.S.-China trade tensions offset upbeat retail sales data. All threeRead More →
NEW YORK (Reuters) – The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from significant lows that raised fears about a recession. Based on the latest available data, the fell 22.45 points, or 0.09%, toRead More →
