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Weak U.S. data and concerns over U.S. fiscal health persist, and could pressure the dollar, Kenanga IB said.
Gold price is back in the red early Friday, giving up a part of the previous rebound from weekly lows near $3,245. The fate of Gold price now hinges on the US core Personal Consumption Expenditure ...
US PCE inflation came in as expected, albeit with upside revisions to previous data.
The chief risk Hartnett identifies at this moment is that U.S. policymakers try to inflate the bubble further by lowering tariffs, rates and taxes simultaneously in a "doomed" attempt to stabilize ...
There's a looming crunch for U.S. assets that are dependent on foreign investors - who may wait until next year to act, a strategist says. Standard Chartered Bank's Steve Englander, head of global G10 ...
The Pound Sterling (GBP) set out on a corrective downside against the US Dollar (USD) after the GBP/USD pair hit the highest ...
The Dow Jones gained around 750 points from last Friday’s close, forming a technical rejection of the 200-day Exponential Moving Average (EMA) and reclaiming the 42,250 level for the third time this ...
The Treasury market has not been offering support either. Paulsen notes that when the bull run began, the 10-year yield was about 4.25% and has remained within a range of 3.5% to 4.75%. "Consequently, ...
On that note, our call of the day from Peter Orszag, President Barack Obama's former budget director, warned of "alarmingly elevated" U.S. fiscal risks, in an op-ed for The New York Times.
That's a sore point for Deutsche Bank, where strategist Henry Allen points out the 10-year Treasury yield at around 4.5% is at a level seen before the global financial crisis "even though U.S. public ...
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