Month: July 2021

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10-year Treasury yields sink below 1.30% Invest in yourself. See our forex education hub. The bond market continues to flash a warning sign to the rest of the market as we now see 10-year yields sink below 1.30% to its lowest since February. The retreat since the FOMC meeting in June has been rather swift
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NEW YORK: Oil prices rose for a second day on Friday as the market reacted to falling US inventories, and signs of strong Asian demand from both China and India added support. Brent crude oil futures were up $1.43, 1.93%, at $75.55. US West Texas Intermediate futures were up $1.62, or 2.2%, at $74.56. “The
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Commenting on the inflation outlook, the European Central Bank (ECB) executive board member Isabel Schnabel said Saturday that she is very confident that Eurozone will not experience ‘excessively high inflation.” Key quotes “Our medium-term inflation projection is subdued: only 1.4% in 2023. Though that is surrounded by uncertainty, I am sure that we will not experience excessively
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Despite ongoing vaccination efforts and pandemic aid, the world’s economy looks remarkably different than it did over a year ago. The new financial landscape and continued uncertainty have accelerated the shift away from traditional financial institutions. As the economy attempts to roar into high gear from a standing start, the world of cryptocurrency has taken
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Events to watch out for It’s a slow start to the week but there is some top-tier data on inflation and the consumer and both will be market movers. Monday: US 10-year note sale Kashkari comments Tuesday: US CPI US 30-year bond sale Wednesday: Powell: Day 1 of Humphrey Hawkins Beige Book Kaskari PPI Thursday:
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