The People’s Bank of China has been leading the way on central bank digital currencies, or CBDCs, with real-world trials already live in several cities.
Archiv für den Monat: Juli 2021
Stocks making the biggest moves in the premarket: Levi, General Motors, American Airlines and more
These are the stocks posting the largest moves in premarket trading.
Earnings season begins in the week ahead with eye-popping growth set to validate market’s 2021 run
Strong earnings results might signal peak growth for corporate America but they could give the volatile market a temporary relief.
Australian Dollar Fundamental Forecast: AUD/USD Rebounds as Bond Yields Recover
The Australian Dollar faces a tough short-term outlook, with the risk-sensitive currency facing a questionable economic recovery as the Delta variant continues to rip through the world.
Bitcoin (BTC), Ethereum (ETH) Waiting For a Shot of Volatility, Elon Musk Backs Dogecoin, Again
The cryptocurrency market continues to crab sideways as bulls and bears battle for dominance. Both BTC and ETH need a volatility boost to break lethargic market conditions
British Pound Outlook Hinges on UK CPI, Employment Report
Fresh data prints coming out of the UK are likely to sway the near-term outlook for GBP/USD as BoE Governor Bailey insists that the “economy is bouncing back rapidly.”
ForexLive Americas FX news wrap: Canadian jobs tee up a BOC taper
Forex news for North American trade on July 9, 2021:
Markets:
For a holiday-shortened week at a time of year that can be absolutely dead, this one had plenty of twists and turns. Friday was no different as the week-long bid in the US dollar vanished in a broad set of retracements that erased so of this
Markets:
For a holiday-shortened week at a time of year that can be absolutely dead, this one had plenty of twists and turns. Friday was no different as the week-long bid in the US dollar vanished in a broad set of retracements that erased so of this
Equity close: Fresh record highs
Closing changes for the main North American markets
On the week:
On the week:
What’s on the US economic calendar next week
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:
Tuesday:
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:
Tuesday:
US 10-year yields grind to a fresh daily high and dollar continues slide
Not the usual correlation
This week’s theme has been lower yields and a higher dollar but it started unwinding yesterday and that has continued.
US 10-year yields are now up 7.2 bps to 1.36% today. That’s 11 bps above yesterday’s lows, which coincided with the 200-day moving average.
This week’s theme has been lower yields and a higher dollar but it started unwinding yesterday and that has continued.
US 10-year yields are now up 7.2 bps to 1.36% today. That’s 11 bps above yesterday’s lows, which coincided with the 200-day moving average.