Aside from the rising uncertainty in China over Evergrande default risks, two central bank decisions will dominate the market theme next week.
Archiv für den Monat: September 2021
ForexLive Americas FX news wrap: US dollar stays strong into the weekend
Forex news for North America trading on Sept 17, 2021:
Markets:
– Gold down $1 to $1752
– US 10-year yields up 4.3 bps to 1.376%
– WTI crude oil down 59-cents to $72.01
Markets:
– Gold down $1 to $1752
– US 10-year yields up 4.3 bps to 1.376%
– WTI crude oil down 59-cents to $72.01
Major indices close lower for the day and lower for the week
Both the NASDAQ index and S&P index declined by -0.91% in trading today
The final numbers are showing:
For the week,
The final numbers are showing:
For the week,
10 year yield test the swing highs from August and September, but stalls the
Yield up from 1.344% a week ago
Looking at the week, the yield move down on Monday and Tuesday bottoming near the September low around 1.267% (the low yield reach 1.263%). The last three trading days has seen a move to the upside on each successive day. Today the high yield reached 1.385%. That equaled the
Looking at the week, the yield move down on Monday and Tuesday bottoming near the September low around 1.267% (the low yield reach 1.263%). The last three trading days has seen a move to the upside on each successive day. Today the high yield reached 1.385%. That equaled the
FDA votes 16-3 against approving covid booster shot
Not a great look
There’s been a brewing controversy around covid booster shots, which the President touted last month. Biden said they would start rolling out next week.
There’s been a brewing controversy around covid booster shots, which the President touted last month. Biden said they would start rolling out next week.
Natural gas comes off the boil, at least in the US
Natural gas prices down 5% today
The one-way trade in natural gas markets has finally stopped, at least in the US.
Natty is down 5% today and now up just 2.6% on the week. If you scroll out though, it’s been a one-way trade since April and a remarkable bull run.
The one-way trade in natural gas markets has finally stopped, at least in the US.
Natty is down 5% today and now up just 2.6% on the week. If you scroll out though, it’s been a one-way trade since April and a remarkable bull run.