Most HSA owners don’t invest their savings. That could short-change them over the long term.
Archiv für den Monat: Oktober 2021
Fed’s Barkin backs tapering plans and expresses concern about inflation
Richmond Fed President Thomas Barkin said he’s on board with reducing the amount of economic help the central bank is providing.
Michael Burry of ‘The Big Short’ asked about shorting crypto days before bitcoin hit $60,000
„The Big Short“ investor Michael Burry inquired about ways to bet against bitcoin just before the world’s largest cryptocurrency hit a six-month high.
Bitcoin (BTC/USD) Surges Back to Multi-Month Highs on Renewed ETF Chatter
Bitcoin broke above $60k earlier in the session to a fresh multi-month high on the renewed expectation that the SEC will approve a futures-based Bitcoin ETF very soon.
Australian Dollar Outlook: AUD/USD Back on the Offensive as Covid Restrictions Ease
The Australian Dollar is seemingly back on the offensive as lockdowns ease in Sydney and Melbourne. Improving sentiment may allow AUD/USD to capitalize on rising equities and commodity prices.
GBP/USD Rate Rally Susceptible to Slowdown in UK CPI
The update to the UK Consumer Price Index (CPI) may undermine the recent rally in GBP/USD as the report is anticipated to show a slowdown in the core rate of inflation.
ForexLive Americas FX news wrap: Never underestimate the US consumer
Forex news for North American trade on October 15, 2021:
Markets:
The US retail sales report was a strong surprise but the market reaction was minimal. Later, flows appeared into the London fix with a distinct element of USD selling. That knocked USD/JPY down to 114.00 from 114.42 and hit the dollar elsewhere as well. It later
Markets:
The US retail sales report was a strong surprise but the market reaction was minimal. Later, flows appeared into the London fix with a distinct element of USD selling. That knocked USD/JPY down to 114.00 from 114.42 and hit the dollar elsewhere as well. It later
US stocks close higher. S&P and NASDAQ close higher for the third consecutive day
Dow has a two day win streak two end the week
A look at the final numbers shows:
For the week,
A look at the final numbers shows:
For the week,
US stocks finish a strong week with a flourish
Closing changes for the main US equity markets:
On the week:
On the week:
US 2-year yields rise above 0.40% for the first time since the pandemic
Bonds continue to price in hikes
The bond market is having a rethink on inflation and interest rates today. US 2-year yields are up 4.5 basis points today to 0.40%. It’s the highest since the start of the pandemic as the front end of the curve looks to make a move.
The bond market is having a rethink on inflation and interest rates today. US 2-year yields are up 4.5 basis points today to 0.40%. It’s the highest since the start of the pandemic as the front end of the curve looks to make a move.