The stocks making the biggest moves in premarket trading include
Anthony Scaramucci says he accepts bitcoin’s volatility, sees upside as it challenges gold
Bitcoin is still a „very good performer“ so far in 2021 despite its recent tumble, says Skybridge Capital’s Anthony Scaramucci.
Stitch Fix shares soar as sales top estimates, styling service raises full-year outlook
Stitch Fix’s sales topped analysts‘ estimates, driven by consumers refreshing their wardrobes and looking for styles in new sizes.
ForexLive European FX news wrap: FX quiet, yields slump
Forex news from the European trading session – 9 June 2021
Headlines:
– CAD leads, USD lags on the day
– European equities lower; S&P 500 futures up 0.1%
Headlines:
– CAD leads, USD lags on the day
– European equities lower; S&P 500 futures up 0.1%
US 10-year yields fall to one-month low below 1.50%
10-year Treasury yields down to 1.495%, its lowest since 7 May
We’re not seeing any wider reverberations yet as bond buyers are dipping their toes in the water with yields falling just under 1.50%. But as mentioned earlier, keep an eye on things here in case we start to see some spillovers i.e. softer dollar, stronger
We’re not seeing any wider reverberations yet as bond buyers are dipping their toes in the water with yields falling just under 1.50%. But as mentioned earlier, keep an eye on things here in case we start to see some spillovers i.e. softer dollar, stronger
US MBA mortgage applications w.e. 4 June -3.1% vs -4.0% prior
Latest data from the Mortgage Bankers Association for the week ending 4 June 2021
Dollar mildly softer as major currencies keep quieter so far on the day
The dollar is a touch lower but the ranges for the day are still very narrow
EUR/USD is inching a little towards 1.2000 while GBP/USD is holding around 1.4170 levels after BOE Haldane’s remarks earlier in the day .
EUR/USD is inching a little towards 1.2000 while GBP/USD is holding around 1.4170 levels after BOE Haldane’s remarks earlier in the day .
ECB reportedly to hold 3-day retreat to discuss strategy review
Reuters reports, citing sources familiar with the situation
The gathering here will be the first physical meeting between ECB policymakers sine before the pandemic and looks to be one to try and resolve key issues with the central bank’s strategy review – which started last year and was suspended for most of 2020.
The gathering here will be the first physical meeting between ECB policymakers sine before the pandemic and looks to be one to try and resolve key issues with the central bank’s strategy review – which started last year and was suspended for most of 2020.