Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
The US Treasury used its full $6 billion limit in Thursday’s bond buyback, retiring older long-term debt early. The move came as the 10-year Treasury yield touched 5.342%, its highest since April 2002.A yield is the return investors demand to lend to the government. When it climbs, mortgages, busine…
1112 ET - Bitcoin ETFs recorded their first net outflow day since mid-September, entering a month that typically is strong for both ETF flows and retail investor demand. "Bitcoin's median October return has historically been around 11%-14%," says Lacie Zhang of Bitget Wallet in a note. "October has …
1407 ET - Litecoin remains up over 21%, at nearly $74. Reasons behind the uptick, the largest among major cryptocurrencies, are unclear. "I don't see one clear fundamental catalyst that fully explains the move," says Lacie Zhang of Bitget Wallet. "It looks more like a combination of unusually strong…
Bitcoin (BTC) had a volatile Thursday during US hours as the yield on the 10-year US Treasury note climbed to its highest level in nearly two decades. After briefly falling below $83,000, BTC struggled to reclaim $84,500. Ondo Finance (ONDO), meanwhile, was among the top-performing altcoins.Key poin…
While most risk assets were getting punished by surging Treasury yields, ONDO decided to go the other direction entirely. The token rallied roughly 18-22% within 24 hours of Ondo Finance unveiling its new product line, a set of onchain portfolio tokens built on model strategies supplied by BlackRock…
By Joe StonorTreasury yields extended multiyear highs and global stocks slid Thursday, as increased expectations of tighter central bank policy and a fresh run-up in oil prices reverberated through markets.Government bonds across the world sold off sharply after U.S. PMI data on Wednesday showed the…
1134 ET — Gulf non-oil activity is recovering toward prewar levels as businesses adapt their supply chains to regional disruption, S&P Global Market Intelligence says. Aggregate activity across the G.C.C. economies covered by its PMI surveys expanded in August at a pace only just below February's pr…
1231 ET - The PMI data signals downstream price pressures remain intense, but it shows a more mixed picture of pass-through to consumers, according to Pantheon Macroeconomics. "The composite PMI input prices index jumped to a 46-month high of 66.1, from 58.9, reflecting the renewed upward climb in e…
0721 GMT - Yields on U.K. government bonds, or gilts, drop as oil prices retreat, easing concerns about inflation. Brent crude falls 0.8% to $98.45 a barrel due to prospects of a U.S.-Iran deal after Kyodo News on Tuesday reported that Iran said it would reopen the Strait of Hormuz within seven days…
By Joe StonorU.S. stock futures and Treasury yields were largely unmoved in early European trade while oil prices edged higher as investors weighed potential diplomatic progress in the Middle East.Brent crude contracts rose by 0.5% but held just below $100 a barrel, while West Texas Intermediate con…
By Joe StonorU.S. stock futures edged higher as oil prices fell, though Treasury yields largely rose as investors brace for more rate hikes to come.Momentum held behind artificial-intelligence stocks, with chip makers in Asia gaining and AI supply-chain names rallying in Europe. Semiconductor stocks…
CANBERA (dpa-AFX) - Global market sentiment remains weak on Friday despite a decline in global crude oil prices. Markets also digested the hike by Bank of Japan that lifted rates to a 31-year high.The CME FedWatch tool shows the likelihood of a quarter percentage rate hike by the Fed in the October…