Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
1006 ET - U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell sligh…
2015 ET - Japan's Nikkei Stock Average is down 0.2% at 63359.03 as losses in chip-related stocks help offset gains in energy companies and trading houses. SoftBank Group is down 4.2% and Kioxia Holdings is 3.9% lower while Eneos Holdings is up 3.8% and Mitsui & Co. is 3.0% higher. Broader market ind…
The Bank of Japan (BOJ) meets Thursday and Friday and is widely expected to raise its policy rate to 1.25%, the highest level since April 1995. Japan’s short-term bond yields have already gone vertical ahead of the decision.Japanese government bonds, the yen, and Tokyo stocks are all repricing hard.…
CANBERA (dpa-AFX) - Sentiment in global markets remains impacted by the elevated prices of Brent crude oil as well as the WTI benchmark. The anticipated uptick in producer price inflation in the U.S also weighed on global market sentiment.The CME FedWatch tool that tracks the expectations of interes…
By Joe StonorNasdaq futures slid and Treasury yields rose to a spate of new multi-year highs in afternoon European trade as investors take positions ahead of crucial U.S. inflation prints Thursday and Friday.Brent crude oil hovered around $102 a barrel as hostilities between the U.S. and Iran contin…
1554 ET - The 10-year yield approached 4.85%, its highest level since 2023, after the Treasury announced it was buying back up to $6 billion in longer-term debt. "Some investors had bet on a much bigger shock-and-awe announcement of $10bn or even more," says Evercore ISI's Krishna Guha in a note. He…
By Joe StonorU.S. stock futures fell and Treasury yields ticked higher in early afternoon European trading after Brent crude oil topped $100 a barrel for the first time since July.American forces destroyed five Iranian oil tankers in response to attacks by Iran on U.S. warships, U.S. Central Comman…
1003 ET - When inflation runs hotter and the job market is tight--meaning there are more jobs than available workers--employees usually want higher wages to compensate for high living costs. It's one of the reasons the Fed makes sure inflation expectations remain well anchored. In Friday's jobs repo…
Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing.The figures keep Tether at the center of the stablecoin market’s profitability and reserve debate. USDT remains the largest dollar stabl…
By Joe StonorOil hovered around $95 a barrel as the U.S. and Iran exchanged fresh strikes, putting further pressure on bond yields as a rout in sovereign debt extended in early European trade.Brent crude extended its gains following the latest round of fighting in the Middle East before President Tr…
US spot Bitcoin ETFs pulled in about $217 million on Monday, resuming inflows after roughly $202 million left the funds on Friday, according to SoSoValue. That outflow ended a nine-day buying run stretching back to August 19 — matching the longest inflow streak of the year.Ether ETFs never broke str…
Japan's 10-year JGB yield crossed 3% — its highest since 1996 — compressing the carry trade spread that funds US stock and Treasury positions and raising the same yen unwind risk that crashed Bitcoin from $65,000 to $50,000 in a week in 2024. Oil extended above $92 as the US struck Iran again. Bitco…