Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
0725 GMT - Eurozone and U.S. Treasury yields fall as some investors find yield levels near multidecade highs attractive enough to tempt them to buy the bonds again. Investors in Europe focus on French government bonds, or OATs, where yields have jumped recently amid the budget debate and ahead of ne…
By Joe StonorU.S. stock futures extended gains and oil prices fell back below $100 a barrel in early European trade, as investors brushed off stubbornly elevated Treasury yields to push equities higher.Futures for the Dow Jones Industrial Average and the S&P 500 added 0.3% and 0.1%, respectively. Na…
WASHINGTON (dpa-AFX) - Amidst renewed geopolitical tensions in the Middle East and a surge in crude oil prices, bond yields and the U.S. dollar that followed, cryptocurrencies have slipped into negative territory. Overall cryptocurrency market capitalization has declined 1.4 percent overnight to $2.…
1041 GMT - The dollar is unlikely to maintain its recent strong momentum unless Friday's U.S. nonfarm payrolls report is much better than expected, ING's Francesco Pesole says in a note. "While it might be too early for a break lower in oil prices, news of the U.S. and Iran working on a deal regardi…
CANBERA (dpa-AFX) - A fresh flare-up in geopolitical tensions in the Middle East and renewed concerns about the safety of artificial intelligence models weighed on global markets at the onset of the new week. Crude oil price benchmarks have jumped more than three percent amidst fresh uncertainty sur…
0652 GMT - Eurozone government bond yields fall in opening trade as U.S. Treasury yields stabilize after a light selloff in Asia and as oil prices move slightly lower. There is no government bond supply in the eurozone on Friday, but France and Spain will announce details for their auctions next wee…
0707 GMT - Gold prices are headed for a weekly loss as a stronger dollar and growing expectations that the Federal Reserve will raise interest rates again next month weigh on the precious metal. In early European trading, New York futures rise 0.3% to $4,311 a troy ounce but are down 2% on the week.…
By Joe StonorThe selloff in global government bonds took a breather and U.S. stock futures nudged higher in early European trading, as market sentiment steadied at the end of a turbulent week.Concern around high energy prices and increasing conviction the Federal Reserve will deliver multiple rate h…
2033 ET - Japanese stocks are higher on their first day of trading this week. Chip-related stocks are leading gains following public holidays in Japan from Monday through Wednesday. Ibiden is up 14%, SoftBank Group is up 7.0%, and Kioxia Holdings is 3.7% higher. The dollar is at 158.21 yen, compared…
1435 ET - The big question now is whether the Fed rate hike is one and done or the beginning of another tightening cycle, according to TruStage's Steve Rick. "The Fed should give this increase time to work before determining how much additional restraint is necessary," Rick says. He thinks higher oi…
1436 ET - The Fed hike, despite being expected, could help stabilize bond markets, Resonate Wealth's Alex Guiliano says in a note. The move "marks a clear pivot for the Federal Reserve from talking tough on inflation to specific action." Guiliano adds that "while we would not be surprised to see one…
By Chibuike OguhGlobal stocks edged higher on Wednesday, pulling back from two straight sessions of losses, as investors positioned for a closely watched U.S. Federal Reserve interest-rate decision later in the day.Equities had come under pressure over the past two sessions as rising government bond…