Category Finance

Post Content

High yield: 3.52%WI level at the time of the auction: 3.520%Tail: 0.0% vs 6 month average of -0.3 basis pointsBid to cover: 2.59X vs 6 month average at 2.66XDirects (domestic demand): 19.6% vs 6 month average of 19.9%Indirects (international demand): 67.8% vs 6 month average of 66.8%Dealers 12.8%…

For what it is worth (which when talking about 2050, I find it worth little): OPEC extends oil demand outlook to 2050 and says there is no peak demand on the horizon. OPEC raises oil demand forecasts for medium term to 2028 and long term to 2045 –…

That’s a pretty big comment from Trump. It would go directly against the new NAFTA deal — or USMCA — that he negotiated. In that deal, 75% of the value of a vehicle must come from North America, a certain percentage of employees need to earn at least…

More from BOC Macklem: We would like to see growth pickup above the 2%If there is further adjustment in the labor market it would probably be more unemployment The USDCAD has not gotten any boost from comments from BOC Macklem. The price in fact is trading to new…

While Silicon Valley Bank and Signature Bank’s failures may seem like old news, concerns about deeper problems in the banking sector that could harm the overall economy and S&P 500 are still alive. Despite the growth in the sector’s stocks following last week’s Federal Reserve decision, experts warn…

The NASDAQ index is now trading up 107 points or 0.60% at 18082. The rise takes the price within 3.25% of it’s all time high reached at 18671.07. Both the Dow and the S&P are higher as well and on pace for another record high close. This article…

That is tight. An average of polls published by fivethirtyeight.com shows Harris at 48.3% vs Trump 45.6% FYI: This article was written by Greg Michalowski at www.forexlive.com.

Earlier today, I discussed the latest market moves and economic trends with Dale Pintert at Forex Analytix. We dive into today’s China’s stimulus, its impact on commodities, and what it means for global marketsI share my thoughts on the “soft landing” narrative and why it’s currently driving marketsWe…

The AUDUSD is moving higher today. The RBA kept rates unchanged: The Reserve Bank of Australia (RBA) was the latest central bank to announce its policy objective when it left its cash rate unchanged at 4.35% in September 2024, as expected. The central bank noted that current policy…