As the market shifts to a more risk-on outlook, the day is off to a good start. As European trading begins, futures in the United States are also up 0.5%. Stocks make up for Friday's losses: UK FTSE 100 up…
Continue ReadingChina's sour tones weighed on sentiment earlier, but the bleeding has halted now that local markets are closed. As the focus now shifts to European trading and attention returns to the Fed tomorrow, this may be helping to see the…
Continue ReadingIt was a slow-paced session, with broader markets remaining stable. In the last two days, equities have risen slightly, but Treasury yields have also risen. 10-year rates have risen somewhat but remain just below 1.30 % for the time being.…
Continue ReadingToday, Sunday, the Iranian authorities carried out the first operation to transport oil through a pipeline from Kore-Jask bypassing the Strait of Hormuz. The Jask oil terminal and pipeline project has been built near Jask port in Iran's southern Hormozgan…
Continue ReadingThe dollar is stronger, but most currencies are close together ahead of Powell's speech. The NZD is the strongest currency in the North American session, while the GBP is the weakest. With the exception of the New Zealand dollar, the…
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