US Treasury Yields Hold Steady as Markets Brace for July Jobs Report
Markets

US Treasury Yields Hold Steady as Markets Brace for July Jobs Report

Yields on 2-, 10-, and 30-year Treasuries were little changed early Friday as traders awaited nonfarm payrolls data, exp...

Yael Ben-David 👁 46 💬 0
Gold Soars Past $4,300 as UBS Sees ‘Buy-on-Dips’ Case, BCA Flags More Records
Markets

Gold Soars Past $4,300 as UBS Sees ‘Buy-on-Dips’ Case, BCA Flags More Records

Gold surged 6% this week to break above $4,250, reversing a 30% correction from January’s peak. UBS says falling real yi...

Yael Ben-David 👁 57 💬 0
TSX, U.S. Indices Rally as Divergent Jobs Data Reshapes Rate Bets
Markets

TSX, U.S. Indices Rally as Divergent Jobs Data Reshapes Rate Bets

Canada added 75,000 jobs in July, smashing forecasts, while U.S. payrolls unexpectedly shrank, sending gold up US$100 an...

Yael Ben-David 👁 46 💬 0
Gold Breaks Out Above $4,300 as Hormuz Accord Tames Inflation Fears
Markets

Gold Breaks Out Above $4,300 as Hormuz Accord Tames Inflation Fears

Gold surged more than 4% to top $4,300 an ounce after an Iran-Oman deal over the Strait of Hormuz promised to unclog oil...

Yael Ben-David 👁 63 💬 0
Ibex 35 Record Streak Hinges on US Payrolls as Oil Climbs
Markets

Ibex 35 Record Streak Hinges on US Payrolls as Oil Climbs

Spain's benchmark index nears a pivotal moment as the US releases monthly employment figures; a surprise could snap its ...

Yael Ben-David 👁 43 💬 0
Fed's Cook Warns She's Prepared to Hike Rates if Inflation Stays High
Economy

Fed's Cook Warns She's Prepared to Hike Rates if Inflation Stays High

Federal Reserve Governor Lisa Cook said inflation at 3.7% is far above target and the balance of risks has shifted towar...

Niamh O'Sullivan 👁 58 💬 0
Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears
Markets

Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears

The MSCI All Country World Index and European benchmarks, including Spain’s IBEX 35 above 20,000, are setting records as...

Yael Ben-David 👁 58 💬 0
Musk sees AI deflation; the bond market sees inflation — and distrusts the Fed
Economy

Musk sees AI deflation; the bond market sees inflation — and distrusts the Fed

Elon Musk predicts AI-driven deflation will make money almost worthless; markets are instead pricing higher inflation an...

Niamh O'Sullivan 👁 45 💬 0
Gold Edges Higher as US Jobs Data, Fed Rate Path Take Centre Stage
Markets

Gold Edges Higher as US Jobs Data, Fed Rate Path Take Centre Stage

Gold ticked up to $4,062 as traders braced for US labor data that could sway the Fed's September decision, with Iran ten...

Yael Ben-David 👁 72 💬 0
Kevin Warsh's Fed Communications Pullback Draws Goldman Warning on Market Volatility
Markets

Kevin Warsh's Fed Communications Pullback Draws Goldman Warning on Market Volatility

The Fed chair is cutting back forward guidance. Wall Street and Goldman Sachs warn the information void could amplify ma...

Yael Ben-David 👁 57 💬 0
FTSE Held Back as AstraZeneca Slumps on $400bn Bristol Myers Talks
Markets

FTSE Held Back as AstraZeneca Slumps on $400bn Bristol Myers Talks

AstraZeneca's 6% slide and cheaper oil keep the FTSE behind Europe, as traders turn to US jobs reports ahead of the Fed'...

Yael Ben-David 👁 67 💬 0
Ken Lui Predicts Hong Kong Home Prices Fall 20% Over 18 Months as CCL Heads Below 130
Real Estate

Ken Lui Predicts Hong Kong Home Prices Fall 20% Over 18 Months as CCL Heads Below 130

Columnist Ken Lui sees the CCL falling below 150 in 2026 and 130 in 2027, a ~20% slide, as high US yields and weak rents...

Cormac Doyle 👁 72 💬 0
Trump Confirms US Joined Yen-Buying Intervention as 'Gesture of Friendship' for Japan
Economy

Trump Confirms US Joined Yen-Buying Intervention as 'Gesture of Friendship' for Japan

US President Donald Trump confirmed Washington helped buy yen in a rare coordinated intervention with Japan, after the c...

Niamh O'Sullivan 👁 63 💬 0
Trump Confirms US Joined Japan's Yen Rescue, Calling It a 'Sign of Friendship'
Markets

Trump Confirms US Joined Japan's Yen Rescue, Calling It a 'Sign of Friendship'

Donald Trump confirmed US participation in supporting the yen — reportedly the first coordinated US-Japan intervention i...

Yael Ben-David 👁 42 💬 0
CD Rates in August: Experts Expect Stability at 4% — and Why Locking In Early Pays
Personal Finance

CD Rates in August: Experts Expect Stability at 4% — and Why Locking In Early Pays

The best certificates of deposit still pay 4% or more, and analysts expect August to be a quiet month for rates — a stro...

Shira Katz 👁 41 💬 0
Mortgage rates in August: Pros see a flat, choppy range near 6.5%
Personal Finance

Mortgage rates in August: Pros see a flat, choppy range near 6.5%

Experts forecast 30-year fixed rates to hover between roughly 6.25% and 6.8% in August, caught between sticky inflation ...

Shira Katz 👁 39 💬 0
FOMC Calendar Update: Fed Publishes Meeting Schedule and Minutes Timeline
Economy

FOMC Calendar Update: Fed Publishes Meeting Schedule and Minutes Timeline

The Federal Reserve's FOMC has published its meeting calendar, confirming eight regular sessions a year, a three-week mi...

Niamh O'Sullivan 👁 57 💬 0
Bitcoin Flat at $64,000 as Rate Uncertainty and Middle East Jitters Weigh
Markets

Bitcoin Flat at $64,000 as Rate Uncertainty and Middle East Jitters Weigh

Bitcoin held near $64,000 on Friday, shrugging off a tech stock rally as investor caution over Fed path and geopolitical...

Yael Ben-David 👁 45 💬 0
Gold Heads for First Monthly Gain in Five Months Despite Friday Retreat
Markets

Gold Heads for First Monthly Gain in Five Months Despite Friday Retreat

Spot gold slipped 0.5% on Friday but is still up 1.8% in July, underpinned by consistent buying near the $4,000 mark eve...

Yael Ben-David 👁 45 💬 0
Yen Spikes 3.3% in One Hour, Triggering Suspicions of Coordinated Japan-US Intervention
Markets

Yen Spikes 3.3% in One Hour, Triggering Suspicions of Coordinated Japan-US Intervention

The yen surged as much as 3.3% against the dollar, its biggest drop in over a year, amid a flurry of intervention clues ...

Yael Ben-David 👁 65 💬 0
US Stocks Surge as Microsoft and Chips Lead Recovery from Post-Fed Sell-off
Markets

US Stocks Surge as Microsoft and Chips Lead Recovery from Post-Fed Sell-off

US equities rebounded on Thursday, with the Nasdaq up 2.5%, driven by a 15% jump in Microsoft shares and a semiconductor...

Yael Ben-David 👁 56 💬 0
Dollar Slides as US Inflation Cools and GDP Misses; Yen Surges on Intervention Bets
Markets

Dollar Slides as US Inflation Cools and GDP Misses; Yen Surges on Intervention Bets

The dollar fell broadly after weaker-than-expected US economic data pushed back rate hike expectations. The yen jumped 2...

Yael Ben-David 👁 41 💬 0
Japanese Yen Surges 3% in Possible Intervention to Halt Slide Against Dollar
Markets

Japanese Yen Surges 3% in Possible Intervention to Halt Slide Against Dollar

The yen rallied after hitting a 40-year low, with traders suspecting Japan stepped in to support its currency amid risin...

Yael Ben-David 👁 52 💬 0
Dollar Falls Against Real as Fed Hold and US-Iran Tensions Steer Markets
Economy

Dollar Falls Against Real as Fed Hold and US-Iran Tensions Steer Markets

The US dollar dipped versus the Brazilian real on Thursday as investors digested in-line Fed policy and Trump’s threat t...

Niamh O'Sullivan 👁 41 💬 0
Gold Slides as Treasury Yields Rise, Traders Weigh Fed Messaging After Rate Pause
Markets

Gold Slides as Treasury Yields Rise, Traders Weigh Fed Messaging After Rate Pause

Spot gold dropped 0.4% to $4,048 as rising U.S. bond yields increased the opportunity cost of holding the metal; investo...

Yael Ben-David 👁 59 💬 0
Fed Dissent and Middle East Escalation Spark Global Market Sell-Off
Markets

Fed Dissent and Middle East Escalation Spark Global Market Sell-Off

The Federal Reserve's divided vote and US military strikes against Iran sent shockwaves through financial markets, drivi...

Yael Ben-David 👁 70 💬 0
Asian Stocks Mixed, Bonds Slide as Divided Fed Fuels Rate Uncertainty
Markets

Asian Stocks Mixed, Bonds Slide as Divided Fed Fuels Rate Uncertainty

Asian markets swung between gains and losses while Treasury yields hit multi-decade highs after the Federal Reserve held...

Yael Ben-David 👁 47 💬 0
Dow Sinks 1,153 Points as Oil Surge and AI Rout Batter Markets
Markets

Dow Sinks 1,153 Points as Oil Surge and AI Rout Batter Markets

The Dow plunged over 1,150 points Wednesday as a renewed oil spike from Iran fighting and a deepening AI stock sell-off ...

Yael Ben-David 👁 62 💬 0
Fed Holds Rates, But Three Dissenters Call for a Hike as Inflation Worries Persist
Economy

Fed Holds Rates, But Three Dissenters Call for a Hike as Inflation Worries Persist

The Federal Reserve left its key rate at 3.50–3.75%, but an unusual trio of FOMC members voted for a quarter-point incre...

Niamh O'Sullivan 👁 47 💬 0
Dow Plunges 1,100 Points as Bond Yields Surge and Oil Spikes Amid Inflation Fears
Markets

Dow Plunges 1,100 Points as Bond Yields Surge and Oil Spikes Amid Inflation Fears

US stocks fell sharply after the Fed held rates steady despite three dissenters, while a jump in oil prices above $90 an...

Yael Ben-David 👁 49 💬 0