Strong demand was seen in a $55 billion auction of five-year bonds, which came after a lacklustre $54 billion sale of two-year notes. The benchmark 10-year yield fell to around 4.4%. Following a run that drove the market towards one of the worst meltdowns in the previous century and had the S&P 500 close to … Read more
Although the major indexes were on course to record their best month in more than a year, stocks ended the week down as optimistic Wall Street maintained hopes for a rally. Approximately 50 points, or 0.2%, were lost by the Dow Jones Industrial Average (^DJI), while the benchmark S&P 500 (\GSPC) also had a 0.2% … Read more
The primary barrier for bulls in the stock market hoping to build on the recent advance in the next week will be the Federal Reserve’s favoured inflation indicator. The Personal Consumption Expenditures (PCE) index for October will be released on Thursday morning. Economists anticipate that “core” PCE inflation, the Fed’s preferred measure, increased by 3.5% … Read more
Water contamination has increased as a result of rapid development and population expansion. Among the problems the globe is currently experiencing are inadequate methods for treating wastewater and water, as well as the lack of safe drinking water. In order to address these problems, major businesses are stepping up their R&D efforts to develop cutting-edge … Read more
In anticipation of two JGB auctions later this week and another U.S. inflation report later in the week, Japanese government bond (JGB) rates increased on Monday, matching increases in Treasury yields. After the markets were closed for Thanksgiving the day before, U.S. Treasury rates increased slightly on Friday during a half-session. Investor confidence that the … Read more
Premarket trading on Monday saw gains in the U.S.-listed shares of Argentine equities, which were expected to continue their strong week-long surge prompted by Argentine President-elect Javier Milei’s trips to New York and Washington. Before the bell, state oil giant YPF’s shares increased 3.6% in U.S. trade after surging roughly 56.9% the previous week. While … Read more
As traders watched new economic data in the next week to predict the future course of policy rates, the U.S. dollar started the last week of November weaker than it had been all year and was headed for its worst monthly decline in a year. This week’s schedule includes an OPEC+ meeting that has been … Read more
In anticipation of two JGB auctions later this week and another U.S. inflation report later in the week, Japanese government bond (JGB) rates increased on Monday, matching increases in Treasury yields. After the markets were closed for Thanksgiving the day before, U.S. Treasury rates increased slightly on Friday during a half-session. Investor confidence that the … Read more
China stocks led losses after statistics revealed that the industrial businesses’ earnings increased more slowly than expected, implying that the country’s economic recovery is still questionable. Monday’s morning session saw a 1.2% decrease in the CSI 300 Index and a 1.4% decline in the Hang Seng China Enterprises Index. Japan and Australia also saw a … Read more
