Powell exits after one of the wildest Fed eras in history
Powell exits amid another bond market surgeJerome Powell is leaving the Fed chairmanship at a time when the bond mark ...
Gold tumbles lower today on the back of higher yields and the higher USD
The price of gold is breaking sharply to the downside today after volatile, back-and-forth trading for much of the we ...
Israel says it carried out targeted strike in Gaza against Hamas head.
Israel is reporting that they carried out a targeted strike in Gaza against the de facto Hamas head.Earlier today, Is ...
Baker Hughes total rig count rises by +3 to 551
The weekly Baker Hughes rig count data for the week shows total rigs increased 3 to 551. Compared to a year ago, that ...
European shares close lower on the day and lower on the week
European indices closed sharply lower with the declines of -1% – -2% on the day. Looking at the closing levels:German ...
EURUSD sellers are leaning aganst corrective resistance targets keeping sellers in control
The EURUSD is trading sharply lower after breaking below a major technical support cluster defined by the 200-day mov ...
Silver is sharply lower on higher USD/higher yields. Technically breaks the 100 day MA.
The price of silver is under intense pressure today, tumbling $6.55 or -7.84% to $76.90. The sharp decline marks the ...
Semiconductor slide and tech resilience mark today’s market
Semiconductor slide and tech resilience mark today’s market📉 Semiconductor Sector: A Wave of RedThe sem ...
Microsoft shares are higher as Pershings Ackman bets on the company
Shares of Microsoft are trading up nearly $10 or 2.43% at $419.37, bucking the bias in the market which has a second ...
China Foreign Minister:XI to visit the US in the Fall
China Foreign Minister Wang Yi, on ties with the U.S.: Teams on both sides are still working on details for outcomes ...
Major US indices open sharply lower led by the NASDAQ and the Russell 2000
The major US stock indices are opening lower: Dow industrial average after closing above 50,000 for the first time si ...
US industrial production for April 0.7% versus 0.3% estimate
Industrial production prior month -0.5% revised to -0.3% Capacity utilization prior month 75.7 Manufacturing producti ...