The real risk with the SpaceX IPO isn’t on Day 1, it’s after Q2 earnings
The SpaceX IPO is on Friday with the company raising $75 billion in the IPO which would value the company at US$1.75 ...
US stock markets fall to session lows the bounces. Trump touts tanker escorts
The dip buyers are getting beaten up today.The market briefly rose into positive territory shortly after the open but ...
Bessent: US disrupts procurement networks that support Iran
Treasury Sec Bessent:US has disrupted procurement networks that support Iran.Frozen the Iranians regimes assetssevere ...
U.S. Treasury auctions off $39 billion of 10 year notes at a high yield of 4.538%
High yield 4.538%.WI level at the time of the auction 4.539%.Tail -0.1 basis points versus six auction average of 0.6 ...
The US treasury to auction 10 year notes. Why is it so important?
The US treasury will auction off $39 billion of 10 year notes at the top of the hour. The current 10 year yield is at ...
The European indices close mostly lower today
Looking at the closing levels for the European indices, the UK FTSE 100 is the only bright light with a gain of 0.27% ...
Silver is back below its 200 day MA setting the MA as a new risk/bias defining level
When the price of any traded asset breaks below a key technical level, it typically shifts the bias in the direction ...
Trump: We will be attacking Iran “very hard”
Trump cites the downed helicopter.We want a deal that’s meaningful and worksWe’re going to hit them again ...
Hegseth: Iran would be unwise to challenge the US further
Trump earlier talked about the US hitting back and I’d say that’s likely but a bit less on this. This is ...
Gold is down over 3% and looks to test the March low
Gold extended its decline today after breaking below its 200-day moving average yesterday, a key technical developmen ...
BOC’s Macklem: Not a lot has changed since last decision, there haven’t been big surprises
Any Bank of Canada decision on a possible rate hike is less about a timeline and more about conditionsMacklem notes t ...
The major indices are lower but well off premarket low levels
The major U.S. stock indices are trading lower on the day, but all have recovered from their post-CPI lows after the ...