Bridget

Markets After a brief correction Wednesday, core yields again turned north yesterday. US yields added between 6.2 bps (5-y) and 3 bps (30-y). The Philly Fed business outlook printed much strong than expected (15.5 from 3.2).Weekly jobless claims (212k) confirmed the narrative of a resilient US labou

Indian shares look set to extend recent losses on Friday as positive U.S. economic data and hawkish comments from more Fed officials poured cold water on rate-cut hopes. Heightened geopolitical tensions may also weigh on markets after Israeli Prime Minister Benjamin Netanyahu said the country will m

Summary After increasing for the first time in nearly two years in February, the Leading Economic Index slipped back into the red and declined 0.3% in March. Despite the monthly decline, the index broke above the threshold that is historically consistent with recession. Monthly decline, but recessio

Gold price drops from daily highs as better global risk sentiment diminishes safe-haven demand. A dip in US Treasury yields places additional pressure on the US Dollar amidst hawkish Fed remarks. Easing Middle East tensions sway Gold market, forthcoming US sanctions on Iran could influence future pr

There’s no question, 2024 will go down in history as one of the most profitable years ever for Commodity traders – And this could just the beginning! This is now the fourth consecutive year that has seen a total of 47 commodities ranging from the Metals, Energies to Agriculture tallying up astronomi

EU mid-market update: Stocks drive lower; UK employment collapses with stubborn wages; Central banks concerned over US dollar strength. Notes/observations - Poor UK job figures saw higher unemployment and moderated wage growth. Hawks will call earnings sticky as they came in above estimates, but wit

European markets slump after tech-led US declines. UK unemployment on the rise ahead of tomorrow's inflation report. Powell and Bailey comments due later today. European markets have collapsed in early trade today, as they follow their US counterparts lower. Yesterday’s tech-led slump saw the Nasdaq