-
Strikes (Missiles & Dockworkers) Spark Surge In Oil, Gold, & Bonds; Big-Tech & Bitcoin Battered
Today's mixed macro picture (construction spending down, National Manufacturing surveys and Dallas Fed in contraction offset by surge in JOLTS) was overwhelmed by Strikes (from Iranian missiles and American longshoremen). The widespread union strike deadline passed and bond markets shifted lower in yield on that news overnight. Then as Iranian missiles rained down on Israel, investors poured into safe-havens (bonds, gold) and dumped stocks as oil prices re-discovered geopolitical risk premium. chart Treasury yields were all bid today, but are mixed on the week with the short-end significantly underperforming... ... (full story)
- Comments
- Subscribe
-
- Older Stories
From argusmedia.com|Oct 1, 2024Mexico's new president, Claudia Sheinbaum, will present a plan to attract new investments in the electricity sector and an "ambitious" energy transition strategy. Sheinbaum, ...
From oilprice.com|Oct 1, 2024Crude oil inventories in the United States fell by 1.5 million barrels for the week ending September 27, according to The American Petroleum Institute (API). Analysts had expected ...
From think.ing.com|Oct 1, 2024Middle East escalation acted to push bond yields lower. But also in the mix is the ongoing reassessment of the ECB amid a gloomier outlook for the eurozone – the pricing of a ...
-
- Newer Stories
From barchart.com|Oct 1, 2024The Nov WTI trading session settled at 69.83(+1.66) [+2.44%], had a high of 71.94, a low of 66.33. Cash price is at 68.14(+0.01), while open interest for CLX24 is at 318,997. CLX ...
From energy.gov|Oct 1, 2024The Administration is taking action to monitor and address potential impacts on consumers of labor disputes at East Coast and Gulf Coast ports. The strike at these ports will not ...
From forex24.pro|Oct 1, 2024Brent oil quotes continue to move within the development of growth and a bearish channel. At the time of publication of the forecast, the price of Brent crude oil is 74.41 dollars ...
- Story Stats
- Posted: Oct 1, 2024 8:06pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,715
