The market has largely baked in a repeat of the large OPEC+ output cuts to be announced in each of the next two months. The …
The euro has edged above the highs from this week and last week to notch a fresh high dating back to October 2021. The nearly …
Goldman Sachs has raised its LME copper forecast for the second half of 2025 to an average of USD 9,890 per tonne, up from a …
High-yield 3.879% WI level at the time of the auction 3.874% Tail +0.5 basis points vs 6 month average of -0.5 basis points Bid to …
The major US indices have eroded their gains/most of their gains. The Dow industrial average and the S&P index is now in negative territory. The …
Yesterday the US Treasury auctioned off $69 billion of two-year notes with less than average demand. I gave the auction a grade of C-. Today, …