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, …
The GBPUSD has pushed back above the key swing area between 1.36158 and 1.36330, reclaiming bullish momentum after yesterday’s failed breakout to a new 2025 …
Two UK energy giants are in talks to merge. The larger Shell is in ‘early stage talks’ to acquire BP in what would be one …
The USDJPY has dipped back below both the 100-hour moving average (145.76) and the 38.2% retracement of the recent move up, tilting the short-term bias …
On the day: German DAX fell 0.6% France’s CAC fell 0.7% UK’s FTSE 100 fell 0.4% Spain’s Ibex fell 1.5% Italy’s FTSE MIB fell 0.4% …
The EURUSD extended its recent uptrend yesterday, briefly pushing to the highest level since October 2021, but the move stalled just above 1.16297, the June …