Markets The rise in global yields continues unabatedly. Ongoing elevated oil/energy prices, markets anticipating tighter monetary policy and higher (fiscal) risk premia all are possible explanations for this trend move. Ongoing tensions in the Middle East pushed the oil price back to the $90/b area. While the move wasn’t that big as such, it supported […]
The post Sunrise Market Commentary appeared first on ActionForex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Not everyone has a sprawling living Read more…
Gold is trying to find its footing following the sell-off. The fate of XAUUSD depends on the dollar and Treasury yields. The US dollar ended August with its second consecutive close in the red. Despite Read more…
In what’s widely interpreted as an effort to bring long-term rates down, the US increased the maximum ceiling of Treasury buybacks. Yet the policy largely failed to suppress long-term yields and caused the dollar to Read more…