Markets And another sell-off in core bonds yesterday. US Treasuries underperformed, especially at the long end. Yields shot up between 0.3 (2-y) and 11.6 (30-y) bps. It’s an extension of what has been happening all week, with the US Treasury ramping up supply and a strong ADP job report on Wednesday serving as the latest […]
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Germany’s Ifo Business Climate Index declined to 85.7 in November, down from 86.5 in October, reflecting growing pessimism across key sectors of Europe’s largest economy. Current Assessment Index dropped from 85.7 to 84.3, indicating weaker Read more…
Gold price started a fresh increase above the $2,600 resistance level. WTI Crude oil prices climbed higher above $70.00 and might extend gains. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold Read more…
Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and EMU. The glimmers of hope some optimists saw in the October EMU PMI reading where brutally rejected by Read more…