WTI/RBOB prices sank for the second day ahead of tonight’s API as anxiety over a “slack demand period” builds and US production surges. While expectations were for a modest crude build, inventories jump over 3mm bbl – ending the 10-week draw-streak
January 30, 2018
It used to be a big deal, the kind of move that would itself move markets all over the world. Very quietly, JPY has been trading higher over recent weeks and has reached a level of appreciation we haven’t seen
As one would expect, the March natural gas contract took over as the prompt month contract and instantly saw quite a bit of volatility, spiking overnight on cold weather models before reversing this afternoon on some warmer European model runs.
Top tickers for end of the day, January 30: AAPL, BAC, S, AABA, INTC, AMD and PFE.
Florida-based investment management firm Polen Capital is bullish on Nike Inc (NYSE:NKE). Polen Capital said that Nike rebounded in the fourth quarter, gaining more than 20% after a tough couple of years. Although things are still looking tough for the sportswear maker in the United
Lately, we’ve been highlighting a number of crazy streaks involving the steadiness of equities in the last several months, but have you seen a chart of the two-year yield lately? While the yield had its share of ups and downs
With the release of yesterday morning’s report on December Personal Incomes and Outlays, we can now take a closer look at “Real” Disposable Personal Income Per Capita. At two decimal places, the nominal 0.27% month-over-month change in disposable income was trimmed
Forex Seasonality For February The AUDUSD has risen in 14 of the last 20 years (70%), moving up by an average of 0.5% in February. The Australian Dollar ETF (FXA) has rallied in 11 of the last 12 years (92%), gaining 1.3%
While all eyes are on the 10Y, it’s the 30Y bond that is bloodbath-ing today with its yield snapping above October’s highs, breaking towards 3% for the first time since May 2017… Notably, 30Y at 3% was DoubleLine’s Jeff Gundlach’s Second
The cryptocurrency selloff continued along with strong pullbacks in equities and bonds. The VIX is on the rise. The top 20 cryptocurrencies are all in the red as of 1:50 Central. Only ten of the top 200 cryptocurrencies ar in the green.
