The biotech industry has seen a turnaround in the second half of 2018 after a slightly slower first half. In the recent past, the sector witnessed some encouraging news in the form of positive data read-outs on key pipeline drugs
September 11, 2018
Amid east coast disruptions and Iran-related headlines, WTI spiked above $69 ahead of tonight’s inventory data, before extending gains when API reported a much bigger than expected crude draw (-8.4mm vs -1.75mm exp). API Crude -8.636mm (-1.75mm exp) – biggest draw since July
Tim Duy, an economist at University of Oregon and contributor to Bloomberg View has an ominous prediction. The Fed won’t change, just like a leopard won’t change its spots, and will likely establish the same policies that it has in the past
Note: This commentary has been updated with the latest numbers from last week’s Employment Report. Our earlier update on demographic trends in employment included a chart illustrating the growth (or shrinkage) in six age cohorts since the turn of the century. In this
It did look as though we may have seen a better day for core Chinese markets initially, but sadly today was not that day! Having seen positive moves in early trade, price action returned negative following the regional trend. Shanghai
Data Courtesy of Trade Alert
Marc Chandler, Global Head Of Currency Strategy at Brown Brothers Harriman and the editor of the great blog MarcToMarket.com shares his thoughts on the recent data we have seen out of the US. The jobs data from last week was
“Do not indulge in dreams of having what you have not, but reckon up the chief of the blessings you do possess, and then thankfully remember how you would crave for them if they were not yours”. Marcus Aurelius Hurricane
The deluge of bond issuance is upon us. As Nomura notes, following last week’s massive U.S. IG issuance (3rd largest week all-time at $60B), the market expects another $25-$30B in the pipeline this week (~$9B in high grade supply yesterday),
Today’s Job Openings and Labor Turnover Survey from the BLS came in significantly stronger than expected as the number of job openings came in at 6.939 million versus estimates for a level of 6.675 million. Based on this report and reports over
