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Major indices trading near lows With the Iran seizeing ships and the US coming off a drone downing, the overall tone may have helped to soften the tone in the US stocks.  Bonds are not seeing much of a flight to safety bid and although the USD found a quick bid, it has settled back
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Reuters reports on the G7 draft summary as global finance ministers and central bankers are still meeting in Paris But risks remain tilted to the downside Most importantly, trade and geopolitical tensions have intensified ForexLive It’s similar to what major central bank communication has been recently i.e. expecting a recovery to still come through (but
Down -$0.84 or -1.46% The price of WTI crude oil is settling after $56.78. That is down -$.84 or -1.46%.  The high price today extended to $58.36. The low came in at $56.61. The contract is closing near the low for the day. Technically the high price was able to extend above its 200 day
Caixin report on the spreading impact of the alleged fraud at Camsing Global Camsing Global founder Lo Ching has been detained over an  alleged supply-chain financing fraud. Impact of the irregularities spreading through China’s finance sector metal products manufacturer Jiangsu Fasten Co. Ltd. on Tuesday said its wholly owned subsidiary Shanghai Mosan Factoring Co. Ltd. held
Time for EUR/USD to make a move Kit Juckes from SocGen makes a good point about the euro today: For the world’s most-traded and least exciting currency pair, a dovish Fed, a weak-dollar President and a hint of global economic optimism, ‘ought’ to mean EUR/USD rallies. If it can’t stage a move back to 1.14
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
WI traded at 2.618% at auction time hig yield 2.644% which is well above WI level of 2.618% Bid to cover 2.13x vs six-month average of 2.25x Directs 16.8% versus six-month average of 14.6%  Indirects 50.0% versus six-month average of 58.8% primary dealers take 33.23% versus six-month average of 26.5% Not a good auction at