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Jasper’s market squawk 16-08-2023
Markets Pressured by Rising Yields A series of data points pushed global yields higher and depressed equity markets, with the benchmark US 10-year yie...
August 16, 2023, 9:11 am
Dollar holds lightly lower to start the session
The dollar is just a touch lower on the day, as traders are settling into European morning trade. EUR/U...
August 16, 2023, 7:28 am
Sterling a touch higher after uk cpi, dollar stays resilient
In the wake of UK CPI data, Sterling slightly higher, but lacks clear buying momentum. As BoE had anticipated, headline inflation demonstrated pronoun...
August 16, 2023, 6:57 am
Aud/usd bounces off fresh ytd low, lacks follow-through beyond mid-0.6400s
AUD/USD stages a modest recovery from a fresh YTD trough touched earlier this Wednesday. Retreating US ...
August 16, 2023, 5:44 am
Commodity market: crude oil prices decline 2%, gold at five-month low
Silver prices dipped to a one-month low influenced by a robust dollar and high US treasury yields, while gold prices t...
August 16, 2023, 4:44 am
Nzd/usd a few points higher after the rbnz statement says rates to stay high for some time
The Reserve Bank of New Zealand summary is here:Reserve Bank of New Zealand leave cash rate unchanged at 5.5%, as widely expectedNZD/USD up a t...
August 16, 2023, 2:08 am
Esmark ceo: cleveland-cliffs is offering stock for u.s. steel because they don't have cash, we do
James Bouchard, Esmark CEO, joins 'Closing Bell Overtime' with the latest on the battle for U.S. Steel ...
August 15, 2023, 5:58 pm
Esmark ceo says has money in bank account for $7.8 billion us steel bid
Esmark Inc majority owner and chief executive James Bouchard said in an interview on Tuesday that his s...
August 15, 2023, 3:12 pm
Yields pop after us retail sales but then reverse
A strong US retail sales report caused a pop in bond yields and the US dollar but both quickly gave back gains.US 10-year yields t...
August 15, 2023, 1:08 pm
Wearable devices shares surge on imminent delivery of mudra bands for apple watch
Wearable Devices shares added more than 20% after the company announced it has completed the manufacturing of its first batch of Mudra Bands for the A...
August 15, 2023, 11:06 am
Cultivating profits: exploring top ancillary cannabis stocks in august
As the cannabis industry and top marijuana stocks continue their astonishing growth, investors seek ways to profit from this green wave beyond traditi...
August 14, 2023, 2:00 pm
Nzd/usd struggles to capitalize on intraday recovery from ytd low, remains below 0.6000
NZD/USD rebounds from its lowest level since November 2022 touched earlier this Monday. A positive tone...
August 14, 2023, 9:45 am
Usd/jpy hits fresh ytd top around 145.20, lacks follow-through amid intervention fears
The USD/JPY pair kicks off the new week on a positive note and touches a fresh YTD peak during the Asia...
August 14, 2023, 1:44 am
Uae: will gold prices touch $2,300 as us rate hikes nearly come to an end?
Gold prices are expected to rise later this year and in early 2024 as the US interest rate hike cycle will end soon, pushing precious metal up by arou...
August 13, 2023, 7:14 am
Risk trades bounce after us consumer sentiment data
The market is showing high sensitivity to anything touching inflation at the moment. The University of ...
August 11, 2023, 2:23 pm
The crypto market stalls as bitcoin remains stuck at $29,500
With hardly any volatility or movement ocurring, the cryptocurrency market seems paralyzed this week. Bitcoin, in particular, is at a standstill in th...
August 11, 2023, 9:31 am
Touchstone focused on cascadura commissioning, completing royston-1x production testing
Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) said the commissioning of the Cascadura facili...
August 11, 2023, 2:42 am
Usd/jpy flirts with ytd peak, remains below 145.00 mark amid fears of an intervention
The USD/JPY pair adds to its weekly gains and steadily climbs to the 145.00 psychological mark during the Asian session, back closer to the YTD peak t...
August 11, 2023, 2:14 am
Yen weakness continues to be the trade that keeps on giving but resistance looms
Today has certainly been a volatile day in the foreign exchange market but when you zoom out, not much has changed. The dollar is basically flat on th...
August 10, 2023, 7:31 pm
Cable completes the round trip, now lower on the day
Cable has been under steady pressure after briefly jumping on a moderation in US consumer prices. The pound to...
August 10, 2023, 4:29 pm