Taiwan: Tech exports sustain strong growth – ING
ING analysts see Taiwan’s external demand remaining a key growth driver, led by technology exports. They expect export orders to stay very strong, even as the year-on-year rate moderates. Robust…
US oil refiners finally profit from biofuels due to mandates, high fuel prices
US oil refiners finally profit from biofuels due to mandates, high fuel prices Source link
Powell exits after one of the wildest Fed eras in history
Powell exits amid another bond market surgeJerome Powell is leaving the Fed chairmanship at a time when the bond market is once again under pressure. The 10-year Treasury yield is…
Silver is sharply lower on higher USD/higher yields. Technically breaks the 100 day MA.
The price of silver is under intense pressure today, tumbling $6.55 or -7.84% to $76.90. The sharp decline marks the largest one-day percentage drop since March 3, when the metal…
Gold tumbles lower today on the back of higher yields and the higher USD
The price of gold is breaking sharply to the downside today after volatile, back-and-forth trading for much of the week. Looking back to last week and into Monday’s trade, rallies…
Silver crashes 37% from highs, oversold but downtrend rages – Live levels this hour
Silver crashes 37% from highs, oversold but downtrend rages - Live levels this hour Source link
European shares close lower on the day and lower on the week
European indices closed sharply lower with the declines of -1% – -2% on the day. Looking at the closing levels:German DAX, -2.07% France CAC, -1.6% UK's FTSE 100 -1.71%Spain's Ibex…
Crude oil inventories for the current week -4.306M versus -2.051M estimate
Crude oil inventory -4.306 million versus -2.051 million estimateDistillates +0.190 million versus -2.735 million estimateGasoline -4.084 million versus -2.914 million estimateCushing -1.702 million versus -0.648 million last weekThe private data…
United Kingdom: Leadership race shapes fiscal outlook – TD Securities
TD Securities’ James Rossiter and Julie Ioffe argue that Prime Minister Starmer is likely to be replaced by late September, with Labour’s leadership race centering on Burnham, Streeting, Rayner and…
Fast break the other way.The USD is moving higher,yields spiking, and stocks sharply lower
The broader market mood is turning decidedly more defensive heading into the final trading day of the week. Oil prices are surging higher, equities are under pressure, precious metals are…
