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S&P 500: Rising Rates, Oil, and Dollar Pose Risk to Stocks
13+ min ago (296+ words) Stocks finished the day essentially flat, up 4 basis points. To no surprise to readers of this free daily commentary, the S&P 500 gapped lower and tested the put wall at 6,800. Implied volatility was crushed as put positions at that level…...
Gold Remains Steady While Options Markets React to Surge in Crude Oil
26+ min ago (159+ words) Gold Remains Steady While Options Markets React to Surge in Crude Oil'Bitget Gold Remains Steady While Options Markets React to Surge in Crude Oil Gold Maintains Upward Momentum Amid Oil Market Volatility Gold prices continue to trend higher, even as…...
Will Iran deepen the cost-of-living crisis?
29+ min ago (848+ words) Vladimir Putin launched his invasion of Ukraine in February 2022 at a critical moment for the European gas market. Prices had already been rising, and in the winter of 2021-22 the gas stored in Europe Vladimir Putin launched his invasion of Ukraine…...
Iran attacks threaten US economy with more uncertainty around inflation
30+ min ago (821+ words) The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures. The war has already raised oil prices and could lift prices at the pump as…...
Gold climbs for fifth day amid Middle East tensions
35+ min ago (317+ words) Feels like: 3.7C3.7F | Clear Gold extended its rally for a fifth consecutive session as escalating conflict in the Middle East rattled global energy markets and pushed investors toward safe-haven assets. Bullion rose as much as 1.1% to surpass $5,380 an ounce, building on…...
‘Live’ chance of interest rate hike at March RBA meeting amid oil price spikes affecting inflation, governor says
36+ min ago (557+ words) Michele Bullock not "making a prediction, but cites rise in oil prices due to attacks on Iran and tight labour market as factors in possible cash rate rise The governor of the Reserve Bank of Australia, Michele Bullock, says there…...
Experts weigh in on the future of the U.S. economy amidst global conflict
38+ min ago (393+ words) LAS VEGAS (KSNV) " As concerns grow over the United States involvement in Iran, so have the concerns of how the turmoil may impact local economies in the U.S. grow. "Our national economy is; some things are looking great, and some things…...
Australian Dollar gains on hawkish remarks from RBA’s Bullock
40+ min ago (494+ words) AUD/USD continues its recovery for the second successive session, trading around 0.7100 during the Asian hours on Tuesday. The pair appreciates as the Australian Dollar (AUD) receives support from hawkish comments from the Reserve Bank of Australia (RBA) Governor Michelle…...
Gilt yields rise as hopes for Bank of England rate cut fade
40+ min ago (576+ words) UK inflation fell to a 10-month low in January, driven by lower food and gas prices, prompting expectations of a possible Bank of England rate cut in March. However, gilt yields rose sharply yesterday, with five-year yields up around 19bps, 10-year…...
Stock slide as Middle East air war fans inflation fears By Reuters
41+ min ago (681+ words) Oil extends surge on wider Middle East conflict, Strait of Hormuz closure SINGAPORE, March 3 (Reuters) - A selloff in stocks deepened on Tuesday and the dollar strengthened as investors considered the implications of U.S. and Israeli strikes on Iran on energy prices…...