Market News

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Source: Reuters News Agency

1 month ago

General Medium Importance

Morning Bid: Big, bad bond market

I was reminded this week of the famous quip from Democratic political strategist James Carville: "I would like to come back as the bond market. You can intimidate everybody." He may have said this more than three decades ago, but the Trump administration's aggressive response to this week's sovereign debt ructions suggests the bond market remains the one entity no one wants to mess with.

Source: Reuters

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Source: Barrons News Agency

1 month ago

General Medium Importance

Bonds, Cryptos, Moderna Play Havoc With Markets. 2 Reasons for More Chaos.

JPMorgan layoffs hit highest since 2015, Amazon expands drone delivery, Chinese tech IPOs outshine U.S. rivals, and more news to start your day.

Source: Barrons

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Source: CNBC News Agency

1 month ago

General Medium Importance

Why some of America's biggest brands are losing ground in China

Some American companies are losing influence in China as geopolitics, domestic competition and a lack of cultural relevance reshape what was once a lucrative market for the U.S. Companies such as Nike, Starbucks and General Motors have seen their China businesses shrink over the past few years.

Source: CNBC

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Source: Reuters News Agency

1 month ago

General Medium Importance

Iraq aims to boost oil output to 8-10 million bpd in six years

Iraq has sent a delegation to Saudi Arabia seeking a higher output quota from OPEC as the country plans to raise its oil production to between 8 million and 10 million barrels per day in ‌the next six years, its prime minister said on Friday.

Source: Reuters

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Source: CNBC International TV News Agency

1 month ago

General Medium Importance

U.S. Treasuries surge despite Bessent buyback intervention

Treasury yields have rebounded despite yesterday's buyback intervention relief from U.S. Treasury Secretary Scott Bessent. In an exclusive interview, Bessent told CNBC he is prepared to increase the operation beyond $4bn.

Source: CNBC International TV

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Source: Reuters News Agency

1 month ago

General Medium Importance

Iranian oil offers to Chinese buyers fall as US blockade bites, sources say

Offers of Iranian crude to Chinese buyers have declined and prices have jumped this week as the U.S. blockade has cut Tehran's shipments, according to trade sources, with the threat of more sanctions from Washington looming.

Source: Reuters

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Source: CNBC News Agency

1 month ago

General Medium Importance

Bitcoin on track for 20% weekly gain as investor optimism floods back

Bitcoin rose above $75,000 early Friday and is on track for a weekly gain of 20%. The rally began Wednesday when Treasury yields pulled back sharply following Bessent's intervention in the bond market.

Source: CNBC

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Source: WSJ News Agency

1 month ago

General Medium Importance

Stock Market Today: Yields Steady; S&P Heads for Weekly Loss

Bond markets shrug off Treasury efforts to curb borrowing costs

Source: WSJ

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Source: WSJ News Agency

1 month ago

General Medium Importance

Europe, Asia See Pickup in Business Activity Despite Headwinds

Surveys of purchasing managers recorded a pickup in activity in the eurozone, Japan and India during August, suggesting the global economy might avoid a further modest slowdown in the third quarter.

Source: WSJ

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Source: WSJ News Agency

1 month ago

General Medium Importance

Bond Yields Steady as Treasury Intervention Struggles to Convince

Treasury yields held close to flat after earlier retracing sharp falls that initially followed the Treasury's surprise bond market intervention.

Source: WSJ

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Source: CNBC News Agency

1 month ago

General Medium Importance

Longer-dated Treasury yields rise as Bessent's bond buyback rally fizzles out

Concerns over the Treasury Department's debt repurchase program continue to weigh on markets.

Source: CNBC

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Source: CNBC News Agency

1 month ago

General Medium Importance

Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

Crude prices were slightly lower early Friday but on course for a second consecutive weekly gain as the U.S. vows to mount the "toughest sanctions in history" against Iran. U.S. Treasury Secretary Scott Bessent told CNBC that meant a return to large-scale military combat was "unlikely," but markets are now "pricing in the failure of diplomacy," an analyst told CNBC.

Source: CNBC

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Source: MarketBeat News Agency

1 month ago

General Medium Importance

Hunting H1 Earnings Call Highlights

Hunting LON: HTG reported first-half revenue of $497 million and EBITDA of $62.1 million, representing a 12% EBITDA margin, as growth in its Titan perforating and subsea businesses helped offset disruption to a major Kuwait Oil Company tender process.

Source: MarketBeat

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