US stocks fell across the board and Treasury yields surged amid a ramp-up in speculation that central banks will have to boost interest rates sooner than earlier anticipated.All but one of the 11 industry groups in the S&P 500 fell, while the Dow Jones Industrial Average dropped to the lowest …
Read More »Gold Upset By Soaring US Treasury Yields
US Treasury yields jumped overnight with the interest-rate sensitive 2-year printing a fresh 23-month high of 1.05%, while the benchmark 10-yearhit 1.83%, a level last seen in January 2020. Market expectations that the Federal Reserve will hike rates four times this year, by 25bps each time, and that the central …
Read More »US Stocks Fall As Bond Yields Surge
Wall Street is off to another day in the red territory at the start of the shortened trading week as investors are grappling with earnings seasons and rising Treasury bond yields.All three major indexes opened lower, with the Dow down 400 points, or 1.1%. The broader S&P 500 dropped 1%, …
Read More »Gold Prices Are Marginally Lower as The Yield on US Treasuries Rises
Gold prices fell marginally during trading today, Tuesday, amid the rise in the yield on US 10-year Treasury bonds to the highest level in two years, and with the follow-up to developments in monetary policy. Investors’ eyes are still heading towards the Federal Reserve’s monetary policy meeting, scheduled for the …
Read More »Gold Reacts To Higher US Bond Yields
Gold retreats for the second straight day as worse than expected US economic data dominated news headlines; US retail sales dropped the most in 10-months and the US 10-year T-bond yield hits 1.771%, weighing on the non-yielding metal.The precious metal slips for the second-consecutive day amid dismal US economic data …
Read More »Despite Edging Lower, Gold Exhibits Innate Ability To Rally When Consensus Is bearish
Gold futures edged lower on Thursday, with prices on track to post their first loss in five sessions, after a rise in the US producer price index reading for December came in below market expectations.It could be argued that the bullish case for gold is its reputation as an inflation …
Read More »Market Drivers – US Session – 12 January
US stocks rallied, although indexes gave up gains unevenly ahead of the close, while government bond yields ticked lower, sending the American dollar in a selling spiral, exacerbated by the breakout of technical levels.The EUR/USD pair trades at its highest in two months at around 1.1450, while GBP/USD jumped to …
Read More »Dubai TV Interview, 10 January 2022
https://www.youtube.com/watch?v=46lVs1tbZiA&feature=emb_titleSpeaking to Dubai TV, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts, commented on the most important developments in the financial markets during the first week of the new year 2022.Hashad commented on the most prominent issues in global markets …
Read More »Gold Rises With Falling Treasury Yields And Anticipation of US Inflation Data
Gold prices rose on Tuesday, January 11th, supported by a decline in the dollar and US Treasury yields, as investors awaited the release of inflation data for December, this week, which may support a decision by the Federal Reserve to raise interest rates sooner than expected. And the price of …
Read More »Market Drivers – US Session – 10 January
The US dollar seesawed between gains and losses, attempting to find a clear direction and led by US Treasury yields once again. As the 10-year U.S. Treasury yield spiked to start 2022, investors have been rotating into more cyclical and value names. On Monday, the 10-year climbed as high as …
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