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US 10-year Treasury yields are down in 9 of the past 11 days as fears about economic weakness percolate. Those really kicked off after a series of soft consumer and business sentiment reports. Yesterday jobless claims jumped and today there was more fuel today with brutal drop in the Atlanta Fed GDPNow tracker. That’s left
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Dollar traded broadly higher in Asian session, trying to stage a comeback after a failed rally attempt overnight. Renewed focus on tariffs appears to be driving some of the greenback’s momentum. Meanwhile, broader market sentiment is just steady following Nvidia’s strong earnings report, with lingering concerns over competition from China’s DeepSeek AI continue to weigh.
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Global stock markets are under heavy selling pressure as risk-off sentiment dominates the final trading day of February. The selloff intensified across major indices, with Japan’s Nikkei plunging -3% and Hong Kong’s Hang Seng Index down -2.8%, following the steep declines in US equities overnight. Investors are increasingly wary of escalating trade tensions, which could
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Canada is out with some statistics today including January wholesale trade. That metric rose 1.8% based on a 59.1% survey response that will be updated with the full slate. Another report highlights that aircraft movements in the country are only back to 92% of the movements recorded in 2019. That differs from the US, where
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All eyes are on Nvidia earnings after the bell today but a better reading on the underlying economy probably came from home improvement company Lowe’s today. Shares are up 2.5% on modest beats on revenues and earnings but that comes after an 18% decline since the October highs. Sentiment is poor around anything related to
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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