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SPX 5mUS stocks slumped in the afternoon but there was some last minute buying to prevent a negative finish.Closing changes:S&P 500 +0.1%Nasdaq Comp +0.1%Russell 2000 -0.3%DJIA +0.2% Toronto TSX Comp -0.3%This week was a dud. Summer isn't over yet.SPX...

You could kind of sniff out some late day weakness in stocks due to rising yields and a strengthening dollar. The S&P 500 is down 3 points to 4453 after earlier rising to 4477.Shares of TSLA are down 1.3% after earlier rising while shares of NVDA and Boeing are...

> US July consumer credit outstanding +10.4B vs +16.0B expected US consumer credit data for July <!--> Adam Button Friday, 08/09/2023 | 19:02 GMT-0 08/09/2023 | 19:02 GMT-0 --> <!--> Prior was +17.85B (revised to +14.02B) ADVERTISEMENT - CONTINUE...

Brent weeklyIt's been a strong run for brent crude after slowly forming a bottom from March through June. A 73-cent gain today caps off the 10th rally in 11 days and the best levels since November. It's also the first close above $90 on a weekly basis in 10...

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,...

US 10y yieldsThe bond market is the tail that's wagging the FX dog at the moment.The latest leg higher in the US dollar comes after a rebound in yields after an earlier dip. US 10s are now fractionally higher on the day at 4.26% from a low of 4.21% and it's similar...

The amount of wealth in the United States is truly staggering, something the Q2 Fed household net worth underscores.Real estate values rose by $2.5 trillion in Q2Stock market values rose by $2.6 trillion in Q2Total non-financial debt rose at 6.3% annualized rate in...

Stoxx 600 dailyClosing changes:Stoxx 600 +0.2%German DAX +0.1%UK FTSE 100 +0.5%French CAC +0.6%Italy MIB +0.3%Spain IBEX +0.6%Weekly:Stoxx 600 -0.8%German DAX -0.7%UK FTSE 100 +0.2%French CAC -0.8%Italy MIB -1.4%Spain IBEX -0.9%I don't think there is a big takeaway...

AI Generated render of 25000 Tesla (this would sell if real)The average US new car costs nearly $50,000 right now and the average electric car price in the United States hit $66,000 last month – a more than 13% increase year over year.Those numbers combined with high...

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,...

The S&P 500 opened 0.2% higher while the Nasdaq Composite is up 0.4%. US Treasury yields are down 3-4 bps across the curve.SPX dailyApple shares are up 0.9% despite another report highlighting how China has told government employees and contractors not to use...

No comments on monetary policyFed is 'a long way' from any decision on CBDCWould only proceed with clear support of executive branch and legislation from CongressSays he remains 'deeply concerned' about stablecoin issuance without strong federal oversightThere's...

There might be a seasonal factor to the August bump, as this survey isn't seasonally adjusted.“August brought a stop to wholesale price declines, though it was only a small reversal of the larger magnitude declines so far this spring and early summer,” said Chris...

Monday:ECB’s Wunsch (hawk – non voter) remains in favour of raising interest rates again:Underlying inflation remains persistent, may need more rate hikes.I’m inclined to say we maybe need to do a little bit more.The idea that we’ll have to come to a pause at a...

Prior was -6.4KFull time +32.2K vs +1.7K priorPart time +7.8K vs -8.1K priorParticipation rate 65.5% vs 65.6% priorAverage hourly wages permanent employees +5.2% y/y vs +4.7% expected (+5.0% prior)Total average hourly wages 4.9% y/y vs 5.0% priorUnemployment rate 5.5%...