U.S. Treasury Secretary Yellen pointed out on Friday (5th) that the U.S. economy has achieved a soft landing and that the American people need sustained low inflation and wage growth to feel good about their future prospects. “What we’re seeing now, I would call it a soft landing for the economy, and I hope it … Read more
Finance For the US Treasury Secretary, the latest data on US employment, much better than expected, and the average increase in wages in 2023 confirm the good health of the US economy: “American workers are making careers and progress is middle-income families are very evident” 2′ reading For US Treasury Secretary Janet Yellen, the US … Read more
It has been a red start to the stock market opening in the USA, and once again it was a rise in interest rates that characterized the third trading day in 2024. The interest rate on US government bonds with a ten-year maturity is up to 4.01 per cent, ten basis points higher than on … Read more
The market digested better-than-expected labor market data, and profit-taking sentiment in technology stocks continued to strengthen.10-Year Treasury Bond YieldHitting 4.00% again, most U.S. stocks closed lower on Thursday (4th), continuing the dismal start to the year. Apple continues to be bearish on Wall Street and has fallen for three consecutive days since the start of … Read more
Major U.S. stock indexes opened mixed on Thursday (4th) after the latest data released by the U.S. showed that the job market remains resilient, cooling market expectations for an early interest rate cut by the Federal Reserve (Fed). before deadline,Dow Jones Industrial Averagerose more than 90 points or nearly 0.3%,Nasdaq Composite Indexfell more than 40 … Read more
As 2024 approaches, it remains a huge unknown for markets and economists as to when the U.S. Federal Reserve (Fed) will begin cutting interest rates. The minutes of the last monetary policy meeting of the Federal Open Market Committee (FOMC) last year will be released at 3 a.m. Taiwan time on Thursday (4th). Some analysts … Read more
Supported by higher U.S. bond yields,dollar indexUp on the first trading day of 2024. Meanwhile, investors are awaiting the latest U.S. employment data and European inflation data for clues about central bank policy. In late New York trading on Tuesday (2nd), ICE tracked the U.S. dollar against six major currencies. dollar index (DXY) rose about … Read more
One technical strategist says U.S. stocks could be in for a tough year, while U.S. 10-Year Treasury Bond Yieldwill rise back above 5%, and this year may become a “year without consensus.” S&P 500 IndexIt rose sharply in the last two months of 2023, rising 24.23% for the whole year. This is the fourth rising … Read more
Global government bonds got off to a cautious start to the year as traders scaled back bets on major central banks cutting interest rates significantly this year. Germany 10-Year Treasury Bond YieldOn Tuesday (2nd), it jumped 9 basis points to 2.11%, a new high in more than two weeks, while the UK 10-Year Treasury Bond … Read more
A minute after trading took off on the New York stock exchange, the Nasdaq index has fallen 0.9 percent and stands at 14,884.20 points, while the Dow Jones falls 0.4 percent to 37,539.72 points. The S&P 500 fell 0.6 percent to 4,741.60 points. The ten-year US government bond yield is at 3.96 per cent, while … Read more