The U.S. bond market has had little to no success this year, but November has taken a turn for the record. U.S. debt returns this month were the highest since the 1980s, as investors bid up prices for U.S. Treasuries, agency bonds and mortgage-backed securities (MBS). It ignited strong market gains in everything from stocks … Read more
The summer consumption boom came to a halt in October, and inflationary pressures eased. This suggests that the economy may gradually stabilize as expected by the US financial authorities. US retail sales in October decreased by 0.1% from the previous month. Figures for August and September have been revised upward. The US Producer Price Index … Read more
The U.S. consumer price index (CPI) generally slowed in October, a positive sign for the U.S. Federal Reserve as it seeks to rein in inflationary pressures. Market participants’ views on the October US CPI are as follows. ◎Bryce Doty, Senior Portfolio Manager at Sitt Investment Associates: The reason why U.S. bond yields have fallen significantly … Read more
By Le Figaro with AFP Published 1 hour ago, Updated 30 minutes ago Benoît Saint-Denis continues his meteoric progress in combat sports. SARAH STIER / AFP VIDEO – The French fighter, 27 years old and former special forces soldier, knocked out his opponent in the first round on Saturday at Madison Square Garden for his … Read more
US health authorities have approved the world’s first vaccine against chikungunya, a virus spread by infected mosquitoes that the Food and Drug Administration (FDA) has called “an emerging threat to global health”. The vaccine, developed by Europe’s Valneva and which will be marketed under the name Ixchiq, has been approved for people aged 18 and … Read more
Industrial and Commercial Bank of China (ICBC), one of the world’s largest banks in terms of assets, was hit by a cyber attack by ransomware, a computer virus that demanded ransoms, and was unable to carry out clearing operations for a wide range of transactions. This forced customers to change their trading routes, and traders … Read more
Shared office giant WeWork, which has been in dire financial straits for years, has announced that it has filed for bankruptcy in an attempt to negotiate debt relief. The company said the measure will impact operations in the United States and Canada, but “global operations are expected to continue as usual.” “Now is the time … Read more
In the US bond market on the 23rd, the yield on the 10-year Treasury note briefly exceeded 5%, reaching its highest level in 16 years. This is a level that was hardly expected during the long period of ultra-low interest rates that followed the financial crisis. Yields have since fallen sharply, likely as investors exit … Read more
Traders in the world’s financial markets are bracing themselves for volatile market fluctuations. Continuing conflict in the Middle East has increased demand for haven assets and forced investors to rethink the outlook for global interest rates. In the foreign exchange market, attention will likely be focused on movements in the US dollar, Japanese yen, and … Read more
This article was originally published in English The American state had promised to issue the first retail licenses to already convicted marijuana sellers. In most cases this has not happened. ADVERTISEMENT New York authorities launched the legal sale of marijuana for recreational purposes by promising many of the first retail licenses to ex-convicts of cannabis … Read more