European shares close mostly higher. UK FTSE 100 the exception France's CAC moves closer to its all-time high at 6944.77 from September 2000 The European shares are closing mostly higher with the one exception of the UK FTSE 100. The German DAX, Euro Stoxx and France's CAC reached closed at new highs for the year with the German DAX and Stoxx index at record highs.
Thursday assorted links 1. Rent-seeking and the history of institutionalization and mental asylums (co-author Geloso is the new hire for GMU econ this year). 2. Schlegel Twitter is the best Twitter.
US treasury to auction $27B of 20 year bonds next week The 30 year bond auction will take place at 1 PM ET today The US treasury will auction 27 billion of 20 year bonds next week along with $8 billion of 30 year TIPPS.
New dollar highs vs the GBP, CHF, and NZD Dollar edges higher As the London 4 PM fixing approaches (11 AM ET), the USD is making new highs verse the GBP, CHF and NZD in the last few minutes.
NASDAQ erases most of the declines Dow gives up gains in shift The NASDAQ has erased most of the declines and currently trades down around -4.35 points or -0.03% at 14760.56. Meanwhile, the Dow industrial average is going the other way with a decline of near 90 points or -0.26% at 35394 after trading to a new all-time high earlier in the session.
Home Prices Jumped Across the U.S. Home prices surged in almost every corner of the U.S. in the second quarter as robust demand continued to overwhelm the supply of homes for sale.
Sudden Retirement: Coping with an Unexpected Job Loss A significant portion of the workers who were forcibly lost their jobs in the pandemic were not financially prepared, research shows.
Is “Governing” Good for the Governed? It is a tired cliché to say that the government should govern. But is it true? What does “governing” mean? Consider the following illustration: on Tuesday, when announcing his resignation, New York Governor Andrew Cuomo repeated the cliché.
USDCAD chops but below the 200 hour MA 200 hour MA stalls the rally at 1.25282 The USDCAD has been chopping up and down in trading today. The high was reached in the North American morning session at 1.25257.
Canada will hold a Federal election on Sept 20 - report Reuters, citing sources Reuters reports that Trudeau will call an election on August 15 for a voting date of Sept 20. Trudeau and the Liberals are comfortably ahead in the polls and seeking to turn their minority government into a comfortable majority.
Tether Sheds Light, but Not Enough, on Its $63 Billion Reserves The stablecoin has secured itself a critical place in the crypto ecosystem, but its holdings fall short compared with those of prime money-market funds.
Kids and Covid: What to Know, a Times Virtual Event As children head back for an uncertain school year, Dr. Anthony Fauci joins Times journalists for a vital Q. and A. for parents, educators and students everywhere.
Regal Cinemas' Owner Can't Count on AMC's Meme Crowd With its stock-market peer trading at an outlandish valuation, London-listed movie-theater chain Cineworld is considering a U.S. listing to fix its debt-heavy capital structure.
EUR/USD Defends March Low Despite Slew of Hawkish Fed Rhetoric EUR/USD may track the range from the first half of the year as the exchange rate appears to be defending the March low (1.1704).
AUDUSD and NZDUSD both crack below the 100 hour MA and run lower. Dollar buying as yields move higher. The AUDUSD and the NZDUSD both cracked below their 100 hour MAs and running to the downside. Yields in the US are back higher.
National Academies’ Report Took Pharma-Friendly Stance After Millions in Gifts From Drugmakers The National Academy of Science has been caught out repeatedly for not disclosing Big Pharma ties as it issues cronyistic reports
Women Western Wear Market Size, Key Players, Economic Impact and Forecast to 2027 | Giorgio Armani, Burberry, Calvin Klein - The Market Writeuo - The Market Writeuo Women Western Wear Market Size, Key Players, Economic Impact and Forecast to 2027 | Giorgio Armani, Burberry, Calvin Klein - The Market Writeuo The Market Writeuo
US stocks open mixed. Dow hits record high S&P and NASDAQ down. S&P closed at a record yesterday. A snapshot of the market currently shows: Morgan Stanley downgraded Micron slashing the price target from $105 to $75. The price of MU is trading at Disney will announce earnings after the close.
Coffee Jolt Gets Pricier as Costs Rise Cafes and retailers lift prices, as Starbucks and Nestlé say they could follow suit, while others try to hold the line to capture more business.
AUD/USD gives back yesterday's gain Back to pre-CPI levels AUD/USD jumped in a broad USD-selloff following US inflation data yesterday but today's higher PPI print was enough to close what was left of the gap.
Pret a Manger makes staff pay cuts permanent The firm had said unpaid breaks would be temporary but trade remains "significantly below" pre-Covid levels.