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Showing posts with the label 2019.

Oil Price Closing Report on Tuesday 30, 2019 | Oil jumps 1.5% on expectations of Fed rate cut, supply drawdown

4-5 minutes Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the U.S. Federal Reserve will cut interest rates this week for the first time in more than 10 years, boosting demand expectations in the world’s biggest oil user. Meanwhile, ahead of weekly data, crude oil inventories in the United States were also forecast to have dropped for a seventh straight week. Analysts also noted the market was up on optimism over U.S.-China trade talks, which could boost oil demand around the world. On its second to last day as the front-month  Brent crude  for September delivery were up 42 cents, or 0.7%, at $64.13 a barrel at 12:06 p.m. EDT, while U.S. crude rose 33 cents, or 0.6% to $57.20. That put both contracts on track to rise for a fourth day in a row to what would be their highest closes since July 16. For the month, however, both contracts were set to decline due to lingering worries about oil demand with Brent down over

Oil Price Report | Oil prices slip but hold near 2019 peak as supplies tighten

Tom DiChristopher 3-4 minutes Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain. Spencer Platt | Getty Images Oil edged lower on Thursday but held near 2019 highs, supported by a sharp tightening of global stocks, OPEC production cuts and U.S. sanctions on key producers Iran and Venezuela. International Brent crude oil futures were down 57 cents, or nearly 1 percent, at $67.93 a barrel around 12:10 p.m. ET (1610) GMT, having hit their highest since Nov. 13 at $68.69 earlier in the session. U.S. West Texas Intermediate crude futures were down 36 cents at $59.87 per barrel. WTI reached its highest since Nov. 12 earlier in the day, at $60.39. Crude prices have been pushed up by almost a third since the start of 2019 by supply cuts led by OPEC, as well as sanctions enacted against Iran and Venezuela by the United States. The drop in production has led to a tightening in global inventor

Bond Yields on March 4, 2019 |Treasury yields slip despite US-China trade talks nearing 'final stages'

Thomas Franck 3-4 minutes U.S. government debt yields slipped on Monday despite trade negotiations between the United States and China reaching their “final stages.” U.S. Markets Overview: Treasurys chart TICKER COMPANY YIELD CHANGE %CHANGE US 3-MO U.S. 3 Month Treasury 2.432 -0.003 0.00 US 1-YR U.S. 1 Year Treasury 2.541 -0.013 0.00 US 2-YR U.S. 2 Year Treasury 2.543 -0.016 0.00 US 5-YR U.S. 5 Year Treasury 2.529 -0.027 0.00 US 10-YR U.S. 10 Year Treasury 2.726 -0.029 0.00 US 30-YR U.S. 30 Year Treasury 3.094 -0.029 0.00 At 9:31 a.m. ET, the yield on the benchmark 10-year Treasury note , which moves inversely to price, was lower at 2.748 percent, while the yield on the 30-year Treasury bond was also lower at 3.113 percent. Sources told CNBC that U.S.-China trade negotiations are nearing completion as the two sides prepare for a possible summit at President Donald Trump’s Florida golf club, Mar-a-Lago, at the end of March. Am

VOA news Video for Monday, January 28th, 2019

Week Ahead: 28 January-1 February

By Jonas Crosland 4-5 minutes Welcome to the week ahead, our summary of the forthcoming key company announcements. Companies are no longer obliged to notify the London Stock Exchange (LSE) of results and trading updates, so this list does not claim to be comprehensive. You can read company announcements at http://announce.ft.com and our daily online news summaries record all key company announcements and business press headlines. Monday 28 January Interim: Sensyne Health Finals: Porvair, SThree Trading statement: Petra Diamonds EGMs: Imaginatik, Panthera Resources Companies paying dividends: Auto Trader (2.1p), Marstons (4.8p) Tuesday 29 January Interims: Filtronic, Hargreaves Lansdown, NWF, PZ Cussons Final: Crest Nicholson Trading statements: Domino’s Pizza, Greencore, Intermediate Capital, Royal Mail, UDG Healthcare AGMs: Greencore, Residential Secure Income, UDG Healthcare EGM: Maistro Companies paying dividends: Amigo

Remember 5 : EU FX I currencies Closing Report on Friday 25, 2019: Dollar tumbles as focus turns to Fed's policy meeting

Yun Li 3 minutes Euro notes and coins Danita Delimont | Getty Images The dollar fell on Friday from its three-week highs in the previous session, as traders’ focus shifted to the Federal Reserve’s policy meeting next week when the U.S. central bank is expected to leave interest rates unchanged. “While the Fed next week may not sound overtly dovish, its tone might emphasize caution and thus do little to alter very low expectations for policymakers to raise rates this year,” said Joe Manimbo, senior market analyst at Western Union Business Solutions in Washington. The Fed raised interest rates four times last year and has signaled it will probably lift borrowing costs twice in 2019, though some central bank officials have said they will be patient in raising rates. The dollar index was down 0.85 percent at 95.78, after climbing to a three-week high of 96.676 on Thursday. The dollar’s decline also coincided with a rally in U.S. stocks

EU FX I Currencies for Friday 11, 2019.

cnbc.com Dollar rises versus euro, but outlook remains weak Silvia Amaro 3 minutes Mark Wilson | Getty Images The dollar rose against the on Friday in choppy trading, boosted by technical factors after the single currency hit key resistance levels, even as the greenback’s outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes. “It seems like we’re getting some model and stop-loss buying on the dollar after the euro hit resistance on the upside,” said John Doyle, vice president of dealing and trading at Tempus Inc. in Washington. “I don’t see any fundamental driver to this move. The sharpest move was in euro/dollar and it has become this across-the-board buying of the dollar,” he added. That said, investors remained wary of pushing the dollar a lot higher. This week’s Fed minutes, which underscored the U.S. central bank’s flexibility on monetary policy, triggered dollar selling t

Bond Yields Yields Closing Report for Last Friday, January 11, 2019

US Treasury yields lower after Powell comments Matt Clinch 1-2 minutes U.S. Markets Overview: Treasurys chart TICKER COMPANY YIELD CHANGE %CHANGE US 3-MO U.S. 3 Month Treasury 2.422 -0.011 0.00 US 1-YR U.S. 1 Year Treasury 2.58 -0.013 0.00 US 2-YR U.S. 2 Year Treasury 2.543 -0.022 0.00 US 5-YR U.S. 5 Year Treasury 2.527 -0.032 0.00 US 10-YR U.S. 10 Year Treasury 2.699 -0.032 0.00 US 30-YR U.S. 30 Year Treasury 3.033 -0.018 0.00 In a speech on Thursday, Powell said he was concerned about the ballooning amount of United States debt. Powell , addressing the Economic Club of Washington in a panel talk, also said the Fed’s balance sheet will be reduced significantly from where it is now but also reiterated that policymakers were prepared to wait before hiking rates again. Elsewhere, market focus was also attuned to news that trade talks between the world’s two largest economies could soon move to higher levels. U.S. Treasury Secreta

What was the Bond Yields behavior last Friday, January 4, 2019?

10-year yield spikes after monster beat by jobs report Thomas Franck U.S. government debt yields jumped on Friday after the government’s monthly jobs report showed the U.S. economy creating jobs at a much faster pace than Wall Street expected. Wage growth also rose more than expected. At 9:11 a.m. ET, the yield on the benchmark 10-year Treasury note which moves inversely to price, jumped 6 basis points higher to 2.627 percent, while the yield on the 30-year Treasury bond rose 6 basis points to 2.955 percent. The 2-year yield climbed to 2.453 percent. The Labor Department said the U.S. economy added 312,000 positions in December and the unemployment rate rose to 3.9 percent. The jobless rate rose as 419,000 new workers entered the workforce and the labor force participation rate increase to 63.1 percent. Source: FactSet Wages jumped 3.2 percent from a year ago, gaining 11 cents between November and December, an increase of 0.4 percent. That gai