Market Rally Fizzles As Old Fears Return

While global markets remain largely a sea of green, ignoring the threat of a trade war between the US and the rest of the world the move higher has been more muted overnight as some familiar risks have re-emerged.

  • Jun 5, 2018 7:14 AM

Advance Data Signals Biggest US Trade Deficit In 10 Years

For the fifth month in a row, the US trade balance went deeper into deficit (if the advance data holds), hitting a larger than expected -$74.4bn in January - the biggest deficit since July 2008 (in the middle of the last recession).

  • Feb 27, 2018 8:48 AM

Global Markets A Sea Of Red As Dollar Selloff Resumes

The global selloff that started on Monday, resulting in the biggest drop in US stocks since September, accelerated overnight and this morning world stocks and US equity futures are a sea of red, even as the US dollar has resumed its drop.

  • Jan 30, 2018 7:05 AM

Treasury Yields Are Blowing Out, Slowing Dollar Plunge

The recent frantic moves in Treasurys and the dollar continued on Monday, and while the dollar collapse seems to have slowed for now, this is as a result of an acceleration in the Treasury selloff, with 10Y yields blowing out.

  • Jan 29, 2018 6:58 AM

Frontrunning: January 16

  • GE to Take Massive Charge to Shore Up Insurance Reserves (WSJ)
  • GOP Leaders Struggle to Avert Shutdown After Immigration Blow-Up (BBG)
  • DACA Squabbling Imperils Ability to Avert a Shutdown (WSJ)
  • Bitcoin Plunges 20% (WSJ)
  • China Escalates Crackdown on Cryptocurrency Trading (BBG)
  • Jan 16, 2018 7:54 AM