Final September UMich consumer sentiment hits 48.1, topping 47.6 forecast
Final September UMich consumer sentiment beat expectations at 48.1, with inflation expectations remaining elevated.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Final September UMich consumer sentiment beat expectations at 48.1, with inflation expectations remaining elevated.
Japan's 30-year bond yield hit a record 4.223%, raising safe-haven returns and threatening bitcoin via yen carry trade unwinds.
US and China reach agreement on a subset of goods for trade; details to be released Monday.
US durable goods orders held steady in August, exceeding forecasts of a 0.4% decrease, with core orders also showing strength.
Yen strengthened, oil prices fell, and 10-year Treasury yields remained near 5.17% in European trading.
New York Fed President John Williams warned that repeated supply shocks are complicating the fight to bring inflation back to 2%.
US 10-year Treasury yields above 5% now beat typical rental returns, with the spread at its widest since July 2007.
Risk management is vital for traders to survive losses and remain in the market. The article discusses setting stop losses, position sizing, and avoiding…
Spain's final Q2 GDP growth was confirmed at 0.7% quarter-on-quarter, driven by domestic demand. External demand remained a drag.
GfK German consumer climate index fell to -30.6 in October, well below the expected -27.4, as energy costs weigh on household confidence.
The Trump-Xi summit extended the US-China trade truce by two months but failed to resolve disputes over rare earths, technology, and Taiwan.
The 30-year mortgage rate rose to 7.45% as Treasury yields surged, putting pressure on Bitcoin and crypto markets.
10-year Treasury yields rose to 5.18%, with next resistance at 5.25-5.30%. If that level breaks, 6% could become a serious consideration.
Iran offers to reopen Strait of Hormuz within seven days if US meets terms including lifting blockade and ending Israel's Lebanon war. Oil edges lower.
Oxford Economics' US business-cycle indicator sounds recession alarm, but consumer spending and AI investment remain strong.