Content
A Dozen Reasons To Stay Bullish
The “Good News” On Inflation
Article By:
Joseph Calhoun
Read
Monday, May 20, 2024 9:50 AM EDT
Bonds and stocks rallied last week on the back of two pretty good inflation reports
In this article: UUP
Summer Driving Season Is Late This Year- Signal Or Noise?
Article By:
Lance Roberts
Read
Monday, May 20, 2024 8:40 AM EDT
Summer driving season, lasting from Memorial Day to Labor Day is fast approaching. Typically, during driving season, U.S. motor gasoline consumption is 400,000 barrels/day above the average for spring and fall.
BoE's Broadbent: Possible Bank Rate Cut Could Come This Summer
Article By:
FXStreet
Read
Monday, May 20, 2024 7:52 AM EDT
"If things continue to evolve with its forecasts - forecasts that suggest policy will have to become less restrictive at some point - then it's possible Bank Rate could be cut some time over the summer," Broadbent noted.
In this article: FXB
Copper Roars, Gold Soars To Record Highs As Metals Hit "History-Making Mode"
Article By:
Tyler Durden
Read
Monday, May 20, 2024 7:37 AM EDT
While oil remains oddly muted amid yet another middle-eastern shock, the same cannot be said for various precious metals and commodities which are soaring to start the week.
Commodities’ Performance Lead Widens Over Markets In 2024
Article By:
James Picerno
Read
Monday, May 20, 2024 7:26 AM EDT
Last week’s strong rally in commodities expanded the performance lead for the asset class over the rest of global markets, based on a set of ETFs through Friday’s close, May 17.
In this article: GCC
Walmart Is Sending A Major Warning To The Economy
Video By:
Jeffrey P. Snider
Watch
Monday, May 20, 2024 7:00 AM EDT
Business at Walmart is brisk these days...and that's a big problem. The better things go for the company, especially at the grocery department the worse you know it is in the economy.
In this video: WMT
UK Services Inflation To Make Or Break A June Bank Of England Rate Cut
Article By:
ING Economics
Read
Monday, May 20, 2024 6:57 AM EDT
The Bank of England is preparing for its first rate cut, and Wednesday’s services inflation data will determine whether that comes in June or August. We think services inflation could come in hotter than expected.
Inflation Is A Policy; Gold Does Not Reflect Monetary Destruction, Yet
Article By:
Daniel Lacalle
Read
Monday, May 20, 2024 5:15 AM EDT
The money supply is rising again, and persistent inflation is not a surprise.
Asia Morning Bites - Monday, May 20
Article By:
ING Economics
Read
Monday, May 20, 2024 4:18 AM EDT
China’s loan prime rates and Taiwan’s export order data will be released today. US Treasury yields crept higher again on Friday. The 2Y yield rose 2.9 basis points while the 10Y rose 4.5bp to 4.42%.