Gam1983 It’s headlines like this that make one wonder: are we on the cusp of a recession? The number of U.S. corporate bankruptcy filings reached its highest level since early 2020 in June, S&P Global Market Intelligence reported. Some 75 new corporate bankruptcy filings were recorded last month alone, rivaledContinue Reading
The yield curve between the U.S. 2-Year Treasury yield (US2Y) and the U.S. 10-Year yield (US10Y) has narrowed to its tightest point in two months on Tuesday, as the longer-end US10Y continues to rise at a much faster pace than the shorter-end US2Y. The inversion between the US2Y and US10YContinue Reading
Jul. 01, 2024 1:49 AM ETFXI, PGJ, EWH, CAF, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor Igor Kutyaev The Caixin China General Manufacturing PMI in June reached its highest level in over three years, slightly above market expectations toContinue Reading
Monaco City, Monaco, June 26th, 2024, Chainwire Memereum, a rising blockchain insurance, nears 25M tokens sold despite ‘s market movement to below $60,000 level. Bitcoin breaks $60,000 levelBitcoin went below $60,000, dropping to its lowest point since early May, its price was last down 7% at $59,562.54. Additionally, Bitcoin sawContinue Reading
monsitj/iStock via Getty Images Gold prices sank Friday after data showing surprising strength in U.S. business activity boosted the dollar and bond yields, wiping out gold’s gains made during the rest of the week. The S&P Global U.S. Composite Purchasing Managers Index, which gauges activity in the manufacturing and servicesContinue Reading
