Dow Jones Plunges 100 Points Ahead of US Inflation Data Release Tomorrow As of 9:38 p.m. Thai time, the Dow Jones Industrial Average added 121.86 points or 0.36% to 33,825.96 points. The stock market gained positive factors from the dollar’s depreciation. And the decline in US government bond yields today. The dollar’s depreciation will boost … Read more
The Dow fell more than 200 points, nearing the 30,000 mark, pressured by the dollar’s appreciation. and the rebound in US government bond yields At 9:10 p.m. Thai time, the Dow Jones Industrial Average was 30,050.15 points, minus 223.72 points, or 0.74%. The strength of the dollar has raised investors’ fears that it will affect … Read more
Gold futures rose nearly $30, breaking through the $1,700 level today. The positive factor from the depreciation of the dollar. and the fall in US government bond yields. At 10:35 p.m. Thai time, the COMEX (Commodity Exchange) gold contract will be delivered in December. plus $29.30, or 1.74%, to $1,701.30/ounce. A weakening dollar will increase … Read more
Gold futures prices fell today. while investors sell profits After the price rally yesterday on the weakening of the dollar. and the fall in US government bond yields. After the intervention of the Bank of England (BoE) At 10:55 pm Thai time, the COMEX (Commodity Exchange) gold contract will be delivered in December. Minus $2.10, … Read more
Gold futures rose more than $30, near $1,670 today. The positive factor from the depreciation of the dollar. and the fall in US government bond yields. At 00.20 am Thai time, the COMEX (Commodity Exchange) gold contract will be delivered in December. plus $33.60 or 2.05% to $1,669.80/ounce A weakening dollar will increase the attractiveness … Read more
The yield on the two-year US Treasury is sensitive to the Fed’s monetary policy. It jumped above 4.0% for the first time since 2007 and is above the 10-year and 30-year U.S. Treasury yields. As of 10:38 p.m. Thai time, the yield on two-year government bonds stood at 4.006%, the highest level since October 2007. … Read more
The US bond market posted an inverted yield curve for the third day in a row, as the yield on the two-year US Treasury surged past 3% and jumped above the five- and 10-year-olds amid concerns the US economy faces. Recession as the Federal Reserve (Fed) has accelerated to raise interest rates to curb inflation. … Read more
Dollar weakens against major currencies This is in line with the slowdown in US Treasury yields today. The dollar was also pressured by comments by the Atlanta and Chicago Fed presidents who suggested the Fed would raise interest rates gradually to avoid a negative impact on the US economy. As of 11:16 p.m. PST, the … Read more