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Monday, September 9, 2024

American Market Recap | Bitcoin erases Friday's decline in a surge above $56,500

Bitcoin erases Friday's decline in a surge above $56,500

Bitcoin was looking ugly on Friday as it broke down to $52,500 but the dip buyers stepped up on the weekend and are continuing to buy today as the risk trade improves. The rally to $56,700 is nearly b... 

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Mark Carney will head Liberal advisory task force

Former Bank of Canada and Bank of England leader Mark Carney is wading into politics. He's been rumored to be circling Justin Trudeau's Liberals for awhile and now he will chair a Liberal Party task f... 

US July consumer credit outstanding +25.45B vs +2.0B expected

Prior was +8.93B (revised to +5.23B)... 

PXBT: Gold remains near record highs on the prospect of Fed rate cuts

· Why have Gold prices risen to record highs? · Federal Reserve rate cut expectations · Safe haven demand amid geopolitical uncertainty · Central bank buying · Trading Go... 

The US Treasury is selling 3s, 10s and 30s this week

Eyes remain on the bond market this week as strengthening demand for safety runs into rising supply. The ability of the market to digest rates at the lowest levels of the year will be tested again thi... 

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Latest Forex Orders

China to issue up to €2 bln in euro sovereign bonds in Paris on Sept 23

China's Finance Ministry: Will issue up to 2 bln euros of euro sovereign bonds in Paris on Sept 23.... 

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