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Friday, May 9, 2025

American Market Recap: US yields move higher for the week

US yields move higher for the week

US yields moved modestly higher for the 2nd consecutive week. 2-year yield 3.883%, up 6.1 basis points for the week. That comes after a 6.6 basis point gain last week. 5-year yield 3.994%, up 7.7 basi... 

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Iran prepares to send Russia launchers for short range ballistic missiles

According to Reuters,: Iran is preparing to send Russia launchers for short range ballistic missiles. That is a negative for two reasons. For one, the US is trying to put a governor on Iran and have... 

Key events and releases for the week from May 12 to May 16

The key events releases for next week include US CPI and PPI data, US retail sales: Australian employment data and UK GDP: Tuesday, May 13 GBP: Claimant Count Change (Forecast: 22.3K; Prev: 18.7K) USD... 

Baker Hughes oil rig count -5 at 474

Oil rig count -5 at 474 Nat Gas rig count unchanged at 101 Total rig count -6 at 578... 

US crude oil futures settle at $61.02

US crude oil futures are settling the day at $61.02. That's $1.11 or 1.85%. For the trading day. The high was at $61.42. The low was at $59.92. The price moved up $3.07 or 4.46% for the trading week b... 

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FX option expiries for 9 May 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first one is for EUR/USD at the 1.1200 mark. Amid a firmer dollar, the expiries here could help to act as a bit of a floor f... 

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