6 July, 2021 by The TZ Newswire Staff Comments Off on US 10-year yields near the June spike low
US 10-year yields near the June spike low
US 10-year yields could hit the lowest levels since February
Is there a new-quarter repositioning ongoing?
US 10-year yields are nosediving today, falling 6.7 bps to 1.365%, which is just above the short-lived spike lower following the Fed.
6 July, 2021 by The TZ Newswire Staff Comments Off on Market Extra: AMC’s scuttling of share increase plan is clearest signal yet that the company’s stock now belongs to the “Planet of the Apes”
Market Extra: AMC’s scuttling of share increase plan is clearest signal yet that the company’s stock now belongs to the “Planet of the Apes”
Adam Aron is not just capitulating to retail traders on his yearning for 25 million new shares, he’s telling them that they are why he’s doing it.
read more
6 July, 2021 by The TZ Newswire Staff Comments Off on Censorship resistance: Hong Kong’s Apple Daily archives preserved by artist Kevin Abosch
Censorship resistance: Hong Kong’s Apple Daily archives preserved by artist Kevin Abosch
When 20 years of pro-democracy journalism is under threat, blockchain’s potential for censorship-resistance is brought into focus.
6 July, 2021 by The TZ Newswire Staff Comments Off on AUDUSD falls toward the 200 hour MA as gains are retraced
AUDUSD falls toward the 200 hour MA as gains are retraced
The high price today stalled at a swing area
The AUDUSD is moving back down toward its 200 hour moving average as the gains for the day are being retraced. That 200 hour moving average currently comes in at 0.7535. The 50% midpoint of the move down from the June 25 is also in the area at 0.75297. Breaking below the levels would
6 July, 2021 by The TZ Newswire Staff Comments Off on Tuesday’s Early Meme Stock Action Sees Clover Health Tumbling, AMC Higher and More
Tuesday’s Early Meme Stock Action Sees Clover Health Tumbling, AMC Higher and More
The WallStreetBets community has been a resounding force in the market since January causing many investors to reevaluate their positions. Here’s a look going into this trading session.
6 July, 2021 by The TZ Newswire Staff Comments Off on Services Surveys Signal Stagflation As Recovery Bounce Peaked In Q2 But Prices Soared
Services Surveys Signal Stagflation As Recovery Bounce Peaked In Q2 But Prices Soared
Services Surveys Signal Stagflation As Recovery Bounce Peaked In Q2 But Prices Soared
After a mixed picture in Manufacturing surveys in June (PMI marginally higher, ISM marginally lower), and serially down-trending ‘hard’ data, this morning’s Services surveys show a serious and coordinated disappointment as ISM Servceis tumbled from 64.0 to 60.1 and Markit’s PMI dropped from 70.4 to 64.6…
6 July, 2021 by The TZ Newswire Staff Comments Off on ISM June services index 60.1 vs 63.5 expected
ISM June services index 60.1 vs 63.5 expected
ISM June service-sector survey
This is a disappointing miss and worst than the lowest estimate. It’s still easily in expansionary territory but is the lowest since February.