Dow declares $0.35 dividend
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US stocks mostly up on slightly lower inflation data
Wall Street stocks mostly gained following slightly better US consumer pricing data, but an uptick in US Treasury bond yields suggested lingering unease about inflation.
- US stocks mostly up on July inflation data at 3.4%
- Semiconductor shares surge after strong earnings
- US Treasury bond yields rise despite lower inflation
Young Mystics relying on strong bonds to improve while making push toward postseason
Sydney Johnson remembers the camaraderie he felt as a player at Princeton, and the respect he had for coach Pete Carril and the Tigers’ coaching staff. The growth is showing in Washington.
Smart investing: Investec’s Clarity platform simplifies global market access
Provides investors with access to a range of products and diversified market exposure.
EIA Sees 600,000 Bpd of Middle East Oil Still Offline by End-2027
The longer-than-expected closure of the Strait of Hormuz means that some part of the oil production in the Middle East will remain shut in through the end of next year, the U.S.
- EIA projects 600,000 bpd of Middle East oil offline by end-2027
- Strait of Hormuz constrains oil shipments through August
- Gulf oil producers' curtailment averages 5.5 million bpd in July
Euro reverses from two-day high, fade US soft CPI move
The Euro reversed course after reaching a two-day high of 1.1563, following the release of a benign US inflation report for July, which triggered a repricing for a less “hawkish” Federal Reserve…
Chinese Yuan: Credit softness may spur PBoC easing – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao point out USD/CNY is stable around 6.75, with their model implying a slightly stronger PBoC fix.