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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.
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.
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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.
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…
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.