Comments after the infrastructure meeting There are so many difficult problems here. If Republicans will support it, they don't want to raise taxes bu ...read more

Posted on: Wed, May 12, 2021 5:27 PM

WI level 1.697% - High yield 1.684% versus 1.697% WI. Tail -1.3 basis points - Bid to cover 2.45X vs six month average of 2.37X - Dealers 19 ...read more

Posted on: Wed, May 12, 2021 5:01 PM

10 year note auction results are imminent - WI 10 year yield 1.697% - S&P index 4087.26 - NASDAQ index 13108.43 - Dow industrial average&nbsp ...read more

Posted on: Wed, May 12, 2021 5:00 PM

GOP leaders speaking after meeting with Pres. Biden Sen. Leader McConnell our dressing the press after their meeting with Pres. Biden and De ...read more

Posted on: Wed, May 12, 2021 4:53 PM

Biden to meet with Republicans and Democrats Mitch McConnell and Kevin McCarthy are at the White House today, along with Democratic Congressional lead ...read more

Posted on: Wed, May 12, 2021 3:52 PM

Closing changes for the main European bourses: ...read more

Posted on: Wed, May 12, 2021 3:39 PM

EUR/USD falls to the lows of the day The US dollar is near the best levels of the day as it resolves higher on falling US equities and rising Treasury ...read more

Posted on: Wed, May 12, 2021 2:54 PM

Weekly US petroleum inventory data: API data released late yesterday showed:WTI crude hit a daily high of $66.60 about 10 minutes before this report. ...read more

Posted on: Wed, May 12, 2021 2:30 PM

Oil data due at the bottom of the hour WTI crude oil is at the highs of the day, up $1.30 to $66.59. API data released late yesterday showed: ...read more

Posted on: Wed, May 12, 2021 2:22 PM

Interesting dynamics here The jump in used auto prices alone accounted for one-third of the shockingly large 0.9% m/m rise in core US inflation in Apr ...read more

Posted on: Wed, May 12, 2021 12:55 PM

US April 2021 consumer price index highlights: was +2.6% Prior Wage data:That's a big miss and the dollar is ripping higher. Everyone was expecting a ...read more

Posted on: Wed, May 12, 2021 12:30 PM

What else is coming up The highlight of the day is the US CPI report at the bottom of the hour. It's forecast at +3.6% y/y on the headline and +2.3% e ...read more

Posted on: Wed, May 12, 2021 12:13 PM

WTI up 80-cents to $66.09 today US consumers in the southeast are stocking up on gasoline supplies however they can and that's leading to stations run ...read more

Posted on: Wed, May 12, 2021 11:46 AM

What is the market anticipating ahead of the US CPI data later? The market is gearing up for what it expects to be a blockbuster US CPI report later t ...read more

Posted on: Wed, May 12, 2021 10:34 AM

As confirmed by EU economy commissioner, Paolo Gentiloni Well, it wasn't to say that they were ever that effective in the first place. ...read more

Posted on: Wed, May 12, 2021 9:13 AM

Latest data released by Eurostat - 12 May 2021 The jumps in production of non-durable consumer goods (1.9%), energy (1.2%) and intermediate goods (0.6 ...read more

Posted on: Wed, May 12, 2021 9:01 AM

Reuters reports, citing a government source on the matter The source says that the German cabinet has approved plans today to allow for people who hav ...read more

Posted on: Wed, May 12, 2021 8:40 AM

The EU expects the euro area economy to rebound more strongly The bump higher in the forecasts owes much to the assumption that they expect a signific ...read more

Posted on: Wed, May 12, 2021 8:35 AM

That despite cutting its demand forecast for India ...read more

Posted on: Wed, May 12, 2021 8:04 AM

S&P 500 futures trade back to flat levels on the day US futures looked like they were in deep trouble at the tail-end of Asia Pacific trading but ...read more

Posted on: Wed, May 12, 2021 7:59 AM

US futures trim losses as we get into European trading There's been a slight improvement in the market mood over the past hour or so as US futures als ...read more

Posted on: Wed, May 12, 2021 7:21 AM

The rout in China was not on the mainland .... Taiwan shares were trashed, down more than 8.5% at one stage before a bounce.  ...read more

Posted on: Wed, May 12, 2021 7:05 AM

Sunak has trotted out simliar before, as have other fin mins around the place. looking for pent up demand to be supported by savings from giovernemtn ...read more

Posted on: Wed, May 12, 2021 6:55 AM

French April CPI 0.1% m/m vs expected 0.2% ...read more

Posted on: Wed, May 12, 2021 6:49 AM

Optimism grows On the face of last week's Bank of England rate decision it was very uneventful. Rates were kept the same & asset purchases the sam ...read more

Posted on: Wed, May 12, 2021 6:17 AM