News
Important Only
Investing.comJun 13, 2024
US Treasury sells $22B 30Y bonds at lower-than-expected yield on stronger demand
Mexican Peso climbs as Banxico hints at readiness to intervene
FxstreetJun 13, 2024
Dow Jones Industrial Average declines further on extended drop in producer inflation
FxstreetJun 13, 2024
United States 30-Year Bond Auction: 4.403% vs previous 4.635%
Canadian Dollar pares away gains on Thursday
FxstreetJun 13, 2024
US Dollar gains further ground despite soft PPI data
Stocks
US Treasury sells $22B 30Y bonds at lower-than-expected yield on stronger demand
Investing.com -- The U.S. government sold $22 billion of 30-year notes on Thursday at a lower-than-expected yield, driven by stronger demand. The notes were awarded at 4.403%, below the pre-sale, or wInvesting.com
Jun 13, 2024
Indices
Dow Jones Industrial Average declines further on extended drop in producer inflation
The Dow Jones Industrial Average (DJIA) tumbled another 150-plus points on Thursday after US data hinted at a further contraction of the overall economy, briefly sparking risk-off bids into the US Dollar (USD) and forcing Treasury yields lower alongside equity indexes.Fxstreet
Jun 13, 2024
Economic Indicator
Banxico Governor assures market stability amid Mexican Peso volatility
Bank of Mexico (Banxico) Governor Victoria Rodriguez Ceja commented on Wednesday that the central bank has the tools to intervene in the markets and restore market order after the Mexican Peso depreciated more than 9% following the June 2 election.Fxstreet
Jun 13, 2024
Economic Indicator
BoC's Kozicki: BoC to end quantitative tightening in 2025
Bank of Canada (BoC) Deputy Governor Sharon Kozicki noted on Thursday that the BoC is set to end its quantitative easing program and that future applications of QE will have a very high bar to pass before accessing additional monetary policy mechanisms.Fxstreet
Jun 13, 2024
Economic Indicator
Powell strikes a more balanced tone – ABN AMRO
As expected, the Federal Reserve (Fed) kept monetary policy on hold again in its June meeting, reiterating that it will take longer to gain confidence that inflation is on its way back to 2%, says Rogier Quaedvlieg, Senior Economist at ABN AMRO.Fxstreet
Jun 13, 2024
