After turning lower over the course of the previous session, treasuries saw further downside during trading on Tuesday. Bond prices pulled back sharply after seeing initial strength and spent the rest of the day firmly in the red. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6 basis points to 3.422 percent. The […]

Nobody was really surprised when the August consumer price index showed yet another month of rising prices. While the headline number has decreased since June (mostly due to lower gasoline prices), consumers are still getting stung by inflation. With top Wall Street firms raising their September federal funds increase forecasts to 75 basis points last week, and the year-end terminal […]

Social tokens are the new emerging trend in the crypto market. In simple words, they are a cryptocurrency that a person, creators, influencers, brands or organizations can use to monetize themselves. These tokens help to eliminate the middlemen, allowing creators to keep all their earned money, as well as retain their artistic control. Let’s take a look at the 10 […]

The futures were trading higher Monday, following Friday’s big risk-on rally that helped end the three-week losing streak for the equity markets. All the major indexes closed higher on Friday, with the tech-heavy Nasdaq leading the way by closing up over 2.11%, driven higher by some solid earnings reports and very oversold conditions. With next week’s August consumer price index […]

Gold prices climbed higher on Friday, as the dollar came further off a 20-year high touched a couple of sessions ago. The dollar index dropped to a low of 108.36 in the Asian session, and despite recovering fairly well, continues to languish in negative territory at 108.90, down 0.74% from the previous close. Gold futures for December ended higher by […]