Author: super@dmin
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Bond Report: 10-year Treasury yield stages biggest one-day jump in nearly three months
Treasury yields rise Friday after news reports said President Donald Trump declined to launch military strikes against Iran in retaliation for shooting down a U.S. drone.
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Does the Fed have a credibility problem after this week’s policy pivot ?
“Data dependent” Fed fears “cross currents” may blow the economy off course and preemptively tacks into headwinds
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The Fed: Fed’s Brainard suggests she supports interest-rate cuts
Fed Governor Lael Brainard on Friday suggested she would support lowering interest rates in future meetings to guard against downside risks to the outlook.
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Commodities Corner: Why gold prices have climbed to their highest since 2013
Dovish statements from global central banks aren’t the only reason for gold’s rise past $1,400 an ounce to levels it hasn’t seen in nearly five years
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Citigroup beefs up investment banking team
Citigroup Inc. has poached a clutch of U.S.-based senior investment bankers from rivals, as it looks to challenge Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley for a spot among the top three investment banks globally ranked by revenue.
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The Ratings Game: PayPal COO exit is ‘manageable’ though not ideal, analyst says
Is PayPal Holdings Inc. ready to lose a key executive?
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Top Ten: Weekend roundup: What to do in the wake of the Federal Reserve’s policy shift
Also: Wealth building, retirement planning, dividend stocks and ‘Flygskam.’
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Market Extra: Quadruple witching day on Wall Street as the stock market trades in record territory
The spooky-sounding term occurs on the third Friday of the month of every quarter, in March, June, September, and December, and refers to the simultaneous expiration of single-stock options and futures and index options and futures.
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Need to Know: Gold’s monster run could reach $1,600, say Citi analysts
Our call of the day, from Citigroup analysts, say “bullish gold fever” is justified and set up a scenario in which gold reaches $1,500 to $1,600, levels not seen since early 2013.
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Market Snapshot: S&P 500 poised to pull back after notching first record since April
Stock-index futures edge back Friday after the S&P 500 rang up its first record since April, amid testiness between Iran and the U.S. and as a wave of Federal Reserve speakers are set to talk after the central bank signaled a willingness to dial back rates if economic conditions worsen.