The iShares 20-Year Treasury Bond ETF (TLT) dropped sharply on Monday as long-term government bond yields soared. TLT dropped to $84.9, its lowest level since March 27. It remains 5.50% below its highest point in February this year. TLT ETF drops as US 30-year Treasury yields soar American and foreign investors are selling long-term government
The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935. Soaring UK Gold yields A key reason why the FTSE 100 Index pulled back is that UK bond
GameStop stock price will be in the spotlight on Monday as the company makes a leveraged bid for eBay, the e-commerce pioneer. GME stock jumped by over 6% on Friday, reaching its highest point since October last year. Similarly, eBay jumped to $104 from the weekly low of $96 billion. GameStop makes a leveraged bid
Crude oil prices pulled back on Monday morning after President Donald Trump announced the launch of Project Freedom, a move meant to escort ships crossing the Strait of Hormuz. The West Texas Intermediate (WTI) dropped to $99.25 from last week’s high of $110. Similarly, Brent dropped to $108. Donald Trump announces Project Freedom In a
The Japanese yen was largely unchanged on Monday morning as investors reacted to last week’s intervention by the Bank of Japan (BoJ). The USD/JPY exchange rate was trading at 158 on Monday, down from last week’s high of 160. Bank of Japan intervention The USD/JPY exchange rate is in the spotlight this week as investors
The FTSE 100 Index remained in a narrow range last week as investors reacted to the Bank of England (BoE) interest rate decision and key earnings by companies like Lloyds, NatWest, and Rolls-Royce Holdings. This article explores some of the top FTSE 100 shares to watch this week. HSBC Holdings The first main FTSE 100
The DAX Index has rebounded in the past few weeks, moving from a low of €21,870 in March to €24,290. It is now hovering near its all-time high as focus remains on the upcoming earnings by some of the top companies like Commerzbank, Daimler Truck, Lufthansa, Rheinmetall, and Siemens Healthineers. Daimler Truck Holdings Daimler Truck
Pi Network price is stuck in a local bear market after falling by 41% from its highest point in March this year. It dropped to $0.1750 from a high of $0.2977. This article explores what to expect as its founders talk at the Consensus event in Miami. Pi Network price under pressure ahead of the
Palantir stock price has retreated and moved into a technical bear market after falling by 30% from its highest point last year. This retreat will be put to the test as the company publishes its financial results on Monday. Palantir stock in the spotlight ahead of earnings The PLTR stock price has crashed in the
Brent crude oil price rose for two consecutive weeks, reaching its highest point since March 16 this year. It ended the week at $109 as investors reflected on the ongoing developments in the Middle East, where the fragile ceasefire between the United States and Iran continued. Donald Trump reviewing the Iran proposal Brent crude oil