High-yield 2.242%Tail -2.8 basis points vs six-month average of -0.1 basis pointsBid to cover 2.58X versus six-month average of 2.45XDirects (domestic) 17.8% versus six-month average of 16.5% Indirects (international buyers) 78.3% versus six-month average of 76.0% Solid auction. This article was written by Greg Michalowski at www.forexlive.com.
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BOE’s Greene is on the wires saying: latest patent data shows pretty high wage growth, though moving in the right direction. Latest inflation data surprised on the upside littleWage growth in services price inflation are not consistent with this sustainable return to 2% inflation.UK labor market loosening, but still remains pretty tight. We expect inflation […]
It is reported that the US was willing to trade an attack from Israel on Rafah vs an attack on Iran. The White House is now saying that the keep options open for more Iranian sanctions. Clearly, the White House would prefer to diffuse the Iran/Israel issues. This article was written by Greg Michalowski at […]
Major European indices are closing higher for the second . The gains are led by the Spain’s Ibex which rose by 1.3%. A look at the final numbers shows: German DAX, +0.45%France CAC, +0.55%UK FTSE 100 +0.44%Spain’s Ibex was 1.30%Italy’s FTSE MIB +0.74% As London/European traders headfor the exits, US stocks are also higher: Dow […]