A stellar rally in 2021, adopted by the Russia-Ukraine struggle, noticed steel costs peaking within the first quarter of 2022. Nonetheless, costs tumbled thereafter. Aggressive charge hikes from the US Federal Reserve, robust greenback and weak demand dragged the costs decrease. However issues began to show round within the final quarter of the calendar yr … Read more
The rise within the US Treasury yields over the past three months has occupied centre stage within the world monetary markets, influencing actions in different asset lessons as nicely. The US 10Yr Treasury yield was broadly range-bound between 3.25 and 4.1 per cent from January to April this yr. Thereafter it began transferring up steadily. … Read more
The US Treasury yields, and the greenback index have been crushed down badly final week. The result of the US Federal Reserve assembly on Wednesday triggered a pointy fall in each the yields and the buck. The US Fed left the rates of interest unchanged at 5.25-5.5 per cent consistent with the market expectation. Nonetheless, … Read more