Investors are closely watching the upcoming consumer price index (CPI) report for June, which is set to be released at 8:30 a.m. Eastern. As a result, bond yields experienced a decrease early Wednesday as traders positioned themselves ahead of this crucial data. Yield Movement Here is a breakdown of the yield movement for various Treasury bonds: The yield on the 2-year … [Read more...] about Bond Yields Decline Ahead of Inflation Data
Forex News
U.S. Dollar Falls as Inflation Slows to Lowest Level
The U.S. dollar experienced a decline on Wednesday following the release of the consumer-price index for June, which indicated a slowdown in the rate of inflation to its lowest level since 2021. According to Dow Jones Market Data, the ICE U.S. Dollar Index DXY, a measurement of the currency against six major rivals, dropped to 100.69 on Wednesday, marking its lowest level since … [Read more...] about U.S. Dollar Falls as Inflation Slows to Lowest Level
Americans Flocking to Europe for Summer Travel
After three summers of Americans vacationing domestically, there has been a significant shift towards international travel this summer, according to Truist analyst Patrick Scholes. Allianz Partners, a travel insurer, predicted in May that the number of Americans traveling to Europe would increase by 55% compared to last summer. U.S.-based tour operators are also seeing strong … [Read more...] about Americans Flocking to Europe for Summer Travel
Tornado Touches Down Near Chicago’s O’Hare International Airport
Severe Weather Warning Leads to Confirmed Tornado The National Weather Service has reported that a tornado touched down near Chicago's O’Hare International Airport following severe weather warnings for the city. The tornado was confirmed to be on the ground around 7 p.m. on Wednesday, as stated by the National Weather Service in Chicago. Seek Shelter in the Warned … [Read more...] about Tornado Touches Down Near Chicago’s O’Hare International Airport
Harnessing the Power of Volatility: Unlocking the Potential in Your Portfolio
It’s quite likely that your portfolio contains an asset that you aren’t managing to the fullest. That asset is volatility. A Shift in Perspective: Seeing Volatility as an Asset Class Until recently, I didn't believe that volatility was indeed an asset class--even when I was steeped in it during my decades as an options market maker. To be sure, volatility was a key input to … [Read more...] about Harnessing the Power of Volatility: Unlocking the Potential in Your Portfolio
