EUR/USD 1.15138
-0.211%
Gold 4676.00
-1.726%
Oil 103.832
10.230%
USD/JPY 159.633
0.024%
GBP/USD 1.31935
-0.245%
GBP/JPY 210.577
-0.197%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Bahrains national oil and gas company confirmed that an incident occurred at one of its oil storage facilities on Sunday following an Iranian attack, resulting in a fire in the oil tanks. The fire has been completely extinguished, the situation is under control, and damage is currently being assessed. No casualties have been reported.April 5th - According to the Financial Times, the UK is trying to persuade Anthropic to expand its operations in the country. The report, citing sources familiar with the matter, stated that the UK governments proposals to Anthropic range from expanding its London office to a dual listing. Neither Anthropic nor the UK Department for Science, Innovation and Technology immediately responded to Reuters requests for comment. Prime Minister Starmers office has been supporting the Department for Science, Innovation and Technologys efforts, and the UK will present these proposals to Anthropic CEO Dario Amodei during his visit to the UK at the end of May. The US government previously blacklisted Anthropic, deeming it a national security supply chain risk because Anthropic refused to allow the military to use its AI chatbot Claude in US surveillance or autonomous weapons systems. A US judge has temporarily blocked the blacklist, and the AI startup has filed a second lawsuit related to this supply chain risk assessment, which is still pending.The local governor said an oil pipeline in Primorsk, a Baltic port in Russia, was damaged in a Ukrainian drone attack.On April 5th, Planet Labs, a San Francisco-based remote sensing satellite data company, announced on April 4th that it would indefinitely suspend the release of satellite imagery of Iran and conflict zones in the Middle East, at the request of the U.S. government. Planet Labs announced the decision in an email to its clients, stating that the U.S. government had instructed all satellite imagery providers to indefinitely cease providing imagery of the conflict areas. Last month, Planet Labs had already extended the imagery release delay from four days to 14 days; this new restriction is a further escalation of measures aimed at preventing adversaries from using the imagery to attack the United States and its allies.On April 5th, German Foreign Minister Waldfol called on the EU to abolish the principle that decisions require unanimous consent from all member states in order for the EU to "truly grow." According to German sources on April 4th, Waldfol proposed abolishing the principle of unanimous consent in foreign and security policy formulation before the next European Parliament elections, so that the EU can "better act internationally and truly grow." Regarding the reasons for this suggestion, Waldfol said, "All our experiences in recent weeks regarding aid to Ukraine and sanctions against Russia show that this should be done." Since the escalation of the Ukraine crisis on February 24, 2022, Hungary has frequently disagreed with most EU countries on its policies towards Russia and Ukraine, opposing sanctions against Russia, Ukraines accession to the EU, and the provision of military aid to Ukraine. On March 19th of this year, Hungarian Prime Minister Viktor Orbán blocked a €90 billion aid loan from the EU to Ukraine at the EU summit.

S&P 500 Retreats As Treasury Yields Test New Highs

Cory Russell

Oct 20, 2022 15:36

微信截图_20221020152704.png

Settled S&P 500 Below 3700

As traders paid attention to the events in the Treasury markets, the S&P 500 fell below the 3700 mark. Treasury yields hit fresh highs today after gaining significant upward momentum. While the yield on 10-year Treasuries managed to stabilize above 4.10%, the yield on 2-year Treasuries crept closer to 4.55%.


Unsurprisingly, the U.S. dollar received significant support from higher rates. Stronger dollar and higher Treasury rates acted as stock market negative drivers.


The trading session today saw quite a few prominent losers. After lowering its full-year outlook, Generac, which develops and produces power generating equipment, saw a 25% fall. After missing analyst sales and profit expectations, M&T Bank dropped 14%.


As Treasury rates touched new highs, it should come as no surprise that REITs had the poorest performance in the market. Leading tech companies including Amazon, Microsoft, and Alphabet were all down by approximately 1% as investors continued to take gains after the recent recovery.


As WTI oil rose back over the $85 mark, energy equities including Baker Hughes, Valero Energy, Halliburton, and Schlumberger saw gains of 4–5%.


After the release of its third-quarter report, Tesla shares fell in the after-market session, reaching a low of $210. The business posted profits of $0.95 per share and sales of $21.45 billion. The next earnings call, which might significantly affect the dynamics of Tesla stock, will continue to be the focus of traders.


Following the release of its third-quarter earnings, IBM acquired significant upward momentum and climbed near $129 per share. The business said that for the whole year 2022, constant currency sales growth will exceed its mid-single digit estimate. In the post-market session, support for IBM shares came from an improvement in the expectation for sales growth.

Suggestion