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Adam Button

US SPR shifts the timing of final 10 million barrels of SPR sale into November

US officials are out with a clumsy statement about a 10 million barrel SPR release in November. The statement sounds like it will add another 10 million barrels but it's just changing the...

Forexlive Americas FX news wrap: US dollar gives a bit back after UMich

Markets:WTI crude oil up $0.21 to $85.30US 10-year yields down 1 bps to 3.45%Gold up $10 to $1673S&P 500 down 28 points to 3873, or 0.7% -- down 4.8% on the weekNZD leads,...

Forexlive Americas FX news wrap: Canadian jobs report misses badly

Markets:S&P 500 up 61 points, or 1.5%, to 4067US 10-year yields up 2.5 bps to 3.31%WTI crude oil up $2.78 to $86.32Gold up $8 to $1715AUD leads, USD lagsThe economic highlight was the...

TD: Base case is for ECB 50bps hike; Fade EUR/USD rallies on 75bps hike

TD Research discusses its expectations for tomorrow's ECB policy decision."The outcome is near a coin toss, but ultimately we sit (just) on the 50bps hike side for September's decision. Both outcomes are likely...

Germany unveils €65 billion package to subsidize energy prices

Germany's coalition parties agreed to a €65 billion package to shied consumers and businesses from energy price hikes on Sunday. The package will be paid for via an energy windfall tax and bringing...

Forexlive Americas FX news wrap: Pipeline cutoff overshadows non-farm payrolls

Markets:NZD leads, GBP lagsS&P 500 down 42 points to 3924. Down 3.3% for the weekGold up $14 to $1709US 10-year yields down 7 bps to 3.19%WTI crude down 43 cents to $87.04The day...

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