Chinese President Xi Jinping wrapped up the People's Congress with a power move that vanquished his rivals and humiliated his predecessor.The moves leave no doubt that he personally consolidated power at the event,...
Markets:Gold up $27 to $1654US 10-year yields down 1 bps to 4.22%WTI crude oil up 48-cents to $84.99S&P 500 up 88 points to 3754JPY and AUD lead, USD lagsThis week had it all...
<p>On the day:</p><ul><li>S&P 500 up 91 points to 3766, or 2.5%</li><li>Nasdaq Comp +2.3%</li><li>Russell 2000 +2.3%</li><li>DJIA +2.5%</li><li>Toronto TSX +1.5%</li></ul><p>On the week:</p><ul><li></li><li>S&P 500 +4.7%</li><li>Nasdaq Comp +5.2%</li><li>DJIA +4.9%</li></ul><p>This is a nice daily candle but it will...
Bank of America's fund manager survey released this month said US dollar longs were the most-crowded trade on the planet.When that kind of thing unwinds, this is what it looks like. US dollar...
Bloomberg reports that the US may aim to set the Russian oil price cap above $60 per barrel. That's higher than previously the $40-60 range previously signaled.I'm starting to get the sense that...
