Joe Biden promised to rebuild the abused American economy and tackle the coronavirus pandemic when he accepted the Democratic nomination on Thursday night, and threw himself as an ointment for a nation wounded by President Donald’s policies. Trump. In a speech that differentiated between airy rhetoric and specific proposals, Biden …
Read More »
The European currency traded at $ 1.19 on Tuesday EURUSD, + 0.53%, about 7% up since the beginning of the year and more than 11% since March 20, round the time lockdowns were implemented across the continent. The European currency is now at its highest level since May 2018, and …
Read More »
U.S. Treasury revenue has rebounded to begin the week on Monday, after a few economic reports provided a mixed picture of the economy’s health. What do Treasurys do? The 10-year Treasury note yields TMUBMUSD10Y, 0.682% fell 2.3 basis points to 0.655%. Last week, the moderation period on Thursday hit an …
Read More »
“ “The Spanish Armadas have nothing to do with Trump supporters.” ” That’s Fox News host Pete Hegseth comparing the big boat parade of Trump supporters in Florida on Saturday to the Spanish Armada … which, incidentally, was crushed by the British in 1588. Here is the clip: The Spanish …
Read More »
It’s a popular time to be a dollar, with the Federal Reserve executing the proverbial money pressures as fast as possible, and the dollar index DXY, -0.13% closer to 10% down from its March highs. Robin Brooks, chief economist at the Institute of International Finance and former chief global currency …
Read More »