It slightly lower and above seven again. Guy italian btps firmly in focus. A big selloff in italian bonds. The british pound also under pressure. When do we go through 1. 20 . Vonnie lets take a look at the week that was through the numbers. The numbers that have moved the markets most this week is seven. Chinas daily currency fixing became a closely watched event. Monday triggered the biggest loss in the yuan since 2015, and a tumultuous week in markets as well. The episode leading to the u. S. Labeling china a currency manipulator, the latest escalation in the trade war that sent investors rushing once more toward haven assets. 15 trillion is the world stockpile of negative yielding bonds. , gold futurese hit a sixyear high wednesday. The precious metal has been one of the chief beneficiaries in the trade dispute between washington and beijing. To unpack all of the reaction, we are joined from st. Petersburg, florida by james , with about 10 billion under management. James, what was
Yesterday thanks to walmart and the good numbers we saw there. S p futures are indicated up by 28 points. The nasdaq up by 96 points again we are on the worst week for the stock market since may well see what happens today with the gains, or if they can hold on to them through the opening and the close later on today. The treasury market was different story. A lot of concern about whats happening with yields. The 30year fell below 2 for the first time in history. This morning its yielding 2. 026 the tenyear fell to the left level in three years this morning that yield is slightly higher, 1. 564 . Tenyear twoyear no longer inverted overnight in asia, we saw some green arrows some gains there the nikkei up barely the hang seng was up a percent the shanghai was up by a third of a percent in europe, londons ftse ohm ed higher after a nearly twohour delay because of a Technical Glitch elsewhere in europe, you can see the green arrows are there across the board the smallest advancer is the f
FIGS, Inc. (NYSE:FIGS – Get Free Report) shares were down 7.2% on Thursday . The company traded as low as $4.99 and last traded at $5.03. 1,397,332 shares changed hands during trading, a decline of 62% from the average session volume of 3,646,276 shares. The stock had previously closed at $5.42. Wall Street Analyst Weigh […]
Mairs & Power Inc. decreased its position in shares of Badger Meter, Inc. (NYSE:BMI – Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 141,376 shares of the scientific and technical instruments company’s stock after selling 4,314 shares […]
Avidity Partners Management LP decreased its stake in shares of Intra-Cellular Therapies, Inc. (NASDAQ:ITCI – Free Report) by 11.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 710,000 shares of the biopharmaceutical company’s stock after selling 91,100 shares during the period. Intra-Cellular Therapies accounts for about […]