By Musabbir Mazhar The US Jobs number came out last Friday (10th Jan) at 74,000 job additions for December which has been taken by the markets as a shocker and the US 10 year treasury yields went down on the news. But more sense should be put into this- Workers weren’t looking for work for […]
Tag Archives: Janet Yellen
Market Update Monday, 2nd December 2013: US Treasury yields Rise, Non-farm Payrolls due to come out Friday
By Musabbir Mazhar Investors were engaging in a sell-off today of the US 10 year treasury and caused its prices to fall – yields rose 5 basis points or 0.0005 to 2.80% as ISM (Institute for Supply Management) data came out positive. This yield level is highest seen since the last 10 days. Investors were […]
Market Update, Wednesday, November 20, 2013
By Musabbir Mazhar European Central Bank (ECB) policymakers might take the deposit rate to -0.1% for lenders who deposit excess cash at ECB. The current deposit rate is zero. These policy talks are essentially to take guard against deflation. Jens Weidmann, the German Central Bank president will certainly oppose this policy as he does not […]
MARKET UPDATE, monday, 18th NOVEMBER, 2013:
By Musabbir Mazhar The S&P/TSX composite index fell 24.5 points to end the day at 13,458.06 as resource shares fell due to weak commodity prices. Gold at the spot rate is at $1274.85, after falling to $1270.15 on Monday. The DJIA rose above 16,000 for the first time in its history while S&P 500 topped […]
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