Retreat in US yields and Nvidia’s Earnings Provide Come Calm: SPDR S&P Semiconductor, Nikkei 225, Silver

Market participants piled back into tech stocks overnight, as a retreat in the US 10-year Treasury yields from its 16-year high eases some market anxiety for a high-for-longer rate outlook.

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Crude Oil Price Loses Grip as Despite Optimism Taking Hold. Where to for WTI?

Crude oil prices are under pump going into Thursday’s trade and ahead of the Fed’s Jackson Hole symposium later today. If the Fed messages a more hawkish posture, will that sink WTI?

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USD/JPY Update: PMI Data, US Yields Provide USDJPY Reprieve

USD/JPY accelerated the intra-day decline at the release of US PMI data, showing cracks within the robust US economy. Yields, USD sharply lower as JPY catches broad bid

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USD/CAD Retreats Following Lackluster US PMI, Mixed CAD Retail Sales Data

US PMI continued the trend today and missed estimates showing signs that the rate hike cycle is being felt. Canadian retail sales provided mixed signals with USDCAD eyeing Jackson Hole for its next move. Retracement incoming or consolidation ahead?

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