Wall Street's three major indexes rose for a second day as optimism over a potential U.S.-Iran ceasefire agreement drove oil prices sharply lower, with the Dow gaining 0.55%, S&P 500 up 0.17%, and Nasdaq advancing 0.09% amid volatile trading driven by conflicting reports on nuclear negotiations.
#YonhapInfomax #WallStreet #USIranNegotiations #OilPrices #QuantumComputing #Walmart #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121874US Treasury's $19 billion 10-year TIPS auction settles at 2.169% yield, 1.9bp above expectations, as foreign demand weakens with indirect bidder rate falling to 61.4% while primary dealers absorb 11.1% of unsold securities
#YonhapInfomax #10YearTIPS #TreasuryAuction #YieldIncrease #ForeignDemand #BidtoCoverRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121870
Weak Demand for US 10-Year TIPS Pushes Yields Above Expectations
US Treasury's $19 billion 10-year TIPS auction settles at 2.169% yield, 1.9bp above expectations, as foreign demand weakens with indirect bidder rate falling to 61.4% while primary dealers absorb 11.1% of unsold securities
U.S. Secretary of State Marco Rubio signals cautious optimism on Iran nuclear negotiations, noting "some progress" while emphasizing President's preference for diplomatic solution but warning alternative options remain on table as Pakistani delegation heads to Tehran.
#YonhapInfomax #MarcoRubio #IranNegotiations #DiplomaticProgress #NuclearDeal #PakistanMediation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121868Bank of England's dovish MPC member Alan Taylor argues against overreacting to Iran war-driven oil price surge, citing sufficient restrictiveness in the system and lower second-round inflation risks compared to 2022 Ukraine crisis, while acknowledging trade-offs facing weak UK economy amid supply shocks.
#YonhapInfomax #BankOfEngland #AlanTaylor #IranWar #InflationRisks #MonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121867
BOE 'Dove' Says No Need for 'Knee-Jerk Reaction' to Iran War
Bank of England's dovish MPC member Alan Taylor argues against overreacting to Iran war-driven oil price surge, citing sufficient restrictiveness in the system and lower second-round inflation risks compared to 2022 Ukraine crisis, while acknowledging trade-offs facing weak UK economy amid supply shocks.
Al Jazeera denies reports of Iran's Supreme Leader ordering against uranium exports, causing oil prices to pare gains as WTI crude retreats from session highs near $102 per barrel to trade around $101 level.
#YonhapInfomax #IranUraniumExport #AlJazeera #WTICrude #OilPrices #SupremeLeader #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121866US initial jobless claims fell to 209,000 for the week ending May 16, matching market expectations and declining 3,000 from the previous week, while continuing claims rose to 1.782 million, signaling mixed labor market conditions as the four-week moving average dropped to 202,500.
#YonhapInfomax #JoblessClaims #USDepartmentOfLabor #LaborMarket #UnemploymentBenefits #ContinuingClaims #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121862
US Weekly Jobless Claims Fall to 209,000, Below Expectations
US initial jobless claims fell to 209,000 for the week ending May 16, matching market expectations and declining 3,000 from the previous week, while continuing claims rose to 1.782 million, signaling mixed labor market conditions as the four-week moving average dropped to 202,500.
Bank of Japan might be behind the curve on interest rate increases
The wait-and-see approach is becoming an issue with yen weak, bond prices falling and doubts increasing about fiscal discipline.
UK economy contracts in May as composite PMI falls to 48.5, lowest in 13 months, driven by sharp services sector decline to 47.9 amid economic uncertainty and Iran war impact, while manufacturing holds steady at 53.7 on front-loading demand
#YonhapInfomax #UK Composite PMI
#Services Sector
#Manufacturing PMI
#Economic Contraction
#SP Global
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121855South Korea's Finance Ministry announces 500 billion won treasury bond issuance through non-competitive subscription on May 28th, targeting enhanced liquidity for 20- and 30-year off-the-run bonds following WGBI inclusion, with rates to be determined based on market conditions
#YonhapInfomax #TreasuryBonds #WGBI #MinistryOfEconomyAndFinance #OffTheRunBonds #BondIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=121852
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