Twice-daily market news and Bombatag research updates.
Treasury yields pushed to a fresh 5.26% close and gold suffered its sharpest drop in weeks, sinking 3.8% to about $4,123, as oil-driven risk-off pulled US and European stocks lower Monday.
Read More →Oil reversed Friday's easing after President Trump said he rejected Iran's latest proposal to reopen the Strait of Hormuz, while crypto majors slid broadly overnight and dogecoin underperformed.
Read More →A choppy Friday session ended close to unchanged on both sides of the Atlantic as oil pared back its overnight spike and Treasury yields notched a fresh multi-decade high. The day's more interesting divergence was inside crypto: Solana, XRP and dogecoin rallied while bitcoin drifted, giving back an early morning high.
Read More →Oil spiked to $108 after a Houthi missile strike on Saudi Arabia before Iran's UN signal on Hormuz pared the move, while the 10-year Treasury yield pushed on to a fresh 5.225% overnight record.
Read More →The 10-year Treasury yield pushed to its highest since 2007, but reports of Hormuz reopening talks and a two-month US-China trade truce extension pulled stocks and bitcoin off their session lows.
Read More →Xi Jinping arrived in Washington for his first US state visit in over a decade, setting up Thursday's Trump-Xi summit, as Wall Street closed lower for a second straight session on surging Treasury yields.
Read More →A hot US PMI reading and hawkish comments from Fed Governor Michael Barr sent the 10-year Treasury yield to its highest level since 2007, lifting October rate-hike odds above 70% and dragging equities and crypto lower in tandem.
Read More →Meta's new Muse AI agent added roughly $192 billion in market value and dragged the Nasdaq to a record close, but its promise of disrupting 'consumer inertia' businesses hit banks, insurers and travel stocks. Xi Jinping lands in Washington today ahead of Thursday's summit with Trump.
Read More →Oil swung nearly $3 a barrel intraday after President Trump told the UN he expects a deal with Iran once November's midterms are over, dragging US and European equities along for the ride. Bitcoin fell overnight before clawing back almost all of the loss by the US close.
Read More →Bitcoin eased back from its overnight eight-month high to $85,533 early Tuesday as US equity futures firmed and European markets slipped, with Wall Street looking past a hawkish Fed toward Thursday's Trump-Xi summit.
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