We did have a nice rally at the open. It's all but disappeared. Uh crude is now moving up.It was lower. The market liked it. Now crude is higher.Moving back towards 97 a barrel. Uh Weiss. I mean this seems pretty pretty obvious at this point.Stocks are going to have a hard time finding the footing that I suggest they're looking for. As long as the straight of Hormuz uh remains effectively closed, despite efforts by members of the administration to ease concerns about that, there are plenty of concerns and t ...

The financials-heavy Dow was hit the hardest this week, putting it on track for its biggest monthly losses since December 2024. A Commerce Department ‌report showed economic growth ⁠slowed more sharply ⁠in the fourth quarter, following downward revisions to Traders now see one 25 basis point interest rate cut by the "This adds to the stagflation narrative, which is one of the big market fears. If we're going to continue to see pressures from higher oil prices while at the same time the economy is slowing ...

Though the U.S. dollar index (DXY) is still struggling to surpass 100 points, the Donald Trump administration thinks the global demand for the dollar is massive and will only grow. And the White House has pinned its hope on a law focused on "digital dollars." Related: Explained: What is a stablecoin? One battle after another It was in July 2025 that Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law. The legislation aims to regulate stablecoins pegge ...

A reading on the Federal Reserve's preferred inflation gauge released Friday for January, before the Iran war, showed inflation remained sticky, reinforcing the case for the central bank to hold interest rates steady for now. The Personal Consumption Expenditures index for January rose to a two-year high of 3.1% on a "core" basis, which excludes volatile food and energy prices. That's up a tenth of a percentage point from December's core print of 3% and holding at a full percentage point above the Fed's 2 ...

Core Viewpoint - Agi Inc, a technology-driven financial services provider in Brazil, is set to announce its fourth quarter and fiscal year 2025 financial results on March 23, 2026, after market close, and will host a conference call to discuss these results [1] Group 1: Financial Results Announcement - Agi Inc will release its fourth quarter and fiscal year 2025 financial results on March 23, 2026, after the market closes [1] - A conference call will be held on the same day at 5:00 PM ET (6:00 PM BRT) to discuss the results [1] - The conference call can be accessed via Zoom and phone, with a live webcast available on Agi's investor relations website [1] Group 2: Company Overview - Agi Inc aims to provide a banking experience that is inclusive and empowering for all Brazilians, addressing the needs of customers often overlooked by traditional banks [1] - The company operates a hybrid model that combines a fully digital bank with physical branches, offering a unique customer experience [1] - Agi's approach is designed to attract more customers and build long-lasting relationships, creating a competitive advantage in the market [1] Group 3: New Business Initiatives - Agibank, a subsidiary of Agi Inc, has launched a new asset management division to expand its market presence [1] - This new business vertical will leverage the bank's credit expertise to structure creative financial solutions [1]

FundBank, the US institutional banking firm founded by former Waystone executives, has made a major investment to acquire the Irish blockchain startup Trrue Chain. The deal is worth €10million ($11million).The acquisition is the first in a series of strategic moves by FundBank to establish itself as a global leader in the support of digital and crypto assets. The timing of the deal aligns directly with a marked increase in demand among institutional asset allocators and fund managers who are now integrating ...

Key TakeawaysPresident Trump informed G7 leaders that Iran is "about to surrender," though he notably did not specify a firm date for the conclusion of the ongoing military conflict.Tehran was rocked by explosions near a pro-government Quds Day march on Friday, as the US-Israeli campaign targeting Iranian infrastructure enters its third week.China’s February credit data significantly outperformed expectations, with Aggregate Financing hitting 9.6 trillion CNY against a 9.245 trillion CNY estimate.India has ...

Goeasy shares were down $65.90 or 57% at $49.65 in afternoon trading on the Toronto Stock Exchange. The company said it expects to take a $178-million charge for bad loans related to its LendCare business in its fourth quarter and a related writedown of about $55 million for loan interest and fees. It also expects a net increase in allowance for credit losses on gross consumer loans receivable in the quarter of $86 million compared with the amount reported at Sept. 30.Goeasy also announced Felix Wu has been ...

Core Viewpoint - There is a strong demand for tax-free municipal bonds from California issuers, benefiting borrowers even those without AAA credit ratings [1] Group 1: Market Dynamics - U.S. state and local government debt has become more expensive this year, with the 10-year municipal benchmark yielding about 64% compared to similar U.S. Treasuries, attracting new investments [2] - California municipal bond funds have seen inflows exceeding $18 billion this year, marking the third highest on record according to JPMorgan Chase & Co. [2] Group 2: Upcoming Bond Issuance - California is planning a $2.5 billion debt sale, which is expected to be well received due to elevated yields compared to secondary market trading [3] - The upcoming bond offering includes $1.4 billion in general obligation bonds and $1.1 billion in refunding bonds, aimed at financing voter-approved projects [4][5] Group 3: Pricing and Yields - California borrowers have experienced favorable pricing for short-dated maturities, with recent bond sales offering yields lower than AAA-rated debt [6] - For the upcoming bond deal, some two-year maturity bonds are being offered at a yield of 2.14%, aligning with AAA debt yields [7] Group 4: Investor Sentiment - Some investment firms, like Cavanal Hill Investment Management, tend to avoid California bonds due to their high relative pricing and the combination of heavy local demand and high state income tax rates [8]

Group 1: Market Overview - The XJO index has seen a decline from a record high of 9,200 points to around 8,600 points due to geopolitical tensions following US and Israel's actions against Iran [2] - A surge in shipping insurance and disruptions in oil flows through the Strait of Hormuz have created a shipping crisis reminiscent of the COVID-19 pandemic [4] - Brent crude prices have risen above US$100 per barrel, contributing to expectations of rising interest rates from Australia's Big 4 banks and US investment banks [5] Group 2: Company Developments - Australian mattress company Koala plans to IPO next month despite the ongoing cost of living crisis and high interest rates, raising questions about the timing of this move [9] - Lynas Rare Earths has secured a deal with a Japanese-government-linked entity to supply thousands of tonnes of neodymium annually until the late 2030s at a price floor of US$110 per kilogram [10] - BHP Ltd is facing deteriorating negotiations with China over iron ore prices, while Rio Tinto is grappling with demands for higher payments from Mongolia's new government [10] Group 3: Trading Trends - A significant increase in retail traders participating in oil trading was noted when prices surpassed US$110 per barrel, indicating a blend of speculative and legitimate trading activity [10] - Gold prices have shown a tendency to dip whenever oil prices rise, suggesting a dynamic trading environment among commodity traders [10]