17.05 - Treasuries and oil at new heights.
- Anna K.
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New import tariffs of the USA are forcing another country to push back via WTO as the oil prices together with 10-year US Treasuries yields are going to the new levels in years.
New import tariffs of the USA are forcing another country to push back via WTO as the oil prices together with 10-year US Treasuries yields are going to the new levels in years.
Today's Stock Market Report:
Helium was up, feathers were down.
Paper was stationary.
Fluorescent tubing was dimmed in light trading.
Knives were up sharply.
Cows steered into a bull market.
Pencils lost a few points.
Hiking equipment was trailing.
Elevators rose, while escalators continued their slow decline.
Weights were up in heavy trading.
Light switches were off.
Mining equipment hit rock bottom.
Diapers remained unchanged.
Shipping lines stayed at an even keel.
The market for raisins dried up.
Coca Cola fizzled.
Caterpillar stock inched up a bit.
Sun peaked at midday.
Balloon prices were inflated.
Scott Tissue touched a new bottom.
And batteries exploded in an attempt to recharge the market.
Dollar rose to the highest point in 5 months, oil is still above $70 per barrel level, metals are recovering. The first bank blockchain transaction took place and there might be a new cool destination for international investors.
With all the markets being mostly shaky or in the red there are concerns about the geopolitical situation in the Middle East and the way it may influence oil prices in the world.