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Rich Asplund

Dollar Rallies as Iran War Boosts Crude Prices and Bond Yields

Iran United States Tom Barkin BOJ ECB Inflation Richmond Fed Gold PBOC the Middle East

The dollar index (DXY00) on Thursday rose by +0.43%. The dollar rallied on Thursday as soaring crude prices boosted T-note yields and strengthened the dollar's interest rate differentials. Also, Thursday's US economic reports, which showed a smaller-than-expected increase in weekly jobless claims and a larger-than-expected increase in Q4 nonfarm productivity, were supportive of the dollar. In addition, Thursday's stock sell-off boosted liquidity demand for the dollar. Gains in the dollar accelerated Thursday on hawkish comments from Richmond Fed President Tom Barkin, who said he expects "a couple of months of high inflation."

US Feb Challenger job cuts fell -71.9% y/y to 48,307.

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Michael King Pushed the Boundaries of MLB History to Save the Padres’ Season

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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Michael King Pushed the Boundaries of MLB History to Save the Padres’ Season

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King recorded a historic six-out save just two days after starting Game 2 to keep San Diego alive in the NLDS against the Brewers.

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Flydubai attack investigation widens as alleged hijacker’s training in New Zealand scrutinised

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Kansas neighbour cut 133 trees, some 70 feet onto adjoining land; court upholds $6,500 award

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Germany’s former spy chief arrested over alleged treason: 2,000 classified documents at centre of probe

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The Times of India

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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Florida Governor Ron DeSantis has declared an emergency in 25 counties as Tropical Depression Nine tracks towards the Gulf Coast with hurricane-strength conditions possible near landfall.

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