EghtesadOnline: What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week.
EghtesadOnline: Oil slid to a two-week low and headed for its longest losing streak in two months as a plunge in global equities dragged other markets lower.
EghtesadOnline: The rally in global equities sputtered as traders grew more skeptical about the efficacy of central bank stimulus amid mixed economic data. Oil tumbled.
EghtesadOnline: U.S. Treasuries are set for their biggest monthly loss since June 2015 after a slew of hawkish rhetoric from Federal Reserve officials that’s revived the dollar and weighed on metals prices. Oil swung into a bull market in August and Chinese shares led gains in global equities.
EghtesadOnline: Global equities advanced with commodities and emerging markets on speculation the U.S. economy is strong enough to sustain growth while only triggering a gradual increase in interest rates.