What’s coming to markets I stopped by BNNBloomberg to talk about the Canadian dollar, Brexit fearmongering and my favourite trade. Would you like us to make more videos? Let us know by .
Forex news for North American trade on July 19, 2019: Markets: – Gold down $20 to $1425 – WTI crude up 65-cents to $55.95 – US 10-year yields up 3 bps to 2.05% North American…
Germany keeps its top rating Any country that can borrow at -0.3% for 10 years isn’t in danger of default. They get paid to take on debt. ForexLive
Comments from Iran via Reuters I really don’t think this is how WWIII starts but oil has been all over this tanker news and stocks are on the lows. ForexLive
Not incendiary Trump calls Iran ‘nothing but trouble’ and says the US will be talking to Iran about the seizure. He didn’t say that it crosses a line. ForexLive
Report says Paul met with Iran’s foreign minister Paul is on the committee on foreign relations, so it make some sense. It also indicates that no one else would meet with him.
Tanker tracker notes change A second tanker may also have been seized by Iran. Tanker Tracker notes that its course shifted sharply towards the north and to Iran.
Oil jumps Iran says the capture was because the tanker didn’t follow maritime rules. Oil caught a quick bid on the report, rallying to $55.77 from $55.40. Update: British officials are reportedly meeting now to…