tyb
Gold futures fall by more than 2% as U.S. Treasury yields rise
Gold futures dropped Wednesday as U.S. 10-year Treasury yields jumped above 1% for the first time since March, dulling demand for the precious metal, which offers no yield. Still, "given how markets are focusing on the Georgia senate election results and the possibility of a Democrat sweep, this should provide the precious metal a tailwind in the near term," said Lukman Otunuga, senior research analyst at FXTM. "Such an outcome may pave the way for larger fiscal stimulus, essentially weakening the dollar further." February gold GCG21, -2.36% fell $45.80, or 2.3%, to settle at $1,908.60 an ounce.
https://www.marketwatch.com/story/gold-futures-fall-by-more-than-2-as-us-treasury-yields-rise-2021-01-06
https://www.marketwatch.com/investing/future/GCG21
https://www.kitco.com/charts/livegold.html
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://finance.yahoo.com/quote/%5EDJI
Muh unmentionable (in FIN press) Silver coming back pretty good after the hit job on both-cap#3
The market open was basically a panic buy from the start.
Shorts covering and pretty big volume spike early on (red dot cap #5)
Roger
had three separate tabs going earlier and still couldn't keep up.
Got to do doggo but don't want to leave!
GTMO845 US Navy Beech Huron departed Ft. Lauderdale after ground stop
15-3086 USAF C-146A Wolfhound departed Cartagena, Columbia after an overnight and back to Homestead ARB where it departed from yesterday and stopped at Cartagena and Bogota prior to returning to Cartagena
Not wrong eben then
>>36400 pb
U.S. Considers Adding Alibaba, Tencent to China Stock Ban
U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd. and Tencent Holdings Ltd. , said people familiar with the matter. In recent weeks, State Department and Department of Defense officials have held conversations on expanding a blacklist of companies that are prohibited to U.S. investments because of claimed ties to China’s military and security services. The U.S. government announced its original blacklist in November with 31 companies. The departments have debated with the Treasury Department over whether adding these firms could have wide capital-markets ramifications, the people said. The plan is still under deliberation and may not go through as agencies debate its impact on markets, the people added.
Tencent and Alibaba are China’s two most-valuable publicly listed companies with a combined market capitalization of over $1.3 trillion, and their shares are held by scores of U.S. mutual funds and other investors. If enacted, the move would be a major escalation by the exiting Trump administration on its efforts to unwind U.S. investors’ holdings in major Chinese companies.
https://www.wsj.com/articles/u-s-considers-adding-alibaba-tencent-to-china-stock-ban-11609961075
noticed a few hiccups here but south of you
from Dec 27
Alibaba Group increases share repurchase programme to $10 bln
Alibaba Group Holding Ltd said on Sunday its board has authorized an increase in the company’s share repurchase programme to $10 billion from $6 billion.
"This Share Repurchase Program will be effective for a two-year period through the end of 2022," Alibaba said in a statement
https://www.reuters.com/article/alibaba-buyback/alibaba-group-increases-share-repurchase-programme-to-10-bln-idINL4N2J801Q
BWAHAHAHA!