![]() Greeting Cakes – Dual/Triple 8×12 Luscious Caramel 8×12 Premium Cake Petite Chocolate Mousse Petite Greeting Cakes – Classic 8×12 Pastel Blooms Marble 8×12 with Fillingĭisney Birthday Cake Minnie Birthday Choco 9″ Round HSB1: Greeting Cake (8×12) and Butter Puto HSB2: Greeting Cake (8×12) and Fluffy Mamon Bitbit 6s Happy Summer Bundles HSB3: Whole Roll and Ube Cheese Puto Gold futures rose 0.Recommend Cakes For You Avengers Birthday Choco 9″ Round.West Texas Intermediate crude rose 0.5 per cent to US$80.47 a barrel.Britain’s 10-year yield advanced two basis points to 4.33 per cent.Germany’s 10-year yield advanced two basis points to 2.49 per cent.The yield on 10-year Treasuries declined four basis points to 3.95 per cent.The Japanese yen fell 1.1 per cent to 141.07 per dollar.The British pound rose 0.5 per cent to US$1.2857.The euro rose 0.4 per cent to US$1.1022.The Bloomberg Dollar Spot Index fell 0.1 per cent.The Dow Jones Industrial Average rose 0.5 per cent.The S&P 500 rose 1 per cent as of 4 p.m.regional lenders posted their longest streak of weekly gains since March 2021, bolstered by a merger deal for PacWest Bancorp. Procter & Gamble Co. rallied Friday as the maker of Gillette razors reported earnings that beat estimates. Ford Motor Co. slipped as it expects to see losses from electric vehicles hit US$4.5 billion this year. Exxon Mobil Corp. retreated as it fell short of analysts’ expectations with a third straight drop in profit. “But the actual YCC change was not as dramatic as feared,” he noted. government bonds to buy the Asian nation’s debt. The rationale is: if yields in Japan become more attractive, there could be selling of U.S. debt, according to Dennis DeBusschere founder of 22V Research. Yields on 10-year Japanese government bonds jumped to their highest since 2014 as investors speculated whether this tweak was a precursor to more drastic changes for Japan’s ultra-easy monetary policy.Īny significant adjustment to the YCC policy would have implications for the Treasury market given that Japan households are one of the largest buyers of U.S. That paves the way for a future normalization of policy that has implications for a wide range of global assets and markets heavily exposed to Japanese money. Governor Kazuo Ueda announced Friday the central bank would allow yields to rise above a ceiling it now calls a point of reference. markets saw a reversal from Thursday, when anxiety was running high before the BOJ decision. In what looked like a “sell the rumor, buy the news” episode, U.S. This is fueling a strong market environment and the rally continues.” ![]() “Inflation is coming down, the economy is holding steady, and earnings thus far are coming in ahead of expectations. “The market has had a trifecta of good news over the last few weeks,” Donabedian said. With the macro environment being quite powerful right now, investors are buying the notion that the Fed has been able to bring inflation down without a recession, according to David Donabedian, chief investment officer of CIBC Private Wealth U.S. That’s a sharp reversal from last year, when such concerns drove steep equity losses. Nearly half of the Nasdaq 100 firms have reported their results, and executives are less frequently using words like “headwinds”, “inflation”, and “recession” in calls with investors, according to a Bloomberg analysis. are talking less about recession and more about artificial intelligence this earnings season - signaling that companies are increasingly optimistic about a soft economic landing. each climbed more than 4 per cent, while Intel Corp. rallied about 6.5 per cent on a bullish sales forecast. ![]() Megacaps led gains in equities Friday, with the Nasdaq 100 up almost 2 per cent and the S&P 500 rising 1 per cent and notching its third straight weekly advance. “This could be the catalyst to send the market to new highs.” It’s a week “chock full of economic data that all points to a higher probability of a soft landing,” said Gina Bolvin, president of Bolvin Wealth Management Group. has remained fairly resilient despite aggressive rate hikes, the reports fueled speculation the Federal Reserve will be able to avoid a recession. When taken together with recent figures showing the U.S. The stock market powered ahead as key gauges of inflation showed further easing while Americans grew more optimistic about the economic outlook. data bolstered bets on the so-called Goldilocks scenario of an economy that’s neither running too hot nor too cold. Wall Street shook off worries over the Bank of Japan policy tweak as another round of U.S.
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