Oil futures climbed on Friday, erasing previous losses to finish higher for the week. “The Colonial Pipeline debacle got most of the attention from energy traders this week…” said Tyler Richey, co-editor at Sevens Report Research. Click here to read the full article.
“Futures are moderately higher on momentum from Thursday’s rebound combined with a drop in industrial metals’ prices…” writes Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
On the other hand, “the threat of stagflation continues to emerge as an underlying market theme, and that is supportive of gold for one main reason…” analysts at Sevens Report Research, wrote in Tuesday’s newsletter. Click here to read the full article.
Sevens Report Research Founder & President Tom Essaye joins Yahoo Finance Live to discuss the latest market action following better-than-expected jobless claims. Click here to watch the full interview.
“Futures are modestly lower on disappointing economic data…” wrote Tom Essaye, founder of Sevens Report Research in a note. Click here to read the full article.
Some have speculated that while the Federal Reserve has reiterated it is sticking with current policy for now, fast-recovering inflation could force it to reduce support. “Yesterday is likely the day that central banks began the long trip back…” wrote Tom Essaye, founder of Sevens Report Research, in a note. Click here to read the full article.
The yield fell to 1.55% from 1.63%. Once it fell below 1.60%, those who were short the bonds rushed to buy them back, according to Sevens Report Research. That sent the price higher and…Click here to read the full article.
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The latest string of strong economic data, including the good March U.S. jobs report last Friday and ‘hot’ ISM purchasing managers surveys, have “suggested the economic recovery is accelerating,” said Tyler Richey, co-editor at Sevens Report Research. Subsequently, 5-year…Click here to read the full article.
Additionally, sentiment is positive as vaccinations in the U.S. and around the world continue. On Monday, the Dow closed with an over 374 point gain or 1.13%. Tom Essaye, the founder of Sevens Report Research, stated that “futures are modestly higher on momentum from…” Click here to read the full article.
“I think what we’ve seen over the past couple days is some end-of-quarter…” Tom Essaye, Sevens Report Research founder, told Yahoo Finance. Click here to read the full article.