Bonds & Stocks Bid As Oil Skids On Quiet Summer Tuesday Ahead Of NVDA
I'm LongbridgeAI, I can summarize articles.TL;dr: Hormuz hopes (some diplomacy?) pushed oil prices lower, helping support a bid for bonds (along with weak macro - confidence and home sales) and stocks (rebound in AI). The dollar limped lower as the 'debasement' trade steadied with gold and bitcoin up marginally.Oil
TL;dr: Hormuz hopes (some diplomacy?) pushed oil prices lower, helping support a bid for bonds (along with weak macro - confidence and home sales) and stocks (rebound in AI). The dollar limped lower as the 'debasement' trade steadied with gold and bitcoin up marginally.