Sterling Steadies after Dropping on Middle East Escalation

MidEast escalation pressures pound against safehaven dollar Data shows UK pay settlements at 2year low in 3months to Aug BoE speeches, services and construction surveys eyed Oct 2 Reuters The British pound steadied on Wednesday, a day after it fell sharply against the dollar as the growing conflict in the Middle East spurred demand for […]
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Futures in Japan Face Hangover from BOJs BondBuying Binge

Cheapesttodeliver cash bond set to be scarce Dealers wary of disruption to JGB futures Normal bond market is years away, says strategist TOKYOSINGAPORE, Oct 2 Reuters Japan39;s 9 trillion bond market is bracing for disruption as a shortage of paper caused by the central bank39;s massive buying is expected to hit the settlement of derivatives […]
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