European stocks kicked off the new quarter with gains on Thursday, as optimism around a new U.S. government spending plan and strong factory activity data out of the euro zone eclipsed concerns about another lockdown in France. The panEuropean STOXX 600 index rose 0.5, hovering just 2 points below its alltime high. The benchmark ended […]
TOKYO, April 1 Reuters Yields on Japanese government bonds rose on Thursday after the Bank of Japan BOJ said it will reduce the amount and frequency at which it buys debt, reflecting monetary policy changes made last month. The BOJs buying of conventional JGBs will fall by about 9 to 5.9 trillion yen 53.32 billion […]
AMSTERDAM, April 1 Reuters Euro zone bond yields held ground on Thursday, having little reason to change direction in a balancing act between extended lockdowns, central bank support and data pointing to signs of economic recovery. France announced late on Wednesday it would widen lockdown measures to the entire country starting Saturday, in the latest […]
Stocks crept higher on Thursday following their weakest quarter in a year, while higher Treasury yields supported the dollar, as investors parsed the details of a 2 trillion U.S. government spending plan and hoped for strong jobs data later in the week. MSCIs broadest index of AsiaPacific shares outside Japan rose 0.6 after a modest […]
The ECBs massive bondbuying programme has fuelled a bonanza in euro zone sovereign debt, with some investors vastly overstating their orders at debt sales in a bid to secure the coveted paper. But now some governments are starting to say, enough is enough. Borrowers including the European Union, France and Spain are moving to rein […]
SYDNEY, April 1 Reuters The Australian and New Zealand dollars were perilously close to major chart bulwarks on Thursday as the U.S. dollar continued its broad advance, though both currencies fared better against the lowyielding euro and yen. The Aussie eased to 0.7584, after failing to clear resistance at 0.7664. The focus was on the […]
WASHINGTON, March 31 Reuters Contracts to buy U.S. previously owned homes fell for a second straight month in February, signaling a cooling in the housing market in the months ahead as accelerating prices amid tight supply and rising mortgage rates reduce affordability. The National Association of Realtors NAR said on Wednesday its Pending Home Sales […]
Gold prices on Wednesday were trading on either side of unchanged in the final day of the month and quarter as investors parsed privatesector employment data ahead of a key jobs report due later this week. Commodity investors also were awaiting details on highly anticipated infrastructure plan from President Joe Biden, which could deliver another […]