Dollar Chart Suggests Recovery could have Legs

March 15 Reuters Betting against the dollar was one of investors favorite trades at the start of 2021, but the U.S. currency is now recovering and technical analysis patterns from recent years suggest it could recoup a third or, potentially, all of last years 13 drop. Charts show the 2020 fall in the dollar index […]
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Australian Bond Futures Slide on Inflation Fears, A Slips

SYDNEY, March 15 Reuters Australian threeyear bond futures dipped to a oneweek low on Monday, implying yields of nearly 0.3, as investors feared a stellar economic recovery would rekindle inflation and spur interest rate hikes. A global bonds selloff gathered momentum last month on worries massive U.S. fiscal stimulus and pentup consumer demand would flare […]
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Japanese Shares Gain on Economic Rebound Hopes

TOKYO, March 15 Reuters Japanese shares rose on Monday as optimism around the passage of a massive U.S. stimulus package boosted cyclical shares, although declines in tech stocks weighed on the benchmark. The Nikkei share average edged up 0.3 to 29,806.41 by 0219 GMT, while the broader Topix rose 0.66 to 1,963.81 Todays market in […]
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Investors Dump Bonds and Gold, Pile Into Equities BofA

Investors piled into equities, while pulling money out of gold and bonds in the week up to March 10, data from BofA Global Research showed. BofAs weekly flows report showed investors put 31.5 billion into equities, while taking 1.8 billion out of gold and 15.4 billion out of bonds. Bond yields spiked higher last week […]
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