Banks, Miners Drag FTSE 100 Lower; Hammerson Jumps

April 12 Reuters Londons FTSE 100 fell on Monday, dragged lower by heavyweight banking and mining stocks, while shares of shopping centre operator Hammerson gained on plans to shore up its finances. The bluechip index slipped 0.2 after recording its best weekly performance since earlyJanuary on Friday. The wider banks index slid 0.8, with HSBC […]
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JGB Yields Track Treasuries Higher

TOKYO, April 12 Reuters Japanese government bond yields rose on Monday, tracking similar move in Treasuries after higherthanexpected producer prices data for March signalled higher inflation, while demand for domestic bond auctions seen last week capped decline in prices. The 10year JGB yield rose 0.5 basis point to 0.105 and the 20year JGB yield rose […]
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Sterling Recovers as Shops in England Reopen

LONDON, April 12 Reuters The pound rose on Monday as some UK lockdown measures were eased, recovering some of last weeks losses, but analysts cautioned that the boost to sterling from being ahead in the vaccine race could be shortlived as other countries catch up. Englands shops, pubs, gyms and hairdressers reopened after three months […]
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Japanese Shares Fall as Yaskawa Leads Tech SellOff

TOKYO, April 12 Reuters Japanese shares ended lower on Monday, dragged down by sharp losses in Yaskawa Electric after the industry bellwethers earnings outlook failed to meet the markets expectations, prompting a selloff in other tech stocks. Nikkei average fell 0.77 to close at 29,538.73. It has been in a holding pattern after hitting a […]
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GBP Down, CAD Up; EU Retail Sales

Rates as of 0500 GMT Market Recap Only small changes in FX rates Friday this morning. GBP continued what seems like its inexorable decline, the fifth day out of six that its been lower when I opened my spreadsheet in the morning. Nothing new here that I can discern just people trimming their long positions, […]
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