SYDNEY, March 2 Reuters The Australian dollar eased on Tuesday as the central bank sought to calm nervous bond markets by recommitting a pledge to keep buying bonds, and reassuring that faster growth will not lead to an early tightening cycle. The Aussie was 0.12 lower 0.7760 at midday on Tuesday, and down 3 from […]

SYDNEY, March 2 Reuters Australias central bank on Tuesday affirmed its pledge to keep interest rates at historic lows as policymakers battle to stop surging bond yields disrupting the countrys surprisingly strong economic recovery. Concluding its March board meeting, the Reserve Bank of Australia RBA kept rates at 0.1 and committed to maintaining its highly […]

Gold futures headed higher Monday to start the month of March with a gain, as pause in the rise of U.S. Treasury yields prompted prices for the metal to stage a partial rebound in the wake of four consecutive session declines. Gold has found support from heavy bargain hunting as well as a pause in […]

Reuters Rocket Lab USA is nearing a deal to go public through a merger with a specialpurpose acquisition company Vector Acquisition that would value the smallsatellite launch firm at 4.1 billion, including debt, the Wall Street Journal reported. The deal could be finalized on Monday, the newspaper reported, citing people familiar with the matter. Vector […]

LONDON, March 1 Reuters Benchmark German government bond yields dropped for a second consecutive session on Monday as investor sentiment improved after reflationary bets led bond markets to their biggest monthly selloff in years. The rise in bond yields last month, spurred by U.S. fiscal stimulus hopes and a postpandemic economic rebound that could fuel […]

Shares in Danone rose 1.9 on Monday after the French food group said it was taking a first step toward selling its stake in its Chinese dairy partner Mengniu Dairy Company Limited, and would use the gains to buy back its own shares. We see this as a further positive step in tidying up Danones […]

Rates as of 0500 GMT Market Recap Boy what a day! Ive rarely seen such huge moves in currency rates in a day recently. Its hard to say whether it was riskon or riskoff or what. The dollar, the safest safehaven, soared while the commodity currencies got hammered. In a way it was the opposite […]

LONDON, March 1 Reuters Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll out supported the pound and fuelled hopes of economic recovery. After retreating from a threeyear high on Friday to fall below 1.39 amid a rout in global bond markets and concerns of inflation […]

The Australian dollar and other riskier currencies recovered some lost ground against the U.S. dollar on Monday, after suffering their biggest plunges in a year at the end of last week amid a hefty selloff in global bond markets. The greenback weakened broadly early in Asia trade, but barely enough to trim its biggest surge […]

TOKYO, March 1 Reuters Japans Topix Index on Monday jumped the most in seven months, as a pause in selloffs in U.S. treasuries boosted the techheavy Nasdaq index and lifted domestic shares of chipmakers. The Topix Index jumped 2.04 to 1,894.94, the largest gain since Aug. 11, 2020, while the the Nikkei share average advanced […]