Sterling Steadies after Strongest Q1 Versus Euro Since 2015

LONDON, April 1 Reuters The pound was little changed against the dollar on Thursday and a touch lower versus the euro, but traders remained optimistic about its longerterm prospects, boosted by expectations for a vaccineled economic recovery in the UK. Sterling had its strongest quarter against the euro since 2015 in the first three months […]
Read More

JGB Yields Rise after BOJ Reduces Debt Purchases

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 […]
Read More

European Stocks Inch Towards Record High as PMIs

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 […]
Read More

Euro Zone Bonds Steady, Balancing Lockdowns and Recovery

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 […]
Read More