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 […]

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 […]

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 […]

Janos Renz Hotz, Global Head of Product for Integrated Compliance & Behavioural Analytics at Bloomberg, discusses how compliance teams can deliver more value to their organisations by harnessing technology and data.

BEIJINGSAN FRANCISCO Reuters U.S. autonomous truck startup Plus said on Wednesday it had raised an extra 220 million from investors in an extension of a 200 million funding round in February, as the global auto industry looks to a driverless future. A source with direct knowledge of the matter also said Plus was in advanced […]

Rates as of 0500 GMT Market Recap Expectations of faster US growth causing higher US inflation and higher US interest rates pushed the dollar up and JPY down. Other currencies basically just went along for the ride. Its noticeable that gold and silver both lost ground, contrary to what one might expect if you think […]

The dollar hit a oneyear high versus the yen and multimonth peaks with other currencies on Wednesday as investors bet that fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery. U.S. President Joe Biden is set to outline later on Wednesday how he intends to pay for a 3 […]

Shares in Deliveroo plunged by as much as 30 in their trading debut on Wednesday, slicing more than 2 billion pounds off the companys valuation in a blow to the food delivery group and the London market for initial public offerings IPO. The highlyanticipated listing, the biggest in the London market in a decade, had […]