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 […]

TOKYO, March 1 Reuters Japanese government bond prices rebounded on Monday, bringing down the benchmark 10year yield off a fiveyear high, as a global bond selloff stemming from fears of tighter monetary policies eased. The 10year JGB yield fell 1 basis point to 0.150, slipping off Fridays high of 0.175, its highest since the Bank […]

MOSCOW, March 1 Reuters The Russian rouble firmed on Monday, pricing in rising oil prices, as the Moscow Exchange opened three hours earlier than previously in a move to capture more Asian investors. At 0651 GMT, the rouble was 0.6 stronger against the dollar at 74.18 and had gained 0.4 to trade at 89.73 versus […]

SYDNEY, March 1 Reuters The Australian and New Zealand dollars recovered against the greenback on Monday after riskier currencies plunged late last week amid a global bond market selloff. The Aussie dollar was 0.69 higher at 0.7759, but still well bellow a threeyear high of 0.8007 hit on Feb. 25. The Kiwi dollar was 0.66 […]

HANOI, Feb 26 Reuters Copper prices fell on Friday, as a weeklong rally in base metals ran out of steam, but the metal was on track for its best month since 2016 on low inventories and a bright demand outlook. Threemonth copper contract on the London Metal Exchange was down 2 at 9,223.50 a tonne […]

SYDNEY, Feb 26 Reuters The Australian dollar was sent reeling from multiyear peaks on Friday as a rout in bond markets spread to other risk assets, spurring the countrys central bank to intervene to stem a savage selloff in government debt. The Aussie had been flying high overnight as it cleared the 0.8000 barrier for […]

MUMBAI, Feb 25 Reuters Indias largest brokerage Zerodha is facing a backlash from traders who saw their equity positions abruptly closed during an exchange glitch, amidst criticism that a lack of communication from the countrys top bourse caused losses. The National Stock Exchange NSE suddenly shut down for nearly four hours on Wednesday, blindsiding traders. […]