The spring rebalance of clean-energy ETF holdings through April 16 may compound a recent selloff and pressure heavily held stocks and longtime darlings.
Corn is boasting its best performance against commodity peers in four decades as China rebuilds hog herds wiped out by the African swine fever, feeding them with imported U.S. grain.
March 23 Reuters British shares fell on Tuesday, dragged down by energy and mining stocks, as fresh lockdowns and slow vaccine rollouts across Europe stoked fears over the pace of economic recovery. The commodityheavy FTSE 100 index was down 0.2, with oil heavyweights BP and Royal Dutch Shell being the biggest drags, shedding 1.9 and […]
Rates as of 0500 GMT Market Recap The focus this morning is on, which plunged after the NZ government introduced a raft of new measures aimed at holding down house prices. Im not going to bore you with the details, if youre interested you can read about it on Bloomberg or The Guardian, which doesnt […]
Sterling fell to a twoweek low against the dollar on Tuesday amid talk of the European Union banning vaccine exports to Britain, which relies heavily on imports for its COVID19 vaccination drive. After falling far behind postBrexit Britain and the United States in rolling out vaccines, EU leaders are due to discuss a possible ban […]
European stocks eased from a oneyear peak on Tuesday, as a new wave of coronavirus infection and fresh lockdown in Germany raised fears of a slow economic recovery from the pandemic shock. The panEuropean STOXX 600 index fell 0.4 after a new round of sanctions aimed at China hit Asian markets. The German DAX dropped […]
The Turkish lira found a floor on Tuesday after a historic 7.5 slump in the previous session following a central bank shakeup, while the Russian rouble hit a near sevenweek low on looming U.S. sanctions against Moscow. The lira was up about 1 at 7.7192 versus the dollar after falling close to its record low […]
AMSTERDAM, March 23 Reuters Euro zone bond yields fell on Tuesday, supported by an uncertain coronavirus outlook in the bloc, as focus turned to a new bond sale from the European Union. The EU started the sale of five and 25year bonds to fund its SURE unemployment scheme via a syndicate of banks. It is […]
The dollar rose in early European trading on Tuesday, in line with a riskoff tone in global markets, after a weak Asian session, led by declines in Chinese markets, while the New Zealand dollar plunged after new curbs on the housing market. The United States, the European Union, Britain and Canada sanctioned Chinese officials on […]
Rates as of 0500 GMT Market Recap Rather modest movements in the currency market since Friday morning. The biggest move was in the Turkish lira TRY, which collapsed some 14 after Erdogan dismissed the head of the central bank the third CB head to lose his job in less than two years and replaced him […]