Sterling fell against a stronger dollar on Friday as Treasury yields climbed, but the pound was still on track for weekly gains amid hopes for an economic recovery following Britains speedy vaccination programme. Sterling was down 0.5 against a stronger dollar at 1.3925 as U.S. Treasuries sold off during early London trading, pushing the yield […]
SYDNEY, March 12 Reuters Yields on Australian threeyear government bonds slipped to a record low on Friday as the countrys central bank pushed back against market speculation of early interest rate hikes though the local dollar jumped to a oneweek high. Yields in the cash market had jumped to 0.188 late last month during a […]
TOKYO, March 12 Reuters Yields on superlong dated Japanese government bonds edged lower on Friday as traders awaited the Bank of Japans BOJs meeting next week, where the central bank will review its monetary policy framework. The BOJ may exempt more funds from negative interest rates and reveal ways to make its purchases of exchangetraded […]
TOKYO, March 12 Reuters Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global economic growth kept investor sentiment supported. The Nikkei 225 Index rose 0.76 to 29,434.40 by 0202 GMT and the broader Topix […]
Passive investing should sustain steady growth in the U.S. for the foreseeable future, in our view, with its market share on pace to overtake active within five years due to a widening lead in equities and expansion in fixed income.
LONDON, March 11 Reuters The pound made slim gains on Thursday, holding above 1.39 as the dollar weakened and investors remained focused on hopes that Britains relatively successful COVID19 vaccine programme would support its economic recovery. Sterling gained 0.1 to 1.3949 by 0858. Analysts said the limited moves were largely driven by the dollar in […]
Rates as of 0500 GMT Market Recap On Tuesday I said that the stock market was no longer signalling riskon or riskoff, but rather rotation. Yesterday though the indices were generally higher, and the FX market exhibited a classic riskon profile, with the three commodity currencies on top and USD, CHF and JPY on the […]
March 11 Reuters British shares ended higher on Thursday as firmer commodity prices boosted mining and energy stocks, while HSBC traded exdividend and AstraZeneca sank on doubts over its COVID19 vaccine. The bluechip FTSE 100 index ended up 0.2, with mining stocks including Rio Tinto, Anglo American and BHP Group gaining between 1.8 and 4.6. […]
March 11 Reuters European stocks hit a oneyear high on Thursday as worries about a spike in inflation eased, while investors awaited the European Central Banks comments on a recent rise in bond yields. The panEuropean STOXX 600 index rose 0.3 by 0809 GMT, up for a fourth straight session as Wall Street stocks rallied […]