SYDNEY, March 4 Reuters The Australian and New Zealand dollars flatlined on Thursday after another spike in global bond yields spooked investors away from riskier assets, though sentiment was aided by data showing a record Australian trade surplus. The Aussie stood at 0.7785, having fallen from 0.7839 overnight when a jump in U.S. Treasury yields […]

The U.S. dollar fell on Wednesday as investor sentiment improved and government bond yields extended their retreat, while commoditylinked currencies such as the Australian and Canadian dollars held on to recent gains. Lower U.S. bond yields also sapped some of the dollars appeal among lowyielding currencies, with the yen and Swiss franc recovering from multimonth […]

BEIJING, March 3 Reuters Chinas coal consumption is expected to continue rising in 2021 despite Beijings pledges to boost the use of clean energy and curb greenhouse gas emissions, the China National Coal Association said on Wednesday. China, the worlds biggest coal consumer, saw overall consumption of the fossil fuel increase by 0.6 in 2020 […]

TOKYO, March 3 Reuters Japanese shares eked out gains on Wednesday as investors picked up cyclical stocks on hopes of a quicker economic recovery from the pandemicled recession. However, gains were capped by worries about bond market volatility and talk of huge selling for rebalancing this month. The Nikkei average ticked up 0.18 to 29,459.71, […]

Global shares gained on Wednesday, with European indexes echoing positive moves in Asia, as a retreat in U.S. Treasury yields fuelled demand for riskier assets and weakened the dollar. The Euro STOXX 600 added 0.7, with Frankfurt shares climbing 0.9 to a record high and Londons FTSE adding 1.3 before the UKs new budget is […]

Reuters Oscar Health Inc, a health insurance startup backed by Google parent Alphabet Inc, sold shares in its initial public offering IPO on Tuesday at 39 apiece, above its target range, to raise 1.2 billion. The IPO gives New Yorkbased Oscar Health a market value of 7.7 billion. The target price range on the offering […]

Rates as of 0500 GMT Market Recap US markets were down yesterday, but stocks are up pretty much across the board in Asia this morning. The FX market reflects the good mood, with a riskon profile across the board the commodity currencies up and the safehaven USD, CHF and JPY down. US breakeven inflation rates […]

FRANKFURT, March 2 Reuters Euro zone inflation held steady as expected last month, taking a break in what is likely to be a temporary but sharp spike in consumer prices in the coming months, data showed on Tuesday. Prices in the 19 countries sharing the euro rose by 0.2 on the month in January and […]

Shares of Apple closed up 5.39 on Monday to a price of 127.79, outpacing the NASDAQ, which was only up 3.01 percent. It was Apples biggest day since Oct. 12, when shares rose 6.35. The bump came after Berkshire Hathaway chairman and CEO Warren Buffett said in his annual letter to investors published this weekend […]

March 2 Reuters The listed shares of the Japanese and Swiss central banks rose sharply on Tuesday, without any apparent underlying reason, in what traders said was a reflection of high levels of investor exuberance in markets flooded with cash. Shares in the Bank of Japan BOJ and the Swiss National Bank SNB gained as […]