UK Shares Inch Higher; HSBC, AstraZeneca Cap Gains

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. […]
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Classic RiskOn Move in Currencies; ECB Meeting

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 […]
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Sterling Holds above 1.39 as Dollar Weakens

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 […]
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Chinas Auto Sales Surge FourFold in Feb

BEIJING, March 11 Reuters Auto sales in China, the worlds biggest auto market, surged 365 in February over the same month a year earlier, for their 11th month of gains, as the country leads the global industrys recovery from the COVID19 pandemic. Sales reached 1.46 million vehicles in February, data from the China Association of […]
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JGB yields fall as 20year note auction sees solid demand

TOKYO, March 11 Reuters Japanese government bond yields fell on Thursday after an auction of 20year notes received solid demand, despite uncertainty about the outcome of the Bank of Japans policy review next week. Japans finance ministry received bids worth 3.4 times the amount of bonds sold, which was higher than the bidcover ratio of […]
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S.Korea Shares Post Biggest Jump in 2 wks, Inflation Worries

SEOUL, March 11 Reuters Roundup of South Korean financial markets South Korean shares snapped a fivesession losing streak posted on Thursday, posting their biggest singleday jump in two weeks, as subdued U.S. consumer price data calmed inflation worries. The won strengthened, while the benchmark bond yield fell. The KOSPI closed up 55.58 points, or 1.88, […]
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