News & Analytic Centre

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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Miners, Energy Stocks Lift UK Shares on U.S. Stimulus Cheer

March 11 Reuters British shares rose on Thursday, as higher commodity prices boosted mining and energy stocks after the United States moved to pass a massive stimulus bill, while online trading platform IG jumped on a surge in thirdquarter revenue. The bluechip FTSE 100 index rose 0.4, with mining stocks, including Rio Tinto, Anglo American […]
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Australia, NZ dlrs Hold Gains, House Prices Run Hot

SYDNEY, March 11 Reuters The Australian and New Zealand dollars clung to gains on Thursday after a tame reading on U.S. inflation provided a reprieve to risk appetite, while data on local housing markets stunned with its strength. The Aussie was holding at 0.7725, having survived multiple tests of support around 0.762025 this week. Resistance […]
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