News & Analytic Centre

Australia, NZ dlrs Drift Off, Bond Sale Draws Strong Demand

SYDNEY, April 13 Reuters The Australian and New Zealand dollars drifted lower on Tuesday as caution in global markets outweighed upbeat economic news and a solid sale of new Aussie government bonds. The Aussie slipped to 0.7597, as speculators looked to test support around 0.7595. The currency has now spent three weeks rattling around in […]
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China Commodity Imports Surge in March

April 13 Reuters Chinas imports of major commodities rose strongly in March from the year ago, data from the General Administration of Customs showed on Tuesday, as the worlds secondbiggest economy marched ahead postCOVID19. Chinas overall imports surged 38.1 yearoveryear in March, the fastest pace in four years, while exports also grew at a robust […]
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GBP Up for once; US CPI, RBNZ Meeting

Rates as of 0500 GMT Market Recap After several days of decline, the beleaguered pound bounced back yesterday. It was the bestperforming currency of the day. Was this related to the reopening of the pubs? Traders in a better mood, more favorably inclined toward the government and hence the currency? Or perhaps optimism ahead of […]
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JGBs Edges Higher after Auction Draws Strong Demand

TOKYO, April 13 Reuters Japanese government bonds ticked up on Tuesday, after a reoffering of existing longdated bonds attracted strong appetite, offsetting worries about further rise in U.S. debt yields. The 10year JGB yield fell 0.5 basis point to 0.100. The 20year JGB yield fell 1 basis point to 0.470 while the 30year yield dropped […]
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FTSE 100 Falls as Stronger Pound, Oil Stocks Weigh

April 13 Reuters Londons FTSE 100 fell on Tuesday, dragged lower by losses in exportoriented stocks and energy firms, while data showed Britains economy grew in February as companies got ready for the lifting of a third coronavirus lockdown. The bluechip index edged down 0.1, with shares of large dollarearning consumer staples companies Unilever , […]
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Sterling Weathers Vaccine Issues, Climbs for Second Day

LONDON, April 13 Reuters Sterling rose for a second day against the dollar and the euro on Tuesday, as analysts said Britains vaccination drive had not been derailed by its curbing of the use of AstraZenecas COVID19 vaccine. The pound lost 1 against the dollar last week as Britain advised alternatives to the OxfordAstraZeneca vaccine […]
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Stocks, FX Muted ahead of U.S. Inflation Data; Alibaba Gains

April 13 Reuters Emerging market stocks and currencies were subdued on Tuesday, as investors awaited key U.S. inflation data that could set the stage for more dollar strength and undercut riskdriven assets. The MSCIs index of emerging market currencies fell about 0.1, with most units in Europe, the Middle East and Africa retreating slightly to […]
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