Tag: FRX
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Stocks climb and U.S. yields fall after inflation dat
Drop in euro zone, U.S. inflation data bolsters market mood Two-year Treasuries enjoy biggest monthly rally since 2008 Euro up 3% this month, yen 2.5% higher, gold surges 8% NEW YORK, March 31 (Reuters) – A gauge of global stocks climbed for a fifth straight day on Friday, with the two-year U.S. Treasury yield set ... -
Dollar to log quarterly drop as rate hike bets recede
SINGAPORE, March 31 (Reuters) – The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and expect the dollar’s yield advantage is in decline. A modest boost from a rush to safety around mid-March as banking jitters hit global markets seems to be fading, and ... -
C$ climbs to 5-week high on ‘massive’ short covering
Canadian dollar strengthens 0.2% against the greenback Touches its strongest level since Feb. 23 at 1.3517 Price of U.S. oil settles 1.9% higher Bond yields trade mixed across a flatter curve TORONTO, March 30 (Reuters) – The Canadian dollar strengthened to a five-week high against its U.S. counterpart on Thursday as a recovery in risk ... -
Morning Bid: World markets leaving March like a lamb
A look at the day ahead in U.S. and global markets from Mike Dolan In like a lion, out like a lamb. Farmers’ almanacs suggest a stormy and turbulent start to March means it’s likely to end calm and serene – and so it appears with world financial markets this year. The surge in stock ... -
Euro rises as inflation takes centre stage, bank fears recede
LONDON, March 30 (Reuters) – The euro rose against the U.S. dollar on Thursday as investors switched focus to inflation for more hints on central banks’ next rate moves, as concerns over the banking sector receded. Inflation is expected to ease significantly in Germany in March on the back of lower energy prices, preliminary data ... -
Morning Bid: As banking worries slowly slip into rear view, markets fret on Fed
A look at the day ahead in European and global markets from Ankur Banerjee With sentiment still fragile in the aftermath of the banking crisis, a risk-on rally proved short-lived, leaving the MSCI ex-Japan index swinging between gains and losses on Thursday. The dollar firmed up, continuing its rebound, while gold eased. But as we ... -
Bank relief and Alibaba plans nudge stocks higher
SINGAPORE, March 30 (Reuters) – Asian stocks rose on Thursday with fears easing on the banking front and the prospect of a break-up at Chinese conglomerate Alibaba offering an encouraging sign that Beijing’s regulatory storm focused on tech companies might finally be clearing. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) gained for a ... -
Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington
WASHINGTON, March 29 (Reuters) – Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may not pull it down as fast as some expect, European Central Bank board member Isabel Schnabel said on Wednesday, highlighting the bank’s chief concern. Overall inflation in the 20 nations sharing the euro ... -
Canadian dollar notches 4-week high as risk appetite recovers
C$ touches its strongest since March 3 at 1.3560 Canadian bond yields trade mixed across curve TORONTO, March 29 (Reuters) – The Canadian dollar strengthened to its highest level in nearly four weeks against its U.S. counterpart on Wednesday as a recovery in risk appetite raised pressure on speculators that have raised bearish bets on ... -
Shares rise as bank support emboldens investors
MSCI All-World index rises 0.3%, dollar eases UBS rehires Ermotti to head merged unit Alibaba soars 13%, lifts other Chinese tech stocks Oil rises, gold dips LONDON, March 29 (Reuters) – Global shares rose on Wednesday, as investors took heart from a greater degree of stability in the banking sector, but the sense of optimism ...
