GVD – Page 24 – Money Lowdown

Banking

Morning Bid: Ready for more rate hikes, and one cut

June 19, 2023

June 19 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.It's been predictably...

Currencies

Terminal rate bets help lift Canadian dollar to 9-month high

June 16, 2023

Canadian dollar rises 0.2%Touches its strongest since September at 1.3189Price of U.S. oil increases 0.4%Canadian yields rise across curveTORONTO, June...

Banking

Morning Bid: US Stocks fight the Fed as markets still not listening

June 16, 2023

LONDON, June 16 (Reuters) - If you looked at red-hot stock markets without following central banks, you could well assume...

Economy

Bundesbank sees German economy shrinking this year

June 16, 2023

FRANKFURT, June 16 (Reuters) - The German economy, Europe's biggest, will shrink this year and inflation will stay above 2%...

Banking

ECB mulls changing spread between rates in step towards new era – sources

June 15, 2023

FRANKFURT, June 15 (Reuters) - European Central Bank policymakers began this week a debate on evening out the "corridor" between...

Funds

Small funds eyeing big gains pile on Venezuela debt

June 15, 2023

Vendors prepare products at a store painted with Venezuelan and U.S. flags in Maracaibo September 12, 2008. REUTERS/Isaac Urrutia/File PhotoCARACAS/MADRID/NEW YORK, June 15 (Reuters) - Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on the expectation of debt renegotiations or of legal action tied to a looming expiry of repayment rights, investors and four financial sector sources said.Many of the bonds are trading at pennies on the dollar after a default in 2017, compounded by 2018 sanctions from Washington that barred...