Analysis: US stock market technicals suggest possible rebound as earnings, CPI loom
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023....
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Morning Bid: Fed pivot begins to crystallize
Oct 11 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.A slump in U.S. bond yields, after another Federal Reserve official signaled that the central bank's interest rate-hiking cycle is over, will put Asian markets on a positive footing on Wednesday, despite renewed stress in China's property sector.Investors in the region also have key Japanese business activity indicators and South Korean current account figures on their plate on Wednesday, and there will no doubt be headlines coming from the IMF and World...
South African rand recovers from 4-month low on U.S. payrolls data
South African Rand coins are seen in this illustration picture taken October 30, 2020. REUTERS/Mike Hutchings/Illustration/File photo Acquire Licensing RightsJOHANNESBURG,...
Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 10, 2022....
Analysis: Trend hedge funds come out winners in bond market rout
Systematic traders benefit from bond routSeptember saw many claw back March lossesAfter March some trading strategies changedLONDON, Oct 6 (Reuters)...
US dollar stumbles as Treasury yields retreat ahead of payrolls data
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3,...
Analysis: When, not if, Europe copies Wall Street share trading reform
Wall Street due to change to one day settlement in MayShorter time could increase competitiveness of EU marketsCould be complex...
European stocks gain as US yield surge pauses
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 4, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Oct 5 (Reuters) - European stocks opened higher on Thursday, after a plunge in oil prices and softer U.S. labour data late on Wednesday helped bring U.S. Treasury yields back down from 16-year highs.Asian shares rebounded from 11-month lows overnight, following gains on Wall Street. China's mainland markets remain closed for holidays.U.S. yields have been rising in recent weeks as investors reprice the chance of the...
Global bond rout deepens before receding on relief rally
U.S., European, Japanese bond rout deepens10-year Treasury yields hit 16-year high above 4.88%Wall Street mixed, Euro STOXX 600 lowerNEW YORK/LONDON, Oct 4 (Reuters) - A rout in government bond markets deepened on Wednesday with benchmark U.S. yields hitting fresh 16-year highs as investors bet that persistently high interest rates will slow world growth and dampen the appetite for riskier assets.Treasury yields later receded on a cooler-than-expected U.S. private payrolls report that helped stocks on Wall Street rebound from Tuesday's sharp sell-off.Growth concerns weighed on crude oil and gold prices, and...
Euro parity is back on the dial for FX markets
Euro outlook deteriorates on high oil pricesDon't rule out a move to parity, analysts sayEuro shed 3% in Q3, on track for 3rd year of lossesLONDON, Oct 4 (Reuters) - Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy's fiscal position mean headwinds for the euro are getting stronger, raising the risk of a move back towards the psychologically key $1 marker.The euro, trading at its lowest levels of this year near$1.05 , fell 3% versus the dollar in the third quarter. It is poised for a...