Tuesday, 23 June, 2015
(Bloomberg) — The dollar strengthened and Treasuries fell as a Federal Reserve official suggested interest rates may rise as soon as September amid data showing a gain in orders for business equipment. European stocks rallied on optimism a deal on Greece is near. The Bloomberg Dollar Spot Index jumped 0.9 percent at 9:31 a.m. in New York. The yield on 10-year Treasury notes climbed five basis points to 2.43 percent. The Standard & Poor’s 500 […] Read More
Tuesday, 23 June, 2015
(Bloomberg) — An index of euro-area factory and services unexpectedly rose to the highest in more than four years this month as growth gained momentum in Germany and France, the bloc’s two largest economies. Markit Economics said on Tuesday that its composite index increased to 54.1 from 53.6 in May. That’s above the 50 mark that divides expansion from contraction and exceeds the median estimate of economists, who forecast it would slip to 53.5. France’s […] Read More
Monday, 22 June, 2015
(Bloomberg) — U.S. stocks followed European equities higher, while Treasuries fell with German bunds on speculation officials will break an impasse over a Greek bailout. The Standard & Poor’s 500 Index rose 0.7 percent at 10:02 a.m. in New York, 0.3 percent below a closing record. The Stoxx Europe 600 Index jumped 2 percent, while a guage of emerging-market stocks added 1.3 percent. Yields on 10-year Treasury notes rose seven basis points to 2.33 percent […] Read More
Thursday, 18 June, 2015
Goldman Sachs Pushes Back Fed Funds Rate Lift-Off to Dec. 2015 Thursday, June 18, 2015 06:10 am by Joshua Robinson (Bloomberg) — Goldman Sachs previously expected an increase in September of this year, Chief Economist Jan Hatzius and Senior Economist Zach Pandl comment in a client note dated June 17. · Seven FOMC participants are now predicting zero or one rate hike this year, expect that to include Fed Chair Janet Yellen · FOMC did […] Read More
Wednesday, 17 June, 2015
(Bloomberg) — U.S. stocks fluctuated after erasing earlier gains, while Treasures slid before the Federal Reserve’s decision on interest rates. European stocks fell amid signs the impasse in Greek aid talks was deepening. The Standard & Poor’s 500 Index rose less than 0.1 percent at 11:32 a.m. in New York, erasing a climb of 0.4 percent. Treasuries fell, sending 10-year yields five basis points higher to 2.36 percent. The Stoxx Europe 600 Index lost 0.4 […] Read More
Wednesday, 17 June, 2015
EU Juncker Proposal Still On Table For Greece -Sources –Adds Commission Decision To Abolish Task Force After Ninth Paragraph By Angelika Papamiltiadou ATHENS (MNI) – European Commission President Jean-Claude Juncker’s proposal to the Greek government is still on the table if Athens is willing to table the necessary counter measures, to offset those they reject, a top commission source told MNI Tuesday. Despite Juncker’s outburst earlier Tuesday flatly accusing the Greek Prime Minister Alexis Tsipras […] Read More
Wednesday, 17 June, 2015
DeutscheWirtschafts- Crash in government bonds: investors have lost $ 640 billion …BlackRock cautions against the ongoing unrest in the bond market. It was time to abandon the tried and tested models for risk assessment of Bonds, as the world’s biggest asset managers. Especially the German Bunds, which were an eternity as a safe haven, are a good example: “The market for German Bunds is unpredictable volatile”, quoted format Scott Thiel, deputy chief investment officer at […] Read More
Wednesday, 17 June, 2015
WSJ- Fund Managers Pile Into Cash Amid Market Volatility…Fund managers globally hold more cash now than they have at any other time during the past six months, according to a survey released Tuesday by Bank of America Merrill Lynch. In Europe, fund managers are holding more than they have since the depths of the financial crisis in March 2009…The Bank of America Merrill Lynch survey, conducted between June 5-11, showed that global investors were holding […] Read More
Tuesday, 16 June, 2015
(Bloomberg) — Chinese stocks led global shares and U.S. equity-index futures lower before the Federal Reserve meets and euro-area finance ministers discuss Greece’s debt crisis. The euro advanced, while bond yields rose from Italy to Spain. The Shanghai Composite Index plunged 3.5 percent, while a gauge of China stocks in Hong Kong took losses since a May 26 high beyond 10 percent. Standard & Poor’s 500 Index futures dropped 0.4 percent by 8:22 a.m. in […] Read More
Monday, 15 June, 2015
(Bloomberg) — European stocks fell a second day and the euro declined with Spanish bonds after talks between Greece and its creditors broke down without a deal on bailout aid. Treasuries and bunds advanced, while copper fell. The Stoxx Europe 600 Index fell 0.7 percent by 8:01 a.m. in London. The euro weakened at least 0.3 percent against the dollar and the yen, while the additional yield investors demand to hold Spain’s 10-year securities over […] Read More
