Search Results for: federal Reserve
Currency Carry Trades Rise in ECB’s Negative-Rate World
June 10th, 2014
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is about the only way traders are making money by exploiting ...
European stocks hold six-year highs
June 6th, 2014
European stocks are holding six-year highs, while Wall Street is on course for another record, as investors continue to absorb the latest bout of central bank stimulus and attention turns to the health of the US jobs market. The ...
Caution reigns as traders await Mr Draghi
June 5th, 2014
The euro is steady, benchmark bond yields nudging lower and bourses are mixed as investors wait to see if the European Central Bank will introduce a package of measures designed to tackle deflation concerns and boost the bloc’s economy. ...
Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB
June 5th, 2014
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...
U.S. Government Bonds Extend Selloff
June 4th, 2014
The roaring Treasury bond market has come to a screeching halt. Investors cashed in their chips out of the U.S. Treasury bond market on Tuesday for a fourth straight session as concerns grew that the price rally that accelerated ...
Fed may shun global risk rules banks spent billions to meet
June 4th, 2014
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards. Fed officials are concerned that ...
ECB to lead revamp of global FX codes of conduct
June 3rd, 2014
The European Central Bank has been given the lead role in work to strengthen codes of conduct for currency markets, expected to be one of the main areas highlighted in a report from global regulators due within weeks. Banking ...
Dow, S&P end at records; Apple, Google drag on Nasdaq
June 3rd, 2014
The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated. Industrials and material stocks were among the day’s biggest ...
Pimco’s ‘Bond King’ suffers 13th month of outflows at Total Return Fund
June 3rd, 2014
Bill Gross’ Pimco Total Return Fund, the world’s largest bond fund, posted $4.3 billion in net outflows in May, marking its 13th straight month of investor withdrawals despite achieving its best performance in four months, Morningstar data showed on ...
Bitcoin’s Futile Quest to Be a Currency
June 2nd, 2014
Bitcoin is a fascinating and ingenious technology, but most promoters are mindful of neither the monetary nor the tax issues. For all practical purposes IRS regulations issued in March preclude bitcoins from being used as an alternative currency. The ...
