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By Paul Cox, Bloomberg |
May 10, 2013
Pacific Investment Management Co.’s Bill Gross wrote in a message on Twitter that the 30-year bull market for bonds “likely ended” on April 29.
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By Jennifer Ryan and Ian Katz, Bloomberg |
May 10, 2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying pressure on them to further ease their budget-cutting.
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By Marcus Holland |
May 10, 2013
Yen futures had moved to support levels against the dollar and had held support for the past few weeks as investors awaited an impetus to push the currency pair down to new levels. On a cash basis, the USD/JPY broke through 100 yesterday.
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By Susanne Walker and David Goodman, Bloomberg |
May 10, 2013
Treasuries fell, with 10-year note yields climbing to the highest level in five weeks, as signs the U.S. economy is improving amid central-bank monetary stimulus sapped demand for U.S. debt.
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By Austin Kiddle |
May 10, 2013
During the week ending May 9, the gold-backed ETP holdings rebounded 0.1% to 2,241.708 metric tons, the first rise since the beginning of April. In India, gold imports will likely top 100 tonnes in May.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
May 9, 2013
The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 8, 2013
Stocks rose, sending the Standard & Poor’s 500 Index to a record for a fifth day, amid better-than- projected earnings forecasts. European shares and metals gained as China’s trade and German industrial output beat estimates.
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By Inyoung Hwang, Bloomberg |
May 7, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its first close above 15,000, on optimism over global central bank stimulus and better-than- estimated corporate earnings.
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By Lukanyo Mnyanda and John Detrixhe, Bloomberg |
May 6, 2013
The yen fell for a third day, trading at almost 100 per dollar, as a decline in the U.S. jobless rate to a four-year low fueled optimism that growth is gathering pace and reduced demand for Japan’s currency as a haven.
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By Liz Capo McCormick and Daniel Kruger |
May 5, 2013
Bond investors are gaining confidence the Fed won't spark a crash while unwinding the central bank’s $3.3 trillion balance sheet.
