Thursday, July 30, 2015

China's making it easier for foreign investors to buy its debt

Central banks, financial institutions and sovereign-wealth funds looking to invest in China’s massive and expanding bond market have just been given some good news – the PBOC welcomes your investment.

Tuesday, July 28, 2015

Chinese stock markets slide as investors panic (again)

Chinese shares suffered their worst fall in eight years on Monday as stock market turmoil returned to haunt the world’s second largest economy and analysts predicted more misery ahead for investors.

Monday, July 27, 2015

World’s Worst Currency Drop Sparks Race to Cut Brazil Forecasts

The Brazilian real’s 5 percent tumble this week, the most among major currencies worldwide, has forecasters reviewing their exchange-rate targets after the government said it won’t meet fiscal goals.

Sunday, July 26, 2015

Hedge Funds Are Holding First-Ever Gold Net-Short Position

Hedge funds are holding the first ever bet on a decline in gold prices since the U.S. government started collecting the data in 2006.

Friday, July 24, 2015

India’s 10-Year Bond Yield Drops to Two-Week Low as Oil Retreats

Indian sovereign bonds advanced, pushing the 10-year yield to a two-week low, as falling oil prices eased concern that inflation will quicken.

Wednesday, July 22, 2015

Dollar picks up on rate hike speculation

Tokyo (AFP) - The dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations the US Federal Reserve will raise interest rates this year.

Tuesday, July 21, 2015

Chancellor's economic strategy is 'risky', says Item Club

Chancellor George Osborne's economic plans are 'risky', and could contribute to a slowdown in UK growth, the EY Item Club has warned.

Monday, July 20, 2015

China Opens Interbank Bond Market Wider to Foreign Buyers

China issued new rules making it easier for big international investors to access its $5.7 trillion interbank bond market, a step forward toward opening its capital market as it seeks to promote the yuan as a reserve currency.

Friday, July 17, 2015

Yellen stands by Fed transparency as lawmakers turn up heat

Federal Reserve Chair Janet Yellen on Wednesday resisted calls for more congressional oversight, as members of a House of Representatives panel criticized the central bank’s policies and pressed it to be more accountable.

Wednesday, July 15, 2015

Schaeuble Says Some in German Government Would Prefer Greek Exit

Chancellor Angela Merkel’s government is split on whether Greece’s continued euro membership is the best way forward for the country, German Finance Minister Wolfgang Schaeuble told reporters in Brussels on Tuesday.

Tuesday, July 14, 2015

FOREX-Dollar rallies as Greek deal renews focus on Fed rate hike

NEW YORK, July 13 (Reuters) - The dollar rallied against the euro, yen, and Swiss franc on Monday after a debt deal between Greece and its international lenders renewed focus on the possibility that the U.S. Federal Reserve might hike interest rates in September.

Monday, July 13, 2015

Osborne Boost Triggers £1bn Housebuilder Sale

The owners of Britain's biggest provider of retirement homes are inviting sovereign wealth funds to table £1bn-plus takeover bids just as the Government relaxes planning rules to trigger a housebuilding boom.

Saturday, July 11, 2015

Iranian Oil Looms for European Refiners as Nuclear Talks Stall

European refiners from Spain to Greece are ready to resume purchases of crude from Iran as talks on a nuclear deal that could allow the country’s return to oil markets remained deadlocked.

Thursday, July 9, 2015

Chinese investors despair as gains wiped out in tumbling stock market

“Ah, of course I have lost money,” exclaims Cindy Wang, putting her hand to her face. She has lost around half her investments.

Wednesday, July 8, 2015

Russia Signs Agreement To Get $10B Investment From Saudi Arabia Amid Western Sanctions

Saudi Arabia signed a commitment to invest up to $10 billion in Russia within four to five years, Kirill Dmitriev, head of Russian Direct Investment Fund (RDIF), told Sputnik News, a state-run news agency, on Monday.

Tuesday, July 7, 2015

Italian, Spanish, Portuguese yields jump after Greeks vote 'No'

LONDON, July 6 (Reuters) - Italian, Spanish and Portuguese bond yields rose just over 10 basis points on Monday after an overwhelming Greek vote against EU-prescribed austerity measures that could set Athens on a path out of the euro zone.

Sunday, July 5, 2015

UK exporters feeling the heat from eurozone crisis

The CBI has issued a call on eurozone leaders to quickly resolve the Greek debt crisis, whatever the outcome of Sunday’s referendum, after the British business group’s latest poll highlighted mounting pressure on exporters.

Friday, July 3, 2015

Losses across the board for major hedge funds

Hedge fund titans might be crying at their Hamptons barbecues this Fourth of July, after the drubbing most of them took in June.

Thursday, July 2, 2015

US manufacturing growth slows in June, survey shows

US manufacturing growth eased in June despite jobs growth, but there was better news for the construction sector, according to two surveys.

Wednesday, July 1, 2015

Hollande Says Greek Deal Possible as Merkel Sees No Progress

French President Francois Hollande held out the prospect of a deal for Greece even as German Chancellor Angela Merkel said negotiations looked to be going backward.