Shares rise, Treasury yields fall as US jobless claims surge
US shares rise, European shares flat Treasury yields fall, jobless claims hit over 1-1/2-yr high Some bond investors reprice rate expectations after Canada surprise Turkey’s...
McCarthy Sends Lawmakers Home, Cites Hard-Liner Blockade ‘Chaos’
(Bloomberg) — House Speaker Kevin McCarthy called off votes for the remainder of the week and sent lawmakers home as a revolt by Republican hard-liners...
Japan central bank’s ETF holdings under scrutiny as govt seeks revenue
By Leika Kihara TOKYO (Reuters) -Japan’s finance minister said on Wednesday the government must look into whether it can buy the central bank’s huge holdings...
China’s State Banks Cut Deposit Rates to Bolster Economy
(Bloomberg) — Some of China’s biggest banks lowered rates on a range of deposit products, responding to the government’s call for help in boosting growth...
GLOBAL MARKETS-Global shares edge up as Fed pause bets bolster sentiment
(Updates with Europe open) By Naomi Rovnick and Kevin Buckland LONDON, TOKYO June 9 (Reuters) – Global equities were set for a small weekly gain...
QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns
(Bloomberg) — The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting...
Stocks Drop 20% If Bonds Have Inflation Right in JPMorgan Model
(Bloomberg) — The widening disconnect between stocks and bonds suggests a 20% downside risk for equities if bonds are proved correct in pricing inflation volatility,...
T. Rowe Sees BOJ Policy ‘San Andreas Fault’ of Global Finance Is at Hand
(Bloomberg) — Policy tightening by the Bank of Japan, the last bastion of ultra-low interest rates, may send shock waves through the financial world. Lift-off...
China Deflation Risk Prompts PBOC Governor to Downplay Fears
(Bloomberg) — China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come...
Ex-First Republic Executive to Head Turkey’s Central Bank
ISTANBUL—Turkey’s President Recep Tayyip Erdogan appointed a former First Republic Bank executive to lead the central bank, a likely shift away from the unorthodox economic...