Investors put $538 billion into cash funds over eight weeks, Bank of America says
LONDON, April 14 (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank...
Gold rallies to 1-year peak as economic worries mount
Gold prices just $30 off record highs U.S. weekly jobless claims increase April 13 (Reuters) – Gold surged on Thursday as more weak U.S. economic...
Gold shines as bets for US rate hike pause gather pace
U.S. CPI comes in below estimates, core in line with estimates Dollar down 0.7%, yields skid Market bets on 25 bps Fed hike in May,...
US dividend funds see biggest quarterly outflows in 2-1/2 years
April 6 (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market...
Yellen says not willing to allow contagious bank runs to develop
NEW HAVEN, Conn., April 3 (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said deposit outflows from small and medium-sized banks were diminishing, but...
Global derivatives industry defends CDS after banking blow-ups
LONDON, March 30 (Reuters) – The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns...
Signs of pain as easy cash era ends are growing
LONDON, March 30 (Reuters) – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades....
Global dealmaking sinks to lowest level in over a decade
NEW YORK/LONDON, March 31 (Reuters) – Global mergers and acquisitions (M&A) activity shrank to its lowest level in more than a decade in the first...
Gold eases but remains on course for quarterly rise
Key U.S. inflation gauge slightly below expectations All precious metals set to gain in March March 31 (Reuters) – Gold prices were on track for...
US regulator cites ‘terrible’ risk management for Silicon Valley Bank failure
WASHINGTON, March 28 (Reuters) – A top U.S. regulator told a Senate panel on Tuesday that Silicon Valley Bank did a “terrible” job of managing...