TOKYO, June 19- Japanese government bonds were mixed on Wednesday in a move characteristic of low liquidity as many investors refrained from trading, looking to how the U.S.» Read More
NEW YORK, June 18- U.S. Treasuries erased most of their earlier price losses in choppy trading on Tuesday, ahead of a planned purchase by the Federal Reserve of long-dated bonds. Benchmark 10- year notes were last down 1/ 32 in price to yield 2.19 percent, down from 2.22 percent earlier on Tuesday.
*Fed to buy $1.25 bln- $1.75 bln bonds due 2036-2043. NEW YORK, June 18- U.S. Some components to core are resuming their strength and that does tend to lend some credence to the fact that it will be stable, but stable at these levels is still missing the Fed's mandate, "said Aaron Kohli, an interest rate strategist at BNP Paribas in New York.
NEW YORK, June 18- U.S. stock index futures edged higher on Tuesday, trading in a tight range ahead of the start of a highly anticipated Federal Reserve meeting.
JERUSALEM, June 18- The European Central Bank is ready to act to aid the euro zone economy if needed, while signs of market stabilisation mean interest rates are becoming a more effective tool again, ECB chief Mario Draghi said on Tuesday.
TOKYO, June 18- Japanese government bonds rose on Tuesday after a solid sale of 20- year bonds, though the benchmark yield remained in its recent range as investors awaited the outcome of this week's U.S.
TOKYO, June 18- Japan's economy will likely grow faster than expected just a month ago, driven by aggressive monetary stimulus despite the recent surge in the yen and corresponding sharp fall in Tokyo shares, a Reuters poll showed.
LONDON, June 18- European stock index futures pointed to a lower start on Tuesday, as nervous investors fretted about a trimming of U.S. monetary stimulus in the run up to a Federal Reserve policy meeting. At 0602 GMT, futures for the Euro STOXX 50, Germany's DAX and France's CAC were down 0.3-0.4 percent. Futures on Britain's FTSE 100 were flat.
*MSCI Asia ex- Japan down 0.1 pct, Nikkei opens down 0.1 pct. Turbulence in global financial markets over the past month was triggered by Fed Chairman Ben Bernanke saying the Fed may decide on slowing its $85 billion monthly purchases of Treasuries and mortgage-backed securities in its next few meetings if the economy showed signs of improving.
June 17- Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Investors Service said on Monday, because the city is looking to bondholders, as well as labor unions and pensioners, to share the pain.
*Fed buys $5.51 billion in Treasuries due 2018-19.
BRUSSELS, June 17- IntercontinentalExchange is set to win unconditional EU approval for its $8.2 billion bid for NYSE Euronext, sources said on Monday, in a deal that would strengthen its presence in the lucrative derivatives trading business.
*Bonds yields briefly rise on Empire State data, homebuilder sentiment. NEW YORK, June 17- Long-dated U.S. You're going to continue to see extreme volatility around these Fed meetings just because of what the chairman has stated, "said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.
NEW YORK, June 17- U.S. Treasuries yields rose slightly on Monday after data showed that U.S. homebuilder sentiment jumped in June, rising above a key milestone for the first time since the start of the housing crisis. Benchmark 10- year note yields increased to 2.14 percent, up from around 2.13 percent before the data.
*Fed will buy $4.75 bln- $5.75 bln notes due 2018-2019. NEW YORK, June 17- U.S. You're going to continue to see extreme volatility around these Fed meetings just because of what the Chairman has stated, "said Dan Mulholland, managing director in Treasuries trading at BNY Mellon in New York.
NEW YORK, June 17- U.S. Treasuries prices briefly fell and yields rose after data showed that growth in the New York state manufacturing sector picked up in June, though the details showed a contraction in new orders and measures of employment weakened.
*Smithfield up after shareholder urges break-up. NEW YORK, June 17- U.S. stock index futures rose on Monday after major equity indexes on Friday closed their third negative week in four, with traders focused on this week's Fed policy meeting.
TOKYO, June 17- Japanese government bonds began the week on shakier footing on Monday, with the benchmark yield edging higher as stocks rose and investors positioned for this week's 20- year sale.
PARIS, June 17- European stock index futures pointed to a higher open on Monday, with shares set to extend Friday's tentative rebound, although gains were seen capped ahead of a U.S. Federal Reserve meeting later this week. At 0603 GMT, futures for Euro STOXX 50, for UK's FTSE 100, for Germany's DAX and for France's CAC were up 0.2-0.3 percent.
It is difficult to turn a profit on bottles of bordeaux and burgundy when the outlook for sought-after vintages looks bleak at best. The Financial Times reports.