Nov 1- Voters in several U.S. states will decide the fate of $44.7 billion in borrowing and other budget measures on Tuesday, with investors in the $3.7 trillion municipal bond market focused mainly on large offerings in California and New York. "Just two states, California and New York, are presenting voters with meaningful bond measures for approval," Peter Hayes,...» Read More
*Micron higher in premarket, Credit Suisse ups target. NEW YORK, June 11- U.S. stock index futures were lower on Wednesday, as investors struggled to find reasons to keep buying with indexes still hovering near record levels.
LONDON, June 11- The euro hovered near a four-month low versus the dollar and hit a 1-1/ 2 year trough against sterling on Wednesday, with the single currency under pressure due to a widening yield gap between euro zone bonds and their major peers.
TOKYO, June 11- Japanese government bond prices slipped on Wednesday, as a continuing rise in U.S. Treasury yields amid improved investor appetite for riskier assets, such as stocks, weighed. The Bank of Japan did not include super long JGBs as the market had expected in its regular debt buying operation, but this had limited market impact.
June 10- The U.S. Supreme Court meets on Thursday to discuss whether to hear an appeal by Argentina in its long battle with holdout creditors that are seeking billions of dollars from the country stemming from its massive debt default in 2001/ 02. If the top court decides not to take up the case, Buenos Aires risks a new default as U.S. authorities could prevent it making full payment to creditors holding bonds from debt swaps in 2005 and 2010 even though the country is able and willing to make the payments.
WASHINGTON, June 10- The U.S. Supreme Court is due to meet behind closed doors on Thursday to consider how to act on Argentina's appeal of lower court decisions ordering the country to pay $1.33 billion to hedge fund creditors.
NEW YORK, June 10- U.S. stocks ended flat on Tuesday, with the Dow eking out a record closing high while the S&P 500 utilities sector index fell as 10- year Treasury bond yields hit their highest level in a month. The Dow Jones industrial average rose 2.82 points or 0.02 percent, to finish unofficially at 16,945.92.
*Market starting to focus on rate-hike timing. NEW YORK, June 10- U.S. benchmark 10- year yields scaled one-month peaks on Tuesday, as investors have started to price in the prospect of higher interest rates following recent upbeat U.S. economic data and hawkish comments from Federal Reserve officials.
NEW YORK, June 10- U.S. benchmark 10- year yields rose to a one-month high on Tuesday, as investors have started to price in the prospect of higher interest rates following recent upbeat U.S. economic data and hawkish comments from Federal Reserve officials.
NEW YORK, June 10- U.S. stock index futures edged lower on Tuesday, as investors found few reasons to keep buying with the Dow and S&P 500 just below the latest in a string of records.
LONDON, June 10- The euro fell against the dollar and yen on Tuesday, feeling the pressure of a rise in the premium for holding the U.S. currency since the European Central Bank cut all of its main rates last week.
NEW YORK, June 10- U.S. stock index futures edged lower on Tuesday, as investors found few reasons to keep buying with the Dow and S&P 500 just off the latest in a string of records.
NEW YORK, June 10- BlackRock Inc, the largest U.S. provider of exchange-traded funds, is expanding its lineup of low-cost ETFs with 10 equity and fixed-income funds that focus on areas such as dividend growth and value, and add exposures such as European and Pacific region stocks.
TOKYO, June 10- Asia stocks rose to three-year highs on Tuesday on optimism over global growth prospects and a record run on Wall Street, which helped lift Treasury yields and the dollar. On Wall Street overnight the S&P 500 ended at a fourth straight record closing high and the Dow at its third.
TOKYO, June 10- Asia stocks nudged three-year highs on Tuesday on rising optimism over global growth prospects and a record-run on Wall Street, helping lift Treasury yields and the dollar. On Wall Street overnight the S&P 500 ended at a fourth straight record closing high and the Dow at its third.
TOKYO, June 10- Japanese government bond prices mostly edged down on Tuesday, pushing up yields in the 9- year and longer zone. As expected, the Bank of Japan refrained from offering to buy JGBs under its massive purchase scheme, as it normally does when the Ministry of Finance conducts a JGB sale.
*Three-month copper on the London Metal Exchange traded up 0.1 percent at $6,678.50 a tonne by 0136 GMT, from the previous session when it dropped to $6,636 a tonne, which was its weakest since May 7.
NEW YORK, June 9- The dollar rose against a basket of major currencies on Monday as a rise in U.S. government bond yields underpinned support for the greenback following last week's strong U.S. jobs report.
Yields on U.S. long-term securities rose for a second straight day, helped as well by easing tensions between Russia and Ukraine, analysts said. Officials from Ukraine and Russia met late on Monday in last-minute talks brokered by the European Union to resolve a dispute that could halt the flow of gas from Russia.
PARIS, June 8- With the euro zone bond market back to irrational exuberance and economic growth returning slowly if unevenly, politics rather than economics now poses the biggest threat to the long-term endurance of Europe's single currency.
NEW YORK, June 9- The dollar rose against a basket of major currencies on Monday in the wake of last week's sturdy U.S. jobs report, with bids supported by higher U.S. government bond yields compared to those of European counterparts.