TOKYO, July 3- Japanese government bond prices firmed on Friday, tracking firmer Treasuries after a disappointing U.S. employment report raised doubts about whether U.S. interest rates would rise this year. Volume was thin due to caution ahead of Greece's referendum on Sunday on its bailout conditions, as well as a U.S. market holiday on Friday to observe...» Read More
Federal Chairman Ben Bernanke indicated the Fed should be able to keep interest rates low for some time, as the recent drop in commodity prices should reduce the threat of inflation.
It's hard to say whether Wall Street's fear of itself or rising oil prices will be more of an impediment for stocks this week. Both of those trends were apparent Tuesday and could continue to hang over the market Wednesday.
Inflation and housing data and retailers' earnings could contribute to Wall Street's early direction Tuesday. But the stock market will continue to fret over the financial sector and worry through every move in the oil markets.
Bill Gross, founder and chief investment officer of Pimco, does not believe the U.S. Federal Reserve will raise interest rates, he told CNBC on Friday.
I’m always asking the question: If there are so many lenders and so many programs trying to help troubled borrowers, why do the foreclosure numbers keep going up?
It's hard to see Friday's markets as anything but volatile after this past week's wild swings. But if there are no out of the ordinary events, traders say the stock market just might quiet down late in the session as investors head off for one of the final weekends of the summer.
RealtyTrac, the online foreclosure sale site, put out its monthly report today, and it shows foreclosure filings on 272,171 properties in July. That’s up 55% from a year ago.
In response to weak employment news (for example, claims for jobless benefits increases their most in 16 years in July) and a downgrade by the Bank of England in its assessment of England's economic outlook, expectations for interest rate cuts from the Bank of England ramped up today.
The number of U.S. workers filing new claims for jobless benefits fell by 10,000 last week but remained at levels that show labor markets under severe strain.
Costlier energy and food helped push July prices up, but oil prices have begun to decline and analysts hope that the worst might be over.
The euro zone economy recorded its first ever contraction in the second quarter, pulled down by falling activity in its biggest economies, which could lead to a technical recession.
China's industrial output growth slowed to 14.7% in the year to July, a 19-month low, as manufacturers struggled with weakening export demand and rising input costs, the government said on Thursday.
Stocks will be on inflation watch Thursday. Volatile trading in oil and commodities promises to spill into the stock market again. On Wednesday, energy and other commodities rose, reversing a selling trend and worrying investors, who have been hoping for a reprieve from inflation.
So how do you report a 34 percent drop in revenue, a 35% drop in net contracts and a nearly 20% cancellation rate and still come out as the darling of the home building analysts? Welcome to today’s housing market.
High-yield corporate bonds are set to make good returns and are a more attractive way of buying into the credit space than bank shares which remain very volatile, Charlie Morris, manager of global trend fund at HSBC Investments told CNBC Wednesday.
An August poll of fund managers showed a shift in favor of U.S. assets with a more positive attitude towards the dollar.
The Bank of England signalled today that interest rates in the UK will remain on hold for the coming two years if it is to bring inflation back to target even though the economy will be teetering on the edge of recession.
Chinese shoppers turned in a gold-medal performance in July as annual growth in retail sales accelerated to a record 23.3 percent on the back of rising incomes.
Stocks should continue to take most of their cues from oil and the dollar Wednesday, but July retail sales data could also be key.
Japan's economy contracted 0.6% in the second quarter, reinforcing views that the world's No.2 economy has slipped into recession after its longest postwar expansion.