NEW YORK, Dec 9- The euro rose to a six-week high against the dollar and a five-year peak versus the yen on Monday, helped by tighter money market conditions in the euro zone and China's strong trade numbers which have boosted investor tolerance for riskier currencies.» Read More
*ECB holds rates as expected. FRANKFURT, Sept 5- The European Central Bank said on Thursday it was ready to cut interest rates or pump more money into the euro zone economy if needed to bring money market rates down and help the euro zone's "very, very green" recovery.
*ECB holds rates as expected. FRANKFURT, Sept 5- The European Central Bank said on Thursday it was ready to cut interest rates or pump more money into the euro zone economy if necessary to bring money market rates down and help the euro zone's economic recovery.
LONDON, Aug 22- Euro zone money market rates rose on Thursday on forecast-beating business surveys and expectations U.S. monetary stimulus would be trimmed, raising questions about the effectiveness of the ECB's forward guidance.
FRANKFURT, Aug 18- Mario Draghi's silver-tongued eloquence isn't working like it used to- at least to judge from money market rates. The European Central Bank chief, who wowed investors with his vow a year ago to do "whatever it takes" to save the euro, has been unable to steer down market interest rates as much as he would like despite giving' forward guidance' on policy.
*Refunding details, Fed statement, GDP data due Wednesday. NEW YORK, July 30- U.S. A lot of chips are off the table ahead of tomorrow- when we get GDP, the FOMC, and the Treasury's refunding announcement- and Friday when we see the employment data, "said Thomas Simons, money market economist at Jefferies& Co. in New York.
HONG KONG, July 24- The Chinese yuan steadied at a one-week high against the U.S. dollar on Wednesday following a stronger daily fixing, but weak manufacturing data and tighter money market conditions checked gains. 6.1367 per dollar, slightly above Tuesday's close of 6.1374.
HONG KONG, July 19- Hong Kong shares are expected to start steady on Friday, with investors monitoring mainland Chinese markets for any signs of a repeat of last month's cash crunch after money market rates on Thursday briefly hit their highest levels since then. The China Enterprises Index of the top Chinese listings in Hong Kong edged up 0.1 percent.
HONG KONG, July 18- China shares underperformed Asia on Thursday, with financial and property weakness leading to a second-straight daily loss after an early, and short-lived, spike on China's money market aggravated concerns over the availability of financing for real estate developers.
KIEV, July 9- The European Bank for Reconstruction and Development, the largest financial investor in Ukraine, plans to start borrowing in hryvnias on the local market to fund further hryvnia lending, the bank said on Tuesday. Ukraine's parliament passed a bill last week that allows international financial institutions to borrow in hryvnias.
Robert Tipp, Prudential Fixed Income; Brian Belski, BMO Capital Markets, and Rebecca Patterson, Bessemer Trust, discuss whether the rise in yields is over and if money will migrate from bonds into equities.
SHANGHAI, July 5- China's money market rates mostly fell on Friday as regulators signalled they will inject funds into an interbank market still recovering from a massive cash crunch at the end of June that sparked fears of a banking crisis.
*China banks, property sink as fund injection disappoints. HONG KONG, July 2- Hong Kong and China shares fell from their highest in more than a week on Tuesday, with Chinese banks as key index drags after disappointment with the amount of funds the central bank injected at the first of this week's two scheduled open market operations.
*Easing credit crunch in China underpins industrial metals. SINGAPORE, June 27- London copper edged higher on Thursday on expectations the U.S. In China, the top copper consumer, moderation in money market rates extended into a fifth day after the People's Bank of China did not drain any cash from the market, helping stocks recover some of their earlier losses. "
SHANGHAI, June 27- Chinese money market rates extended their moderation into a fifth day on Thursday after the central bank did not drain any cash from the market, and stocks recovered some of their big losses from earlier in the week as investor sentiment steadied.
HONG KONG, June 26- A three-week cash crunch in China's money market has led to a sharp rise in borrowing costs, sent Chinese stocks to four-year lows and spilled over into global markets. -The crackdown on currency speculation by China's forex regulator in late April was the biggest reason for the sudden tightening in onshore money market rates.
WASHINGTON, June 25- The U.S. Federal Reserve on Tuesday proposed requiring that large banks report to regulators data on certain money market instruments. The proposal would capture U.S. banks that have insured deposits and total assets of at least $26 billion, and U.S. branches of foreign banks with third-party assets of at least $900 million.
*Some relief in stressed China money markets also help. TOKYO, June 25- Japan's Nikkei share average rose in choppy trade on Tuesday morning, erasing earlier losses as the weak yen offset lingering worries about stress in China's banking system and the U.S.
SHANGHAI, June 25- Chinese stocks extended losses on Tuesday even as money market rates fell back towards more normal level as the central bank signalled a slight softening in its crackdown on easy credit by opting not to change the amount of cash in the market.
Why are mass amounts of investors bailing from bond funds and emerging market equities? Charles Biderman, TrimTabs Investment Research, shares his insight.
SHANGHAI, June 24- China's cash crunch eased further on Monday after the central bank moved to prevent the money market from seizing up, but bank stocks tanked as the authorities made clear that the days of unlimited cheap official funds are over.