Investing Securities

  • Nov 17- S&P 500 and Nasdaq futures were higher on Thursday while Dow futures were little changed, a day after the index broke a seven-day rally, as investors await Federal Reserve Chair Janet Yellen's congressional testimony. *U.S. stocks had been on a tear since Donald Trump's surprise victory in the Nov. 8 U.S. presidential election, with the Dow closing at a record...

  • *Fed Chair Janet Yellen testifies at 1500 GMT. LONDON, Nov 17- Gold clawed higher on Thursday as U.S. "A lot of what's been driving gold has been the U.S. bond market and we've seen rates stabilize now," said analyst Tom Kendall at ICBC Standard Bank in London.

  • FRANKFURT, Nov 17- European Central Bank interest rates may be close to bottoming out but it is still premature to talk about reducing economic stimulus given the risk of acting too early, ECB Executive Board member Yves Mersch said on Thursday. The bloc's recovery is fragile and the rise in inflation may not be sustainable, so any reversal needs to be very gradual...

  • BUDAPEST/ WARSAW, Nov 17- Central European government bonds firmed on Thursday ahead of debt auctions in Bucharest and Warsaw, a rebound that traders called fragile as U.S. Long-term bond yields in the region have surged by around 40 basis points since Donald Trump won the U.S. presidential election on Nov. 8. Treasuries, but this is a vulnerable rebound, "a Budapest-...

  • TOKYO, Nov 17- Japanese government bonds firmed and the yield curve steepened on Thursday, after the Bank of Japan unexpectedly announced its first special fixed-rate buying operation under its revamped monetary policy framework. The benchmark 10- year yield, which rose to a nine-month high of 0.035 percent on Wednesday, was down 1 basis point at 0.005 percent.

  • TOKYO, Nov 17- The Bank of Japan on Thursday fired a warning shot to markets by offering to buy unlimited bonds for the first time under a revamped policy framework, as domestic debt yields surged in the wake of Donald Trump's upset U.S. election victory. BOJ Governor Haruhiko Kuroda said the central bank will not stand idly by as Japanese government bond yields...

  • Treasury yields eased on Thursday as a week-long surge that followed Donald Trump's shock election win subsided further, dragging the dollar off a 13-1/ 2 year peak set overnight and nudging Asian stocks a touch higher. Spreadbetters saw the modest bounce for equities continuing in Europe, forecasting a slightly higher open for Britain's FTSE, Germany's DAX...

  • *MSCI Asia-Pacific index up 0.2 pct, Nikkei up 0.1 pct. Treasury yields eased in Asian trade on Thursday as a week-long surge that followed Donanld Trump's shock election win subsided further, helping Asian stocks gain and dragging the dollar off a more than 13-1/ 2 year peak set overnight. The dollar index, which measures the greenback's strength against a basket...

  • TOKYO, Nov 17- Japanese government bonds firmed on Thursday, after the Bank of Japan announced its first special fixed-rate buying operation under its revamped monetary policy framework. Treasury notes, on expectations the administration of President-elect Donald Trump will embark on reflationary policies. The Ministry of Finance is conducting a 20- year...

  • TOKYO, Nov 17- The dollar edged away from a 13- year peak on Thursday, following an easing of the week-long surge in Treasury yields that was fueled by hopes for the Trump administration's economic policies, and Asian stocks slipped on Wall Street's overnight dip. The currency has been on a tear since Donald Trump was elected president last week, stoking...

  • TORONTO, Nov 16- Canada's main stock index fell on Wednesday as a dip in commodity prices and long-dated bond yields weighed on resource and financials stocks, offsetting gains for the consumer staples group. Cyclical stocks, such as diversified miner Teck Resources Ltd, had been cheap at the beginning of the year and had already started to move up before last...

  • NEW YORK, Nov 16- Foreigners sold a record amount of U.S. Treasury bonds and notes in September, data from the U.S. Treasury Department showed on Wednesday, as investors priced in higher interest rates in the near to medium term given a steadily improving U.S. economy. Simon Derrick, chief markets strategist at BNY Mellon in London, said after nearly 14 years of...

  • NEW YORK, Nov 16- Investors moved more cash from U.S.-based stock funds in the weekly period ending Nov. 9, Investment Company Institute data showed on Wednesday, continuing a major rotation into bonds just before the U.S. presidential election. The data captures cash movements in the weekly period running through the day after the election of Donald Trump as U.S....

  • TORONTO, Nov 16- Canada's main stock index fell on Wednesday as a dip in commodity prices and long-dated bond yields weighed on resource and financials stocks, offsetting gains for the consumer staples group. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed down 22.88 points, or 0.16 percent, at 14,733.22. Six of the index's 10 main...

  • NEW YORK, Nov 16- U.S. homeowners and potential buyers are feeling the sting from the global bond market sell-off stemming from Donald Trump's stunning U.S. presidential victory as mortgage rates posted their biggest weekly rise in 3-1/ 2 years. A measure of U.S. mortgage application activity fell to a 10- month low as 30- year mortgage rates jumped to their...

  • NEW YORK, Nov 16- Kathleen Gaffney, co-director of investment-grade fixed income at $343 billion investment firm Eaton Vance, said on Wednesday that she was looking to buy high-yield bonds in the cyclical sector after a potential selloff and that she was bullish on high-yield energy names on the view that oil prices would stay within a range of $45 to $60 a barrel.

  • LONDON, Nov 16- The euro zone has withstood several crises since 2008 that have thrown the 19- nation bloc's very existence into doubt, centered on its fractured economy, bond market, banking system and, of course, Greece. Elections in France, Germany and The Netherlands next year, as well next month's Italian constitutional referendum, are flashpoints that could...

  • NEW YORK, Nov 16- The U.S. Treasury yield curve flattened on Wednesday with yields on shorter-dated maturities rising while yields on longer-dated ones fell as U.S. producer prices and industrial output data showed inflation could be growing more slowly than expected. Yields on the 2- year note earlier hit 1.03 percent, the highest since Jan. 4.

  • LONDON, Nov 16- Gold eased on Wednesday as the dollar climbed to a 14- year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the U.S. presidency. Spot gold was down 0.1 percent at $1,226.85 an ounce at 1453 GMT, while U.S. gold futures for December delivery were up $2.40 an ounce at...

  • LONDON, Nov 16- The euro zone has withstood several crises since 2008 that have thrown the 19- nation bloc's very existence into doubt, centered on its fractured economy, bond market, banking system and, of course, Greece. Elections in France, Germany and The Netherlands next year, as well next month's Italian constitutional referendum, are flashpoints that could...