Investing Securities

  • LONDON, Oct 13- The Turkish lira slid to a record low, the South African rand lost over one percent and emerging equities tumbled to three-week depths on Thursday after weak Chinese data and Fed minutes that signalled a rate hike. She added that this compounded concerns about democratic values in Turkey. South Africa's state prosecutor said Finance Minister...

  • *China trade data disappoints raising more FX weakness concerns. HONG KONG, Oct 13- Asian stocks stumbled to three-week lows and U.S. stock futures and Treasury yields fell after China's September trade data showed a sharp decline in exports, raising fresh concerns about the health of the world's second-biggest economy. A weak Asia was seen pushing down...

  • TOKYO, Oct 13- Longer dated Japanese government bond prices rose on Thursday, with the Bank of Japan's regular debt-buying operation and follow-through support from a firm 30- year auction shoring up the market. The gains in the JBGs were limited, however, as investors were cautious following the recent rise in U.S. The benchmark 10- year JGB yield was unchanged...

  • *China trade data disappoints raising more FX weakness concerns. HONG KONG, Oct 13- Asian stocks stumbled to three-week lows and U.S. stock futures and Treasury yields fell after China's September trade data showed a sharp decline in exports, raising fresh concerns about the health of the world's second biggest economy. Some analysts said the soft data also...

  • CHICAGO, Oct 12- Illinois expects to shield the state's coffers from a potential hit through a remarketing of $600 million of variable-rate bonds early next month, Governor Bruce Rauner's office said on Wednesday. Illinois is limping through a second straight year without a complete budget. As its ratings have fallen, Illinois was able to renegotiate...

  • CHICAGO, Oct 12- Ahead of the sale of $1.35 billion of debt on Thursday, Illinois issued an ominous warning to potential bond buyers that it may not have enough money to make its fiscal 2017 pension payments on time. A budget impasse, along with a $111 billion unfunded pension liability and a growing pile of unpaid bills, have pounded Illinois' ratings into the low...

  • NEW YORK, Oct 12- U.S. "The auction are important because it tells you there's still a demand in the market for the bonds," said Kris Kowal, managing director at DuPont Capital Management in Philadelphia. Worry about weak demand and a hawkish signal from the FOMC minutes pushed yields on benchmark 10- year notes above 1.80 percent for the first time in four months...

  • Ten-year gilt yields tracked U.S. and German yields and rose as high as 1.061 percent, up 8 basis points on the day and within a whisker of levels last seen on June 24, the day after Britain voted to leave the European Union. Treasury yields, "said Marc Ostwald, strategist at ADM Investor Services. Sterling rebounded slightly from a brutal selloff since last week after...

  • LONDON, Oct 12- Euro zone bond yields edged higher on Wednesday after concerns over a "hard Brexit" receded on reports that Britain's parliament will play a larger role in exit negotiations. Sterling rebounded from a record low in trade-weighted terms on Wednesday after Britain's prime minister said she would give lawmakers some scrutiny of the Brexit process...

  • *10- year yields hit highest since June 3. NEW YORK, Oct 12- U.S. Concern that inflation could accelerate now that oil prices are back above the $50 level added to selling pressure in longer-dated Treasuries, with the yield on benchmark 10- year notes above 1.80 percent for the first time since June 3 and 30- year bond yields touching their highest since the Brexit...

  • *Hungary debt agency changes date, topic of news conference. BUDAPEST/ BUCHAREST, Oct 12- Central European currencies eased on Wednesday as a surging dollar triggered a selloff in emerging markets, with plans by Romania to convert Swiss franc mortgages adding pressure on the leu. Pressure on the region's currencies was lower than in Turkey or South Africa.

  • Oct 12- U.S. stock index futures were slightly lower on Wednesday as investors eyed finer details of the Federal Reserve's September policy meeting. *New York Fed President William Dudley and his Kansas counterpart Esther George's appearances at separate events will be carefully watched for their take on rates. *Oil prices were up 0.4 percent as major...

  • LONDON, Oct 12- Euro zone bond yields edged higher on Wednesday after concerns over a "hard Brexit" receded on reports that Britain's parliament will play a larger role in exit negotiations. Sterling rose sharply on Tuesday and on Wednesday morning after news that British Prime Minister Theresa May has offered to give British lawmakers some scrutiny of the...

  • ABUJA, Oct 12- Nigeria's government is in advanced talks with its sovereign wealth fund and stock exchange to create a $500 million exploration fund and corporate mining bonds to attract investment, its mining minister said. The OPEC member has made boosting the mining sector a priority as a slump in crude sales, which provide 70 percent of government revenues,...

  • UPDATE 2-More Chinese firms unveil debt swaps as Beijing struggles to reduce leverage.

  • LONDON, Oct 12- Euro zone bond yields edged higher on Wednesday after concerns over a "hard Brexit" receded on reports that Britain's parliament will play a larger role in exit negotiations. Sterling rose sharply on Tuesday and on Wednesday morning on the back of news that British Prime Minister Theresa May has offered to give British lawmakers some scrutiny of...

  • TOKYO, Oct 12- Japanese government bonds mostly firmed on Wednesday, shrugging off an overnight rise in U.S. Bank of Japan board member Yutaka Harada said on Wednesday that the recent recovery of the 20- year JGB yield was healthy in the light of its past fall. "Japan is quite distant from reaching the limits of monetary easing," said Harada, who was one of the policy...

  • SHANGHAI, Oct 12- China Construction Bank Corp will establish a 24 billion yuan transformation and development fund with Wuhan Iron and Steel Group Corp to help the steel firm reduce leverage, the bank said on its website. Although the statement released on Tuesday did not explicitly mention debt-to-equity swaps, a separate article published Wednesday by...

  • *Dismal earnings from Alcoa and Illumina hit Wall St. TOKYO, Oct 12- Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street's corporate earnings season knocked U.S. stocks, while the dollar and Treasury yields rose on growing expectations of a U.S. rate hike in December. MSCI's broadest index of Asia-Pacific shares outside Japan...

  • NEW YORK, Oct 11- A record single-day amount of U.S. Treasury bills landed on Tuesday in advance of new rules for the $2.7 trillion money market fund industry later this week. "There has been strong demand for some time due to the adjustments that money funds were making in anticipation of the deadline," said Lou Crandall, chief economist at Wrightson ICAP.