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Investing Securities

  • *Oil dips on U.S. inventory date, doubts on impact of OPEC deal. NEW YORK, Dec 7- U.S. stocks jumped to record levels and bond prices climbed on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. "The market does not have a lot of clarity on what the ECB would do tomorrow," said Jeffery Elswick,...

  • *Oil dips on U.S. inventory date, doubts on impact of OPEC deal. NEW YORK, Dec 7- U.S. stocks rose along with bond prices on Wednesday as investors prepared for the European Central Bank to signal an extension of its bond-buying at its Thursday meeting. "There's a little bit of a bond market rally going on certainly in the long end so that means dividend stocks feel better,"...

  • NEW YORK, Dec 7- U.S. Treasury yields fell on Wednesday, with the 30- year yield on track for its biggest drop in more than three months, as disappointing overseas economic data reduced optimism about global growth ahead of a European Central Bank meeting. "The market does not have a lot of clarity on what the ECB would do tomorrow," said Jeffery Elswick, director of...

  • NEW YORK, Dec 7- The U.S. dollar declined on Wednesday as Treasury bond yields eased and investors looked ahead to next week's Federal Reserve meeting, when the U.S. central bank is expected to raise interest rates but adopt a cautious tone on the economy. "It's a down day for the U.S. dollar broadly," said Greg Anderson, Global Head of FX Strategy at BMO Capital Markets in...

  • NEW YORK, Dec 7- Investors put more money into U.S.-based stock mutual funds than they withdrew for the first time since March, Investment Company Institute data showed on Wednesday, signs of a thaw for the out-of-favor investments since the U.S. presidential election. The funds took in $32 million during the eight days through Nov. 30, according to the data, which...

  • BRUSSELS, Dec 7- European lawmakers are set to give their first backing to a plan to revive the market for asset and mortgage backed securities on Thursday, the EU lawmaker responsible for the initiative said. Last year the European Union's executive arm proposed loosening rules on securitisation, the process through which banks pool and sell loans, in a bid to...

  • Dec 7- U.S. stock index futures rose for the third straight day, as investors continued to bet on a post-election rally that has powered major Wall Street indexes to a series of record highs. *President-elect Donald Trump's proposals to boost infrastructure spending and simplify regulations have boosted financials and industrial stocks since the election on...

  • TOKYO, Dec 7- Benchmark Japanese government bonds firmed slightly on Wednesday, though superlong JGBs weakened as investors positioned for the next session's 30- year sale. "The short end is a little bit up today, while the long end is still weak, partly because there's a 30- year auction tomorrow, and yesterday's liquidity enhancement auction didn't go well," said...

  • SAO PAULO, Dec 6- Oi SA Chief Executive Officer Marco Schroeder said on Tuesday that management plans to meet major creditor groups and potential bidders as early as next week, in a bid to accelerate efforts to help Brazil's No. 4 wireless carrier emerge from bankruptcy protection. Oi's 65.4 billion-real bankruptcy protection case, Brazil's biggest ever, was...

  • NEW YORK, Dec 6- The U.S. Treasury Department on Tuesday sold $45 billion of one-month bills with the fewest bids for this maturity at an auction since August, Treasury data showed. The ratio of bids to the amount offered was 3.23, the lowest since 3.17 at a one-month T-bill auction held on Aug. 23. The Treasury sold the latest one-month bill issue at an interest rate of...

  • District Judge Cecilia Altonaga said the SEC has already made an example of former budget director Michael Boudreaux in its first municipal securities fraud case to go to trial. Though a jury found Boudreaux acted with severe recklessness, he did not gain financially from his conduct, Altonaga said, adding that the fine the SEC was seeking appeared "...

  • *Southern European bond yields tumble. LONDON, Dec 6- Borrowing costs in southern Europe fell on Tuesday with Italian yields briefly hitting three-week lows as focus turned from an Italian referendum to expectations the ECB would contain any financial-market fallout when it meets later this week. Italian 10- year bond yields fell as much as 14 basis points to...

  • *Southern Europe leads tumble in bond yields. LONDON, Dec 6- Italy's government bond yields fell to three-week lows on Tuesday as attention switched from this past weekend's referendum to expectations the European Central Bank would contain any financial-market fallout. Italian bond yields spiked on Monday after Prime Minister Matteo Renzi said he would...

  • *Southern Europe leads tumble in bond yields. LONDON, Dec 6- Italy's government bond yields fell on Tuesday as attention switched from this past weekend's referendum to expectations the European Central Bank would contain any financial-market fallout. Italian bond yields spiked on Monday after Prime Minister Matteo Renzi said he would resign following a...

  • LONDON, Dec 6- Italy's government bond yields fell on Tuesday as attention switched from political uncertainty after a referendum at the weekend to expectations that the European Central Bank would step in to contain any financial markets fallout. "The referendum result could put the ECB under pressure not to taper the asset purchase programme but to extend...

  • TOKYO, Dec 6- Japanese government bond prices slipped on Tuesday, with the benchmark yield climbing to a 10- month high, as a weak liquidity-enhancing auction and firmer Nikkei weighed on the market. An auction by the finance ministry on Tuesday to sell 400 billion yen of off-the-run JGBs, intended to enhance market liquidity, drew tepid demand with investors...

  • NEW YORK, Dec 5- British bank Barclays Plc has joined the list of top banks to exit energy trading, an exodus that analysts say raises concern among oil producers that falling liquidity means they cannot use derivatives for their basic function: to hedge risk by locking in future prices. Wall Street firms have scaled back in commodity markets since the 2008...

  • CHICAGO, Dec 5- Citing rising 10- year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rates to continue to rise as the economy improves. The yield on the benchmark 10- year Treasury note, which has risen to about 2.4 percent from below 2...

  • *Italy bond yields rise 14 bps after' No', then pull back. *DBRS says Renzi resignation negative for key Italy rating. LONDON, Dec 5- Italy's borrowing costs rose on Monday after Prime Minister Matteo Renzi said he would resign following a crushing referendum defeat, although expectations that a snap election would be averted helped contain the sell-off.

  • CHICAGO, Dec 5- Citing rising 10- year U.S. Treasury yields and his forecast for about 2.25 percent economic growth next year, Chicago Federal Reserve President Charles Evans said on Monday he expects interest rate hikes to continue to rise as the economy improves. The yield on the benchmark 10- year Treasury note, which has risen to about 2.4 percent from below 2...