Investing Securities

  • NEW YORK, March 17- Shares of Real Estate Investment Trusts should get a bump up this year as mutual fund managers buy ahead of a September move by Standard& Poor's to create a new real estate sector in its classification systems. By some reckoning, fund managers could direct as much as $100 billion at the sector as they try to boost REIT holdings to their market...

  • NEW YORK, March 17- U.S. "The market was caught off-guard by the very dovish tone, so we're getting this bull steepening," said interest rate strategist Gennadiy Goldberg of TD Securities in New York. The rate futures market now shows a 43 percent chance that the Fed will raise rates in June for the first time this year, slipping from 51 percent before the central bank's...

  • LONDON, March 17- The ability of investors to buy and sell corporate bonds has actually improved, not declined, in recent years, a paper published by Britain's markets regulator said on Thursday which undermines calls from banks for a regulatory pushback. The paper, written by two of the Financial Conduct Authority's staff for discussion, said dealers in Britain...

  • LONDON, March 17- Market expectations for euro exchange rates over the next month turned positive on Thursday for the first time since the start of February, another sign of weakening faith in the strong dollar trade that has dominated the past two years. As this graphic http://bit.ly/1UCoXhE shows, after a rough few weeks of trade around this month's European...

  • LONDON, March 17- "Why did nobody see it coming?" With this simple question, posed to Professor Luis Garicano of the London School of Economics in November 2008, Britain's Queen Elizabeth famously summed up the layman's astonishment that an obscure part of the derivatives universe could trigger a global financial crisis. Speaking at the AFR Summit in Melbourne...

  • March 17- U.S. stock index futures were lower on Thursday, a day after the Federal Reserve's lowered expectations of two interest rate hikes in 2016 pushed the S&P 500 to its highest close this year. *The confidence from the Fed's decision adds to the recent rally in oil prices and improving economic conditions in the United States that have helped stocks recover...

  • TOKYO, March 17- Net selling of Japanese cash stocks by foreign investors hit a record high last week, which market players said appeared to be linked to selling ahead of settlment of some futures and options contracts last Friday. Foreigners sold 1.193 trillion yen worth of Japanese cash stocks during the week of March 7-11, their 10th straight week of net...

  • TOKYO, March 17- Long-dated Japanese government bond prices surged on Thursday after U.S. Federal Reserve scaled back its interest rate hike projections, boosting U.S. bond prices. The 20- year JGB yield fell 2.5 basis points to 0.405, even as the result of a 1.2 trillion yen 20- year JGB auction held on Thursday was not particularly strong.

  • The Chicago Board Options Exchange Oil Volatility Index, based off moves in the U.S. "Even if you don't necessarily think the market's bottomed, you can have a degree of confidence that we're in a much more sideways pattern, the downward momentum has dissipated and pressure is off implied volatility," said John Saucer, analyst at Houston's Mobius Risk Group.

  • Implied volatility in U.S. crude's West Texas Intermediate market fell below 45 percent on Wednesday, down from a seven-year high above 78 percent on Feb. 12 when WTI was trading at around $35 to $26. "Even if you don't necessarily think the market's bottomed, you can have a degree of confidence that we're in a much more sideways pattern, the downward momentum has...

  • March 16- The backing away from deeper negative interest rates by the European Central Bank and the Bank of Japan may have tied the Federal Reserve's hands, leading it to strike a more accommodative tone. The most striking international developments since last the Fed met in January weren't in China, whose slowing growth Fed Chair Janet Yellen called "not a great...

  • NEW YORK, March 16- Wall Street gained on Wednesday after the U.S. "The market has been pricing two hikes at the most and their adjustment of the end of year forecast is consistent with two hikes," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin. "The Fed struck a very dovish tone, marking down its projected rate increase...

  • BUENOS AIRES, March 16- Argentina's President, Mauricio Macri, won the support of the lower house of Congress for a settlement with bondholders on Wednesday, live TV images showed, leaving just a vote in the Senate between Argentina and the end of a 14- year battle with creditors. Peronist lawmakers loyal to former leftist president Cristina Fernandez, who...

  • BUENOS AIRES, March 16- Argentina's President Mauricio Macri won the support of the lower house of Congress for a settlement with bondholders on Wednesday, live TV images showed, leaving just a vote in the Senate between Argentina and the end of a 14- year battle with creditors. Lawmakers across the political divide voted by a 165 to 86 margin in favor of a deal...

  • March 16- U.S. stock index futures were little changed on Wednesday ahead of the outcome of a Federal Reserve meeting on monetary policy. Fed Chair Janet Yellen is scheduled to hold a press conference at 2:30 p.m.. *Crude prices rose about 2 percent after OPEC and non- OPEC producers agreed to meet next month to discuss freezing output, fueling hopes of strong...

  • TOKYO, March 16- Japanese government bonds firmed on Wednesday, as investors cover their short positions ahead of the outcome of the U.S. The Fed is expected to hold steady at the end of its two-day meeting, which will be followed by a Fed Chair Janet Yellen's news conference. The central bank offered to buy 450 billion yen of 5- year to 10- year JGBs, 420 billion yen of...

  • SHANGHAI, March 16- China stocks edged higher on Wednesday as the country's annual meeting of parliament ended much as it began, with a stream of assurances by Premier Li Keqiang that the economy was facing difficulties but not in danger of a hard landing. China CSI300 stock index futures for March rose 0.3 percent, to 3,052.6, -37.31 points below the current value...

  • NEW YORK, March 15- Foreigners sold U.S. Overseas investors sold $50.4 billion in U.S. Treasury debt during the month, up from outflows of $35.9 billion in December.

  • *Fed hike chances slip after retail sales data-CME's FedWatch. NEW YORK, March 15- U.S. "This is actually setting up for tomorrow," said Justin Lederer, Treasury analyst at Cantor Fitzgerald in New York.

  • March 15- Valeant Pharmaceuticals International Inc's shares plunged 50 percent on Tuesday after the company said a delay in filing its annual report put it in danger of a default on its $30 billion in debt. The news from the Canadian drugmaker, which also slashed its 2016 sales and earnings outlook, prompted Bill Ackman, whose Pershing Square Capital...