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By Gertrude Chavez-Dreyfuss NEW YORK, Nov 19 (Reuters) – U.S. long-dated Treasury yields, which have fallen in five of the last six sessions, slipped again on Tuesday, with risk appetite weaker overall amid the persistent uncertainty over U.S.-China trade negotiations. U.S. 30-year yields fell to two-week lows, while those on 10-year notes hit a low of 1.795%, matching Monday’s two-week […]
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TORONTO, Nov 19 (Reuters) – Canadian home prices fell in October for the first time in six months but an underlying upswing was maintained, data showed on Tuesday. The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, fell 0.1% last month from September. It was the first decline since April. “The final quarter […]
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After reporting an unexpected improvement in U.S. homebuilder confidence in the previous month, the National Association of Home Builders released a report on Monday showing confidence edged slightly lower in the month of November. The report said the NAHB/Wells Fargo Housing Market Index slipped to 70 in November after climbing to 71 in October. Economists had expected the index to […]
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(Updates with size, details) DUBAI, Nov 19 (Reuters) – Saudi mall operator Arabian Centres is set to raise $500 million with a debut issuance of international Islamic bonds, or sukuk, a document by one of the banks leading the deal showed. The company received over $1.45 billion in orders for the five-year issuance, including $200 million from the banks arranging […]
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(Reuters) – Chinese power generation group SDIC (600886.SS) is considering proceeding with an offering of global depositary receipts (GDRs) in London under a link with the Shanghai exchange, it said on Tuesday. The offering would include newly issued GDRs representing underlying “A” shares in the firm, and the proceeds would be used to help expand SDIC’s renewable energy business overseas […]
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The Australian Prudential and Regulation Authority (APRA) will soon publish its “heatmaps” of super fund investment options, where the worst-performing funds will be coloured deep-red on a range of measures, such as investment performance and fees and costs. It marks a significant change of approach for the regulator, which has previously been more inclined to work with under-performing funds behind […]
Read more MOSCOW, Nov 19 (Reuters) – The rouble gained on Tuesday, with local taxes propping up demand for roubles and protecting the Russian currency from discouraging news regarding U.S-China trade talks. At 0745 GMT, the rouble was 0.1% stronger against the dollar at 63.79 and had gained 0.1% to trade at 70.65 versus the euro. CNBC had reported Beijing was pessimistic […]
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(Repeats with no change to text or headline) * Chinese stocks gain as central bank trims repo rate * Turkish lira firms for second straight session * South African rand eases ahead of central bank meeting * Russian internet company Yandex jumps 5% By Sagarika Jaisinghani and Shreyashi Sanyal Nov 18 (Reuters) – Emerging market shares gained on Monday as […]
Read more Low-cost airline easyJet Plc (ESYJY.PK,EZJ.L) reported Tuesday that its fiscal 2019 profit before tax decreased 3.4 percent to 430 million pounds from last year’s 445 million pounds. Headline profit before tax was 427 million pounds, compared to 578 million pounds a year ago. Total headline profit before tax per seat decreased 32.9 percent to 4.07 pounds per seat. Total revenue […]
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The yield curve is no longer inverted! Hear ye! Hear ye! Short-term interest rates are no longer higher than long-term rates. If I had one of those long, straight trumpets used in medieval times, I’d blow it right now. The yield curve is back to normal with higher rates on long maturity government securities than on shorter ones. Just so […]
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