Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to grind upwards as oil prices hit their highest since 2014…
Turkey’s lira slides after Erdogan says wants greater economic control
ISTANBUL (Reuters) – Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least eight years on Tuesday, after President Tayyip Erdogan said he…
Turkey’s Erdogan plans to take greater control of economy: Bloomberg
ISTANBUL (Reuters) – Turkey’s Tayyip Erdogan said he plans to take greater control of the economy after presidential elections next month and the central bank will have to take note…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them. A police…
World shares hemmed in by dollar and Fed rate expectations
LONDON (Reuters) – World stocks inched higher on Wednesday after two days of losses but remained pinned down by the dollar’s recent surge and expectations that a U.S. Federal Reserve…
DoubleLine’s Gundlach says U.S. Treasuries ‘not attractive’
NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday that U.S. Treasuries were “not attractive” even though the 10-year yield US10YT=RR, a benchmark for…
Japan may soften trade stance as U.S. keeps up pressure
WASHINGTON (Reuters) – Despite calls to resist protectionism and for the United States to rejoin a multilateral trans-Pacific trade pact, Japan is gradually shifting gear to adjust to a trade…
Treasury chief may visit China as trade tensions simmer
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world’s two largest economies, as international…
World Bank says shareholders endorse capital increase
WASHINGTON (Reuters) – The World Bank said on Saturday its shareholders had endorsed a $13 billion paid-in capital increase, a series of internal reforms and a set of policy measures…
A U.S. recession ahead? Fed policymakers say not to worry
CHICAGO/SAN FRANCISCO (Reuters) – As the gap between short- and long-term borrowing costs hovers near its lowest in more than 10 years, speculation has risen over whether the so-called yield…