The Wall Street fear gauge, stuck near zero
It’s real quiet, says the cowboy, as a tumbleweed drifts by. “Yeah . . . too quiet,” comes the reply, just before the men in the black hats burst out of the ravine, guns ablaze. The familiar trope...
View ArticleAppetite for Greek debt faces test
Greece inched closer to a return to public market finance for at least part of its Sisyphean debt burden this week, with benchmark bond yields dropping to levels seen when the country last issued new...
View ArticleSouth Africa’s rand poses big problems for currency traders
If you are an investor wanting a safe, unexciting asset to make a bit of money, avoid South Africa’s rand. It is not that you cannot make money trading the currency. You very much can, and you might...
View ArticleSaturday Papers: Huge hack attack hits NHS hospitals
And Spotify hires advisers on direct NYSE listing option looking to trade stock on open market without fundraising. Source link
View ArticleThese investment trusts have performed brilliantly – so why do they trade at...
Investment trusts that specialise in smaller companies listed on the London Stock Exchange are a great hunting ground for canny long-term investors. The 19-strong “UK smaller companies” investment...
View Article'Why will no-one help me cash in my pension?'
But after months of phone calls and emails he has not found an adviser willing to speak to him about transferring two final salary pensions he has with a former employer. Combined, they would pay...
View ArticleUK pension scam losses hit record high in March
Losses from pension scams climbed to a record high of £8m in March, weeks before the UK government shelved measures to protect elderly savers from fraudsters. Figures released by the City of London...
View ArticleSunday Papers: EU court threatens Brexit trade deals
And UK’s energy price cap could take two years to take effect and even then may not work. Source link
View ArticleAre US Treasury yields truly on the rise?
Here are the big questions we are asking at FT Markets into the third week of May. Are US Treasury yields really heading higher?Retail sales and core inflation data late last week arrived on the...
View ArticleThe consequences of shrinking the Fed’s balance sheet
The Federal Reserve is actively considering a profound change in US monetary policy, in effect the reversal of quantitative easing (QE). In its March meeting, the FOMC discussed its strategy for the...
View ArticleBitcoin’s surge fuels fears of asset bubble
Sky-high valuations for bitcoin have helped the value of crypto currencies burst through $50bn, raising fears of an asset bubble in the unregulated market. A growing number of alternative digital...
View ArticleAsia stocks mixed after cyber attack
Asian stocks were mixed on Monday in morning session after a ransomware attack locked up more than 200,000 computers in over 150 countries and a missile test by North Korea on Sunday kept investors on...
View ArticleJunk bonds’ risk-return profile has been permanently damaged
“The past is always triple-A. We can all remember what the past was. But if we try to make the future triple-A, we have no future. The future is always single-B.” Michael Milken, the “junk bond king”,...
View ArticleUS pension pension fund deficit soars to $3.85tn
US cities and states face a “looming crisis” after the collective funding hole in the public pension system jumped by $434bn in just one year, raising fears of further Detroit-style bankruptcies....
View ArticleSoaring oil helps BP and Shell drive FTSE to record high
BP and Shell have helped the FTSE 100 hit a new all-time high, as the oil price jumped on news Saudi Arabia and Russia had agreed to extend production cuts. The oil price jumped 2.4% to $52.05 a...
View ArticleSoaring oil helps BP and Shell drive FTSE to new high
BP and Shell have helped the FTSE 100 hit a new all-time high, as the oil price jumped on news Saudi Arabia and Russia had agreed to extend production cuts. The oil price jumped 2.4% to $52.05 a...
View ArticleTreasuries probe shapes up to be test for White House
A Department of Justice investigation into cheating in the $16tn market for US government debt is emerging as a potential political and financial test for the Trump administration. As in earlier price...
View ArticleCyber security stocks rally after WannaCry attack
Shares in Sophos (SOPH) are topping the FTSE 250, as investors rush to buy cyber security stocks following the WannaCry attack that hit one in five NHS trusts on Friday and has infected 200,000...
View ArticleHoward Lutnick aims for electronic Treasury trading comeback
Howard Lutnick has set his sights on reclaiming a prime cut of US Treasury bond trading and challenging the dominance of rival Michael Spencer’s Nex Group. The hard-charging 55-year-old chief...
View ArticleMerkel threatens to pull German troops out of Turkey
Chancellor Angela Merkel is considering withdrawing German troops stationed in Turkey after a diplomatic row with Ankara, potentially disrupting the Nato mission against Islamic State. Ms Merkel was...
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