The Canadian dollar weakened
to a one-week low against its U.S. counterpart on Tuesday as
rising global COVID-19 cases weighed on oil and global equity
markets, while investors awaited a Bank of ...
* European stocks 1.9% weaker; U.S. indices down around 1% * Oil drops with eyes on India coronavirus cases surge. * Dollar ticks up from near lowest in weeks. By Rodrigo Campos. A gauge of stock prices across the world was on track on Tuesday for its first back-to-back losses this month, on lingering concern over rising global COVID-19 cases, while oil prices also fell.
Investors sent most U.S. Treasury
yields lower on Tuesday as they moved out of stocks and eyed
challenges many countries still face from the COVID-19 pandemic.
The gap between U.S. and European 10- year government bond yields has tightened to its narrowest in more than a month as Treasurys rallied and German bunds sold off in recent days. The move signals that investors are changing their views about the relative performance of the two economies: The strong recovery of the U.S. has been priced in and a pickup in Covid-19 vaccinations in Europe is raising hopes that the summer will bring better growth there, according to investors and...
The gap between U.S. and European 10- year government bond yields has tightened to its narrowest in more than a month as Treasurys rallied and German bunds sold off in recent days. The move signals that investors are changing their views about the relative performance of the two economies: The strong recovery of the U.S. has been priced in and a pickup in Covid-19 vaccinations in Europe is raising hopes that the summer will bring better growth there, according to investors and...
* Spot gold may enter $1,744-$1,758 range, technicals show. * Gold could stay in $1,760-$1,810 range in near-term- analyst. By Arpan Varghese. Gold prices rose on Tuesday as a drop in U.S. Treasury yields lifted the non-yielding precious metal's appeal. Spot gold rose 0.5% to $1,777.43 per ounce by 2:01 p.m. EDT.
* German, Italian bond yields touch new highs since late Feb. * Moves contained compared to Monday. * ECB gross emergency bond buys highest since June 2020 last week. By Yoruk Bahceli. Euro zone bond yields were little changed on Tuesday, after a hefty sell-off the previous session, as the market paused ahead of the bloc's central bank meeting later this week.
The gap between U.S. and European 10- year government bond yields has tightened to its narrowest in more than a month as Treasurys rallied and German bunds sold off in recent days. The move signals that investors are changing their views about the relative performance of the two economies: The strong recovery of the U.S. has been priced in and a pickup in Covid-19 vaccinations in Europe is raising hopes that the summer will bring better growth there, according to investors and...
The Canadian dollar was little
changed against its U.S. counterpart on Tuesday, with the
currency extending its recent sideways pattern after Monday's
federal budget and ahead of a Bank of ...
Canada's main stock index slipped on Tuesday as elevated U.S. Treasury yields weighed on risk assets and gold prices, although a jump in crude prices limited losses.
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