* U.S. stocks end lower with growth shares. * Oil prices up as G7 promises new Russian sanctions. * Dollar stumbles as markets reassess rate bets, eye ECB. By Caroline Valetkevitch. U.S. stocks ended a volatile trading session slightly lower on Monday after posting sharp gains the week before, while oil prices and Treasury yields rose.
Treasury yields rose on Monday
as data on orders for durable goods and pending home sales
surprised to the upside, but the sale of two- and five-year
notes was weak as the market gauges the economy ...
Emerging markets trade group EMTA has recommended on Monday that bonds issued by the Russian government should be traded without accrued interest, the typical practice for bonds in default.
* S&P 500 up slightly in early trading. * Oil prices edge higher amid G7 talks on new Russian sanctions. * Dollar stumbles as markets reassess rate bets, eye ECB. By Caroline Valetkevitch. NEW YORK, June 27 - Stocks on global indexes mostly edged higher in volatile trading on Monday, extending last week's sharp gains, while oil prices and Treasury yields rose.
The Canadian dollar was little
changed against its U.S. counterpart on Monday, holding on to
its gains from Friday, as the recent pullback in commodity
prices and bond yields bolstered investor ...
* MSCI world index up 0.5% * Oil volatile after big weekly drop. * Dollar struggles, gold up. * U.S. stock futures rise. By Danilo Masoni. World shares extended their gains on Monday, building on Friday's strong Wall Street close, while oil prices came off their peaks, improving sentiment and tempering concerns of prolonged inflation.
Euro zone bond yields jumped on Monday amid fears about surging inflation, with investors trimming their positions after buying aggressively last week. Safe-haven German bond yields fell more than 20 bps last week in their third-biggest weekly drop this year as limp German Ifo data raised fears of a sharp economic slowdown as traders bought debt aggressively after weeks of selling.
Euro zone yields jumped on Monday with investors rebalancing their portfolios amid fears about surging inflation. "Sure, there are worries about consumer price numbers. The euro area's Harmonised index of consumer prices will be released later this week.
* Lira finds respite after steps to restrict FX lending. * Stocks, currencies steady after Wall Street rally on Friday. * Russia pitches into first major external bond default in century. By Sruthi Shankar.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required