* Canadian dollar weakens 0.2% against the greenback. * Canadian manufacturing PMI rises to 49.6 in November. * Investors cut Bank of Canada rate hike bets. * 10-year yield falls to lowest since Aug. 18. By Fergal Smith.
Moderating inflation in October pushed
U.S. Treasury yields down further on Thursday after a strong rally the day
before when Federal Reserve Chairman Jerome Powell said the U.S. central bank
could ...
Euro zone yields dropped on Thursday, following U.S. Treasuries, after Federal Reserve chair Jerome Powell signalled the central bank could slow its pace of policy tightening as soon as its December meeting.
The Canadian dollar weakened against its U.S. counterpart on Thursday as investors reduced bets on another oversized interest rate hike by the Bank of Canada next week and despite the greenback losing ground against some major peers.
* Canadian factory sector activity slows for fourth month. * Bank stocks fall after CIBC, BMO and TD report results. By Johann M Cherian. Canada's main stock index rose for the third-straight session on Thursday, supported by technology and commodity-linked shares, while investors digested mixed manufacturing data.
* Canadian dollar weakens 0.3% against the greenback. * Price of U.S. oil rises 2.9% * Canadian manufacturing PMI rises to 49.6 in November. * Canadian bond yields ease across curve.
* World stocks climb to highest since August. * Powell bolsters bets for 50 bps U.S. rate hike this month. * Bond markets rally on hopes of lower terminal rates. * Dollar sags to lowest since August. * China eases some COVID quarantine rules. * Wall Street expected to see slow start after Wednesday's surge. By Marc Jones.
STOCKS: The benchmark BSE Sensex rose 184.54 points, or 0.29%, to 63,284.19, while the broader NSE index gained 60.65 points, or 0.32%, to 18,819, tracking gains in global equities after Federal Reserve Chair Jerome Powell hinted at slowing the pace of interest rate hikes.
* World stocks climb to highest since August. * Powell bolsters bets for 50 bps U.S. rate hike this month. * Bond markets rally on hopes of lower terminal rates. * Dollar sags to lowest since August. * China eases some COVID quarantine rules. * By Marc Jones.
Euro zone yields dropped on Thursday, taking cues from moves in U.S. Treasuries, after Federal Reserve chair Jerome Powell signalled the central bank could slow its pace of policy tightening as soon as its December meeting.
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