U.S. government bond yields
rose on Thursday after a surprisingly strong reading in retail
sales lifted some concerns about growth in the world's largest
economy.
* MSCI World Shares fall, Stoxx 600 up 0.6% * U.S. retail sales and jobs data due. By Elizabeth Dilts Marshall. Global markets dipped on Thursday and U.S. stocks were lower as oil prices retreated and concerns about a possible slowdown in the economic recovery from COVID-19 weighed. Wall Street indexes fell as losses in heavyweight technology and oil stocks offset strong retail sales data.
The Canadian dollar edged lower
against its U.S. counterpart on Thursday as oil prices fell and
investors weighed domestic data showing some weakening in
activity.
Germany's 10-year yield touched a two-month high on Thursday but was broadly flat in late afternoon trading as a sentiment boost provided by positive U.S. data gradually faded away. Euro zone and U.S. bond yields edged up after data showed U.S. retail sales unexpectedly increased in August and the Philadelphia Federal Reserve business conditions index came in higher than expected.
* MSCI World Shares fall, Stoxx 600 up 0.6% * U.S. retail sales and jobs data due. Global markets struggled to gain momentum on Thursday and U.S. stock futures pointed to a slightly lower open for Wall Street, weighed by concerns about a possible slowdown in the economic recovery from COVID-19. European equities gained, bucking the trend from a weak Asian session.
India could be included in two major global bond indexes from the end of 2022, bringing one-off flows of $35-40 billion, Goldman Sachs (GS) said on Thursday. India's inclusion in the JPMorgan GBI-EM Global Diversified Index was more likely by the end of 2022 or early 2023, the bank said in a research note. Goldman Sachs (GS) estimated passive inflows of around $35-40 billion if India joined both indexes.
The crown hit its highest since
February 2020 - when the COVID-19 pandemic first started
rattling markets - on Thursday amid a growing debate over
whether the Czech central bank could speed up its ...
* S.African rand hits two-week low. * Average yield for EM local currency bonds at April 2020 high. * Polish zloty slips on central bankers' views on rates. By Susan Mathew. Emerging market stocks fell 0.8% on Thursday, putting them on course for their worst week in a month on investor fears of contagion from a potential downfall of embattled Chinese property developer Evergrande.
Germany's 10-year yield touched a new two-month high on Thursday as issuance was set to pick up again. Austria started the sale of a new 15-year bond in a syndication, according to a lead manager memo seen by Reuters. In auctions, Spain will raise up 5.5 billion euros from bonds due 2024, 2026 and 2031.
Japanese government bond yields rose on Thursday after an auction for 20-year notes received tepid demand, while overnight gains in U.S. Treasury yields weighed on sentiment.
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