U.S. Treasury yields fell on
Friday, as softer-than-expected inflation data fed the view that
the Federal Reserve could delay its exit from quantitative
easing, while investors also worried about the ...
The Canadian dollar fell
against its broadly stronger U.S. counterpart on Friday but held
on to much of this week's gains as oil prices rose and a
preliminary estimate showed Canada's ...
A rebound in corporate profits and the recent drop in bond yields are helping to moderate U.S. equity valuations, bolstering the case for owning stocks even as markets stand near records and economic growth is expected to slow. The benchmark S&P 500 has climbed more than 17% so far this year, galloping higher despite concerns over a surge in inflation and a projected fall-off in economic growth.
A rebound in corporate profits and the recent drop in bond yields are helping to moderate U.S. equity valuations, bolstering the case for owning stocks even as markets stand near records and economic growth is expected to slow. The benchmark S&P 500 has climbed more than 17% so far this year, galloping higher despite concerns over a surge in inflation and a projected fall-off in economic growth.
U.S. Treasury yields fell on
Friday, as risk aversion reigned in financial markets once again
after an earnings miss from tech giant Amazon.com (AMZN)
weighed on stocks, and amid nagging concerns about the ...
Peru's sol hit record lows and dollar
bonds fell on Friday after newly elected President Pedro
Castillo appointed a far-left prime minister but did not name a
finance minister, while the Mexican ...
The Canadian dollar edged up
against its U.S. counterpart on Friday, with the currency
holding onto this week's gains as a preliminary estimate showed
Canada's economy rebounding in June.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Yoruk Bahceli. German government bond yields closed on Friday after their biggest monthly fall since January 2020, while inflation-linked yields had their largest decline in nine years, part of a global debt rally fed by fears that a COVID-19 resurgence would crimp growth.
* MSCI World Index down 0.3%; Asia ex-Japan -1.1% * Dollar set for worst week since May. * Central banks, earnings vs Delta numbers, China tech. By Simon Jessop. Global shares edged lower on Friday but remained on course for their sixth straight month of gains as solid corporate earnings and central bank largesse kept sentiment intact, while the dollar held near a one-month low.
* MSCI World Index down 0.3%; Asia ex-Japan -1.1% * Dollar set for worst week since May. * Central banks, earnings vs Delta numbers, China tech. By Simon Jessop. Global shares tracked Asia lower on Friday but remained on course for their sixth straight month of gains as solid corporate earnings and central bank largesse kept sentiment intact, while the dollar held near a one-month low.
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