Peru's economy ministry said on Wednesday it had placed bonds equivalent to $2.5 billion in local currency, maturing in 10 years, on the international market.
U.S. Treasury yields mostly moved
lower on Wednesday on stronger jobs data and comments by Federal
Reserve officials, ahead of a key U.S. congressional debt
ceiling vote.
* Canadian dollar gains 0.2% against the greenback. * Canadian first-quarter GDP increases 3.1% * Price of U.S. oil settles nearly 2% lower. * Canada-U.S. 2-year spread narrows by 4.5 basis points. By Fergal Smith.
Global equities and U.S. Treasury yields were lower on Wednesday as bearish sentiment dominated markets, with investors focused on a much-anticipated vote in Congress on raising the U.S. debt ceiling. The U.S. House of Representatives is set to vote on Wednesday on a bipartisan deal that would lift the $31.4 trillion ceiling and allow the government to avert a default.
* Dollar up for the month. * Silver, palladium, platinum bound for monthly fall. * Global palladium market to swing to surplus in 2024 - Nornickel. By Ashitha Shivaprasad. Gold firmed on Wednesday supported by lower Treasury yields but the dollar's strength, with more interest rate hikes in the offing and optimism about a U.S. debt deal kept bullion on course for its first monthly dip in three.
* Canadian dollar weakens 0.2% against the greenback. * Canadian first-quarter GDP increases 3.1% * Price of U.S. oil falls 0.6% * Canada-U.S. 2-year spread narrows by 5 basis points. By Fergal Smith.
Benchmark U.S. 10-year Treasury yields moved lower on Wednesday after data showed lower Euro zone inflation, ahead of a key U.S. congressional debt ceiling vote.
- U.S. stocks fell on Wednesday as a deal to raise the federal debt ceiling headed toward a crucial vote in Congress, while unexpectedly strong labor market data initially raised the likelihood of the Federal Reserve hiking interest rates again.
STOCKS: The benchmark BSE Sensex fell 346.89 points, or 0.55%, to 62,622.24, while the broader NSE index lost 99.45 points, or 0.53%, to 18,534.4, dragged by index heavyweight Reliance Industries and financial stocks, ahead of gross domestic product data for the March quarter.
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