The National Bank of Kuwait has hired a group of banks to arrange investor calls before a planned issuance of U.S. dollar-denominated Additional Tier 1 bonds, a document showed on Tuesday.
Russian rouble hits 6-week highs, but gains limited EM stocks extend rally for 8th session running
Feb 16 (Reuters) - The Turkish lira scaled over six-month highs on Tuesday amid hopes of tighter monetary policy, while Russia’s rouble was bolstered by rising oil prices.
Vaccine rollouts and hopes of more stimulus kept up appetite for risk, denting the safe-haven dollar.
Stocks in the developing world scaled new highs, rising for the 11th session in 12 and marking their longest winning streak since June last year.
Ahead of a central bank rate decision meeting on Thursday, Turkey’s lira firmed 0.5%. The bank is expected to keep rate unchanged at 17%.
Nigeria's annual inflation rose 0.72 percentage points to 16.47% in January from a month earlier, its 17th monthly increase, the statistics office said on Tuesday, as the effect of the coronavirus pandemic weighed on the index.
Mexican financial authorities said on Tuesday they would extend by six months a relaxation of liquidity requirements to banks to prevent shocks stemming from the coronavirus pandemic.
U.S. 10yr Treasury yields top 1.25% Over 100 bln euros demand for Italy bond sale Ultra long euro zone debt under-performs in selloff Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices)
LONDON, Feb 16 (Reuters) - German 10-year bond yields hit their highest level since June on Tuesday as expectations for an economic recovery and extraordinary fiscal stimulus in the United States pushed yields higher across the board.
U.S. President Joe Biden will travel to Wisconsin on Tuesday to press his case for a $1.9 trillion pandemic relief bill in the political battleground state that helped secure his victory in last year’s presidential election.