Public confidence in Bank of England hits record low amid mortgage crisis
Public confidence in Bank of England hits record low amid mortgage crisis - latest updates
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Public confidence in Bank of England hits record low amid mortgage crisis - latest updates
U.S. Futures Slip From Record Highs; Dollar Falls: Markets Wrap Bloomberg 1 hr ago Andreea Papuc (Bloomberg) -- U.S. equity futures slipped while European stocks held steady on Monday as investors awaited a fresh round of corporate earnings with global shares sitting at record highs. The dollar slid. S&P 500 Index contracts dropped modestly from a record chalked up last week as earnings season continued, with IBM and United Airlines Holdings Inc. due to report. Shares in the Coca-Cola Company rose in pre-market trading after comparable earnings per share beat analyst estimat...
Cost of Treasuries-Led Rout Seen as Global Bond Sales Falter Bloomberg 3/4/2021 Enda Curran, Emily Barrett and Chester Yung (Bloomberg) -- A string of poorly-received bond auctions in the past week is driving home a message -- the Treasuries-led global rout is leaving investors scarred and governments staring at higher borrowing costs. U.S. yields resumed their rise Wednesday after a brief lull that followed a disastrous sale of seven-year Treasury notes last week. Sovereign bond offerings from Indonesia to Japan and Germany have drawn tepid demand and at least one sale was ...
Brazil Economic Team Enlists Investor Help as Rate Bets Soar Bloomberg 3/2/2021 Aline Oyamada, Rachel Gamarski and Martha Beck (Bloomberg) -- Brazil’s economic team is enlisting investors to help it defend a rule that caps public spending, as growing fiscal concerns sink local markets and push traders to bet on the most aggressive interest rate hike in a decade. Popular Searches Members of Economy Minister Paulo Guedes’s crew and the Treasury have asked fund managers and economists to publicly defend the so-called spending ceiling that limits the growth in public expendi...
Inflation Bets Put South African Rate Hike Back on the Table Bloomberg 2/17/2021 Colleen Goko (Bloomberg) -- Rising energy prices are fueling inflation expectations in South Africa, prompting traders to bet that rate increases are on the cards this year even as the economy remains in the doldrums. Brent crude oil, which determines South African gasoline prices, climbed to the highest since May 2019 on Wednesday. Together with an expected increase in electricity tariffs, that’s pushed breakeven rates -- seen as a gauge of bond traders’ outlook for price rises --- to the h...