Market News

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Ukraine has reached ‘win-win’ debt deal with creditor group: finance minister

China central bank sets yuan midpoint at weakest level since 2011

U.S. Treasury to sell $40 bln in 4-week bills

Text: Greek Prime Minister Tsipras announces bailout referendum

Russian cenbank ready to cut rates if inflation eases – governor

“There is no Grexit scenario” – French Finmin

Ecuador sets price thoughts on tap of 2020 bond – investors

Euro bond market proves irresistible for US corporates

Ukraine’s central bank to strengthen currency controls – Gontareva

Mon Feb 23, 2015 6:42am EST
The head of Ukraine’s central bank said on Monday the bank would tighten currency controls on importers in a move to defend the struggling national hyrvnia currency. More

Colombia to delay $2.44 billion in spending due to oil price fall

Sat Feb 21, 2015 7:45pm EST
Colombia will delay spending 6 trillion pesos ($2.44 billion), some 3 percent of its national budget, due to a sharp fall in oil revenue, the government said on Saturday. More

Bund futures fall, Italian BTP futures rise after Greek deal

Mon Feb 23, 2015 2:12am EST
German Bund futures fell, while BTP futures rose on Monday aftre Greece agreed a conditional financial rescue with Europe. More

Nigeria sells 142.43 bln naira in Treasury bills, yields mixed

Thu Feb 19, 2015 7:12am EST
The yield on Nigeria’s one-year Treasury bills rose at an auction where a total 142.43 billion naira ($722.99 million) was raised, the Debt Management Office (DMO) said on Thursday, in a bid to attract investors to the longer maturity. More

Euro zone consumer confidence rises more than expected in Feb

Thu Feb 19, 2015 10:00am ESEuro zone consumer confidence rose more than expected in February against January, European Commission data showed on Thursday. More

Ukrainian forces quit besieged town after rebel assault

Wed Feb 18, 2015 9:46pm EST
Ukraine pulled thousands of troops out of an encircled town on Wednesday after a massive assault by pro-Russian rebels, who ignored a new ceasefire to seize the strategic railway junction. More

Russian transportation group FESCO warns of risk of bond default

Wed Feb 18, 2015 8:44am EST
Russian transportation group FESCO said on Wednesday that there is a risk the company may default on its rouble bonds and Eurobonds due to deteriorating conditions in the container market and limited access to foreign financing. More

Emergency funds usage jumps after ECB Greek bond ban

Tue Feb 17, 2015 10:06am EST
Usage of central bank emergency funding in the euro zone ballooned by almost 52 billion euros ($59.29 billion) last week after the European Central Bank stopped accepting Greek government bonds in its traditional lending operations. More

Home prices in top China cities stabilize in January, glut rules out national rebound

Tue Feb 17, 2015 2:47am EST
Average new home prices in China’s major cities fell for the ninth straight month in January but showed some signs of stabilizing in the top cities in a small sign that the worst may be over for the ailing property sector. More

China’s economy to grow about 7 percent this year: central bank official

Tue Feb 17, 2015 1:48am EST
China’s economic growth could slow to between 6.9 percent and 7.1 percent this year as the country fends off deflation risks, the head of the Chinese central bank’s research bureau said on Tuesday. More

Ukraine plans to borrow $1 bln to buy gas, fuel oil for reserves

Sat Feb 14, 2015 4:47am EST
Ukraine plans to borrow $1 billion to establish a strategic reserve of natural gas and fuel oil to cover local needs in emergency situations, Prime Minister Arseny Yatseniuk said on Saturday. More

ECB’s Draghi says no sense in speculating on Greece exit from euro

Sun Feb 15, 2015 6:59am EST
European Central Bank President Mario Draghi said in an interview published on Sunday that it made no sense to speculate on Greece abandoning the euro zone. More

Venezuela 2014 inflation hits 68.5 pct -central bank

Fri Feb 13, 2015 7:20pm EST
Venezuela’s inflation rate reached 68.5 percent in 2014, with consumer prices rising 5.3 percent in the month of December, the central bank said in a statement on Friday. More

Asian shares jump on Ukraine ceasefire, Greek hopes

Fri Feb 13, 2015 1:39am EST
Asian shares soared on Friday on news of a ceasefire accord in Ukraine, while Sweden’s surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk appetite. More

Shares rally on Russia-Ukraine deal, Swedish QE surprise

Thu Feb 12, 2015 3:38pm EST
Major U.S. and European equity indices rallied to multiyear or record highs on Thursday after a cease-fire between Russian separatists and Ukrainian forces and surprisingly aggressive stimulus by Sweden’s central bank cheered global markets. More

India’s market watchdog questions ownership of Sahara properties – sources

Wed Feb 11, 2015 9:34am EST
Officials at India’s market regulator, which is seeking redress for millions of investors it says were burnt in conglomerate Sahara’s illegal bond scheme, say the group may not wholly own some of the properties in India it listed as proof of its ability to repay the savers. More

Bank of England to play down deflation fear with new forecasts

Wed Feb 11, 2015 7:00pm EST
Bank of England chief Mark Carney will probably say on Thursday that British inflation will soon go negative, but the scale of its predicted bounceback might make investors rethink how long interest rates will stay at a record low. More

Russian finance minister says budget needs further 600 billion roubles in cuts

Tue Feb 10, 2015 10:45am EST
Russia needs to cut its budget by an additional 600 billion roubles ($9 billion) in 2015, Finance Minister Anton Siluanov told reporters at a G20 finance ministers’ meeting on Tuesday. More

Chinese economy more sustainable now: China central bank

Tue Feb 10, 2015 9:00pm EST
China’s economy is now more sustainable and domestic consumption is steadily rising, Chinese Central Bank Vice Governor Yi Gang told a G20 meeting of finance officials earlier this week. More

Yen gains as investors worry about Greece, Ukraine

Mon Feb 9, 2015 8:04am EST
The yen gained against the dollar and euro on Monday as investors fretted over the conflict in Ukraine as well as Greece’s future in the euro zone. More

Echoes of the 1990s in Ukraine as financial crisis bites

Sun Feb 8, 2015 4:00am EST
A crippling financial crisis in Ukraine is turning the clock back to the 1990s, when people kept dollars in their socks rather than at banks and smuggled cars to sell them on the black market and avoid the tax man. More

Ecuador could pay bonds, make history

Fri Feb 6, 2015 2:39pm EST
Ecuador bonds have defied the slump in oil prices with a solid rebound, and this year the sovereign could pay principal on one of its maturing global issues for the first time ever. More

Ukraine forex market in confusion after bank removes unofficial peg

Fri Feb 6, 2015 6:29am EST
A move by Ukraine’s central bank to ditch an unofficial peg for the hryvnia has plunged the foreign exchange market into confusion, with buyers of hard currency putting off purchases and sellers holding out for higher levels. More

Hryvnia plunges 30 pct after Ukraine stops hard currency auctions

Thu Feb 5, 2015 8:30am EST
Ukraine’s hryvnia was trading at between 24 and 25 hryvnias against the dollar on Thursday, down about 30 percent from yesterday’s close after the central bank said it would no longer peg the rate at foreign currency auctions, traders said. More

Ukraine central bank cuts official hryvnia rate as bid/ask spread balloons

Thu Feb 5, 2015 7:40am EST
Ukraine’s Central Bank cut the official rate of the hryvnia on Thursday, partly tracking a sharp fall in the indicative value of the local currency after the bank scrapped dollar auctions earlier in the day. More

Russian FinMin places 7.34 bln roubles of OFZ treasury bonds

Wed Feb 4, 2015 6:35am EST
The Russian Finance Ministry sold 7.34 billion roubles ($111 million) of OFZ treasury bonds at auction on Wednesday at an average yield of 13.89 percent, out of the 10 billion roubles on offer. More

Russia may again freeze defined pension contributions in 2016

Wed Feb 4, 2015 5:01am EST
Russia may consider freezing defined pension contributions in 2016 if in a difficult financial situation, Labour Minister Maxim Topilin said on Wednesday. More

Longterm JGB rout continues ahead of 30-year sale

Wed Feb 4, 2015 2:45am EST
Japanese government bonds continued to fall on Wednesday, with the benchmark yield rising to a near eight-week high, and the superlong zone selling off a day after a 10-year note sale met surprisingly weak demand. More

German Bund yields bounce after strong U.S. jobs data

Fri Feb 6, 2015 11:38am EST
German Bund yields rose on Friday after a report showed U.S. job growth picked up and wages rebounded strongly, increasing the chances of a mid-year Federal Reserve interest rate hike. More

Against the odds, Russian oil output seen near record this year

Tue Feb 3, 2015 9:32am EST
The twin traumas of an economy-crippling oil price collapse and Western sanctions hobbling energy firms will not deflect Russia from keeping oil output near a record high this year, companies, officials and analysts say. More

Russian cenbank considers further relaxation of banking sector regulation

Tue Feb 3, 2015 8:02am EST
The Russian central bank is considering further relaxing regulation of the banking sector to ease burden on banks pressured by Western sanctions and an economic slowdown, a first deputy governor of the central bank said on Tuesday. More

ECB’s Coeure says will do more if planned bond buying not enough

Mon Feb 2, 2015 5:16am EST
The European Central Bank will reassess its bond-buying programme as it progresses towards its stated end in 2016 and is ready to do more if needed to lift inflation toward the bank’s target, ECB Executive Board member Benoit Coeure said on Monday. More

Rouble retreats after rate cut and new oil price drop

Mon Feb 2, 2015 5:08am EST
Russia’s rouble retreated on Monday, depressed by the central bank’s unexpected decision on Friday to cut rates, a sharp reversal in oil prices and renewed violence in Ukraine. More

Asian shares skid as China data disappoints

Mon Feb 2, 2015 2:14am EST
Asian shares languished on Monday, after the latest gauge of China’s factory sector activity raised concerns about the world’s second-largest economy. More

Greek coalition ally seeks tax amnesty to get cash back to banks

Sun Feb 1, 2015 7:41am EST
The junior partner in Greece’s ruling coalition plans to propose a tax amnesty on undeclared income deposited in Greek banks in a bid to reverse the rising tide of funds fleeing the country, the party’s leader said in an interview published on Sunday. More

Germany, ECB play hard ball with Greece

Sat Jan 31, 2015 9:01am EST
German Chancellor Angela Merkel ruled out a debt writedown for Greece on Saturday, and a European Central Bank policymaker threatened to cut off funding to Greek banks if Athens does not agree to renew its bailout package. More

Russian economy ministry to base 2015 f’casts on oil price of $50 per barrel -minister

Thu Jan 29, 2015 11:40am EST
Russia’s Economy Ministry will base its main macroeconomic development scenario for 2015 on an oil price of $50 per barrel, Minister Alexei Ulyukayev said on Thursday. More

Belarus may hold restructuring talks if hard to pay $4 bln debt-Lukashenko

Thu Jan 29, 2015 5:13am EST
Belarus has to pay $4 billion in debt this year and could hold talks on a restructuring if the country struggled to pay it back, President Alexander Lukashenko said on Thursday. More

Germany says nobody wants new sanctions but Russia must observe ceasefire

Thu Jan 29, 2015 3:32am EST
German Economy Minister Sigmar Gabriel said on Thursday that Europe had no interest in imposing tougher new sanctions on Russia over Ukraine, but the only way forward was to abide by the terms of last year’s ceasefire agreed in Minsk. More

EU considers capital markets curbs among new Russia sanctions

Wed Jan 28, 2015 3:46pm EST
New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday. More

Fed upbeat on U.S. economy, cites strong job gains

Wed Jan 28, 2015 5:49pm EST
The Federal Reserve on Wednesday said the U.S. economy was expanding “at a solid pace” with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. More

Fed, ECB encourage return to emerging markets in January – IIF

Wed Jan 28, 2015 6:36am EST
Foreign money flows into emerging markets bounced back in January, buoyed by the ECB starting quantitative easing and by the receding prospect of a U.S. rate hike, the Institute of International Finance (IIF) said. More

China plans to set 2015 growth target at ‘around 7 percent’

Wed Jan 28, 2015 5:56am EST
China plans to cut its growth target to around 7 percent in 2015, its lowest goal in 11 years, sources said, as policymakers try to manage slowing growth, job creation and pursuing reforms intended to make the economy more driven by market forces. More

30-year yield hits record low as U.S. business spending disappoints

Tue Jan 27, 2015 11:01am EST
U.S. Treasury debt prices rose on Tuesday, with 30-year yields touching record lows after economic data signaled falling crude oil prices and sputtering world growth may be dragging on U.S. businesses. More

Russia’s 2014 arms sales top $15 bln – Putin

Tue Jan 27, 2015 10:49am EST
Russia sold more than $15 billion worth of arms in 2014, President Vladimir Putin said on Tuesday, adding that new signed orders stood at nearly $14 billion. More

EU agrees 1.8 billion euros for Ukraine, to consider more

Tue Jan 27, 2015 7:47am EST
EU finance ministers agreed on Tuesday to loan Ukraine 1.8 billion euros ($2.0 billion) to help save it from bankruptcy, leaving open the option of increasing aid at a later stage. More

Russian crisis plan won’t mean a bigger budget – fin min

Tue Jan 27, 2015 6:39am EST
An economic crisis plan that Russia just adopted won’t require any more budget spending than was already planned, Finance Minister Anton Siluanov said on Tuesday. More

S&P downgrades Russia’s sovereign credit rating to ‘junk’

Mon Jan 26, 2015 4:35pm EST
Ratings agency S&P cut Russia’s sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade. More

Swiss National Bank says stands ready to intervene in FX market

Mon Jan 26, 2015 11:37pm EST
The Swiss National Bank is ready to intervene in the foreign currency market to ease monetary policy after ditching its cap on the Swiss franc earlier this month, its vice-chairman said in an interview on Tuesday. More

Short-dated JGBs firm, longer bonds hit by high volatility

Sun Jan 25, 2015 11:08pm EST
Japanese government bonds were mixed on Monday in thin trading as short-dated bond prices gained on firmness in Treasuries and European bonds, while longer-dated bonds slipped as recent volatility in the sector sapped demand. More

Political foundation of euro project has been weakened – ECB’s Coeure

Sat Jan 24, 2015 8:47am EST
Weak growth and high unemployment are weakening Europe’s single currency project and it is up to politicians to act following the decision by the ECB this week to launch a quantitative easing programme, ECB board member Benoit Coeure said. More

ECB’s Visco sees buying of Greek bonds in QE programme by June

Fri Jan 23, 2015 2:42am EST
European Central Bank governing council member Ignazio Visco said on Friday that, as part of its government bond-buying programme, Greek sovereign bonds can be purchased starting in June due to limitations in issues, according to a TV interview. More

China’s bad debt ratio rises to five-year high in 2014

Thu Jan 22, 2015 10:21pm EST
The bad debt ratio of Chinese banks climbed to 1.6 percent as of the end of 2014, government data showed on Friday, a level not seen since the global financial crisis and underscoring building financial pressures as China’s economy cools. More

German bond yields rise on worries QE might end 16-month rally

Thu Jan 22, 2015 5:53am EST
German 10-year bond yields rose on Thursday, as investors weighed up whether a 16-month rally in the top-rated debt can continue after the ECB launches a much-anticipated bond-buying scheme. More

Euro zone bond yields rise as QE unknowns rattle investors

Thu Jan 22, 2015 3:45am EST
Investors reduced exposure to euro zone sovereign debt on Thursday as markets waited nervously to hear if new European Central Bank stimulus would live up to their sky-high expectations. More

German bund futures fall as ECB doubts set in

Thu Jan 22, 2015 2:22am EST
German Bund futures fell on Thursday, as investors were concerned any announcement of new stimulus from the European Central Bank may not live up their high expectations. More

Swiss central bank says inks pact for renminbi clearing with PBOC

Wed Jan 21, 2015 12:22pm EST
Switzerland’s central bank said on Wednesday that it agreed with the People’s Bank of China (PBOC) to establish clearing arrangements in Switzerland for renminbi trading and extend a pilot scheme for Swiss investors. More

EU capital markets plan does not need a super-regulator-official

Wed Jan 21, 2015 10:39am EST
The European Union’s plan to build a capital market union (CMU) will not include a super-regulator for markets in the same way the European Central bank now supervises top euro zone lenders, a senior EU official said on Wednesday. More

Russia’s FinMin says places 1.11 bln roubles at OFZ treasury bond auction

Wed Jan 21, 2015 6:25am EST
Russia’s Finance Ministry sold 1.11 billion roubles ($16.88 million) worth of its OFZ treasury bonds at a weekly auction, out of 5 billion roubles on offer, Reuters data showed on Wednesday. More

German yields slip towards record lows as ECB QE decision nears

Wed Jan 21, 2015 4:08am EST
German yields dipped towards record lows on Wednesday with firm bets that the European Central Bank will imminently launch quantitative easing expected to help demand at Berlin’s first sale of a zero interest-bearing five-year bond. More

Russia says sanctions decision shows EU not changing “unfriendly course”

Tue Jan 20, 2015 5:30am EST
The European Union has shown it is not ready to change its “unfriendly course” by leaving in place economic sanctions against Russia over the Ukraine crisis, the Russian Foreign Ministry said on Tuesday. More

Fitch: India Policy Rate Cut to Have Minimal Credit Impact

Tue Jan 20, 2015 4:28am EST
The surprise decision by the Reserve Bank of India (RBI) to cut its policy rate by 25bps to 7.75% on 15 January, does not have a significant credit impact in the short term, says Fitch Ratings. More

Ukraine central bank official says optimistic about outcome of IMF talks

Tue Jan 20, 2015 4:16am EST
A Ukrainian central bank official said on Tuesday he felt optimistic about the outcome of negotiations with the International Monetary Fund in Kiev which Ukraine hopes will lead to further financial aid. More

Five-year JGB yield falls to negative levels for the first time

Mon Jan 19, 2015 11:27pm EST
The five-year Japanese government bond yield slipped into the negative for the first time on Tuesday as the Bank of Japan’s massive bond-buying programme has left few bonds available for investors. More

Oil’s plunge to siphon Gulf petrodollars from global markets

Mon Jan 19, 2015 8:23am EST
Plunging oil prices could prompt Gulf Arab sovereign wealth funds to pull tens of billions of dollars out of global markets this year, with much of the money expected to come out of U.S. dollar debt and deposits with banks abroad. More

Ukraine central bank could hike main interest rate

Fri Jan 16, 2015 7:08am EST
Ukrainian central bank head Valeriia Gontareva said on Friday the bank was considering raising the main refinancing rate to combat inflation. More

Euro zone Dec prices fall confirmed ahead of ECB decision

Fri Jan 16, 2015 5:01am EST
Euro zone consumer prices fell in December for the first time since 2009, the European Union’s statistics office confirmed on Friday, ahead of an expected European Central Bank decision next week to start printing money to get prices rising again. More

Global economic outlook still glum even with cheaper oil – IMF

Thu Jan 15, 2015 11:22am EST
A sharp drop in oil prices and a stronger U.S. economy probably won’t be enough to brighten the prospects for global economic growth this year, the head of the International Monetary Fund said on Thursday. More

Russia may struggle to keep investment grade rating if oil prices don’t recover – Fitch

Thu Jan 15, 2015 5:31am EST
Russia may struggle to maintain its investment grade credit rating if the price of crude oil fails to recover from six-year lows, rating firm Fitch said on Thursday. More

Russian Energy Minister says oil price volatility “part of market conditions”

Wed Jan 14, 2015 10:31am EST
Russian Energy Minister Alexander Novak said on Wednesday that many countries believed it was impossible to artificially regulate oil prices. More

Russia to support some top banks through sale of treasury bonds – Finance Ministry

Wed Jan 14, 2015 7:48am EST
The Russian Finance Ministry is ready to provide funds for some of the country’s top banks and will make decisions on supporting other financial institutions later, a senior ministry official said on Wednesday. More

Germany boasts balanced budget, resists euro zone stimulus

Tue Jan 13, 2015 1:28pm EST
Germany boasted on Tuesday it had balanced its budget for the first time since 1969 and pressed euro zone partners to follow its austere example rather than try to stimulate their stagnant economies with borrowing or central bank money-printing. More

BOJ to cut next fiscal year’s CPI forecast to 1.5 pct or lower -sources

Tue Jan 13, 2015 8:40am EST
The Bank of Japan is expected to cut its core consumer inflation forecast for next fiscal year – the deadline for meeting its 2 percent target – to 1.5 percent or lower, sources say, keeping it under pressure to expand an already huge stimulus programme. More

Mexico says has covered half foreign debt issuance for 2015

Mon Jan 12, 2015 11:43pm EST
Mexico’s sale of a new 30-year benchmark dollar bond and top-up of its 2025 ten-year dollar bond means the country has already covered half of its planned foreign currency debt issuance for 2015, the finance ministry said on Monday. More

Moscow Exchange says derivatives trading interrupted

Mon Jan 12, 2015 6:26am EST
The Moscow Exchange said trading on its derivatives market was interrupted at 2:04 p.m. (1104 GMT) on Monday. More

Economies grow in U.S. counties but strength still eludes many

Mon Jan 12, 2015 12:01am EST
The economies of almost all U.S. counties grew by leaps and bounds last year, yet few returned to the health they reached before the 2007-09 recession, a report released on Monday shows. More

Japan readies record $800 bln 2015-16 budget, curbs bond sales -sources

Sun Jan 11, 2015 5:22am EST
Japan’s government will propose a record budget for next fiscal year of more than $800 billion but cut borrowing for a third year, government officials said on Sunday, as Prime Minister Shinzo Abe seeks to maintain growth while curbing the heaviest debt burden in the industrial world. More

ECB looking at risk-sharing mix for QE plan-sources

Fri Jan 9, 2015 6:50am EST
The European Central Bank is considering a dual approach to government bond purchases which would involve both it buying debt and sharing the risk across the euro zone and, in a nod to German qualms, separate purchases by national central banks. More

Euro zone Dec sentiment unchanged, Nov producer prices fall

Thu Jan 8, 2015 5:22am EST
Euro zone economic sentiment was unchanged in December against the previous two months, data showed on Thursday, as a more upbeat end-of-year mood in the services and retail sectors and among consumers was offset by a gloomier industry. More

Spanish yields dip before a debt sale QE bets are likely to support

Thu Jan 8, 2015 4:40am EST
Spanish bond yields headed down on Thursday before the country’s 2015 debt sales, which is expected to get off to a solid start as investors bet the European Central Bank will soon announce new monetary stimulus. More

Oil price to fall until major Asian manufacturers feel the benefit

Wed Jan 7, 2015 4:25am EST
Oil prices will continue to drop as high production meets weak demand and a strong U.S. dollar pressures crude, and markets will only pick up once major manufacturing economies particularly in Asia feel the benefit of cheaper energy. More

Euro zone bond yields near lows as inflation expectations evaporate

Wed Jan 7, 2015 4:11am EST
Euro zone bond yields hung near their lows on Wednesday, with the market’s longer-term inflation expectations at their weakest levels on record ahead of data expected to show consumer prices fell in the currency bloc in December. More

Japan budget sees FY ’15-’16 tax revenue at 24-yr high of 54.5 trln yen – sources

Tue Jan 6, 2015 5:35am EST
Japan’s budget for next fiscal year will forecast 24-year high tax revenues of $460 billion as corporate profits surge under the economic growth policies of Prime Minister Shinzo Abe, people involved in the process said on Tuesday. More

German yields hit record lows on Greece, ECB QE bets

Tue Jan 6, 2015 4:26am EST
German Bund yields plumbed record lows on Tuesday as anxiety about Greece’s future in the euro zone and concerns about global growth drove demand for assets perceived as safe. More

JGB benchmark yield hits new record low on global risk averse mood

Mon Jan 5, 2015 9:02pm EST
The benchmark Japanese government bond yield fell to a record low on Tuesday as rising global risk aversion hit Tokyo shares and prompted investors to seek safe-haven debt. More

Euro zone in better position to limit contagion-Germany

Mon Jan 5, 2015 6:40am EST
The euro zone has new mechanisms in place that limit the threat of contagion, a spokeswoman for the German finance ministry said on Monday, in response to a question about whether the bloc could cope with a hypothetical Greek exit. More

German inflation slows ahead of crucial ECB meeting

Mon Jan 5, 2015 5:09am EST
German inflation looked set to fall further in December, according to data from several states, raising pressure on the European Central Bank to unveil unconventional new measures to boost prices at a closely-watched meeting later this month. More

Fed’s Mester sees rate rise in next six months -Fox TV

Fri Jan 2, 2015 9:59am EST
A top Federal Reserve official said on Friday she could see the U.S. central bank raising interests rate in the first half of the year, given that the economy is on “very firm footing.” More

Euro zone peripheral yields sink after Draghi comments

Fri Jan 2, 2015 3:15am EST
The gap between Spanish and German bond yields fell to its lowest level since early 2010 on Friday as bets firmed that the European Central Bank was preparing to launch new stimulus measures. More

Euro zone peripheral yields sink after Draghi comments

Fri Jan 2, 2015 3:15am EST
The gap between Spanish and German bond yields fell to its lowest level since early 2010 on Friday as bets firmed that the European Central Bank was preparing to launch new stimulus measures. More

Emerging market bond issuance hits record high in 2014

Tue Dec 30, 2014 7:35am EST
Emerging market borrowers issued a record volume of bonds denominated in hard currency during 2014, seizing the opportunity of ultra-low interest rates though few expect the trend to carry on into 2015. More

Russian company debt contaminates sovereign dollar bonds

Tue Dec 30, 2014 1:45am EST
As Russia confronts financial crisis, investors in its sovereign dollar bonds are braced for things to get worse before they get better, even though few expect a full-blown sovereign default. More

Argentina posts $736 mln current account deficit in 3rd qtr

Mon Dec 29, 2014 2:20pm EST
Argentina on Monday reported a current account deficit of $736 million in the third quarter after posting a $609 million surplus in the second quarter. More

Russian company debt contaminates sovereign dollar bonds

Mon Dec 29, 2014 11:24am EST
As Russia confronts financial crisis, investors in its sovereign dollar bonds are braced for things to get worse before they get better, even though few expect a full-blown sovereign default. More

Greek yields rise, stocks fall as failed vote paves way for election

Mon Dec 29, 2014 5:49am EST
Greek government bond yields rose and stocks fell on Monday after parliament failed to elect a president at a final round of voting, paving the way for national elections early next year. More

Ukraine’s parliament approves austerity laws needed for draft budget

Sun Dec 28, 2014 3:08pm EST
Ukraine’s parliament backed on Sunday the final reading of laws that will simplify tax legislation and impose additional duties on imports, improving the chances a 2015 budget will be approved soon as required by the country’s Western backers. More

Russian govt allocates $110 mln for arms exporters

Sun Dec 28, 2014 4:27am EST
The Russian government said on Sunday it has pledged 6 billion roubles ($110 million) to help arms exporters service loans from domestic banks, in a further show of state support for companies hit by the country’s financial crisis. More

Japan’s government hopes stimulus to push up GDP by 0.7 pct

Sat Dec 27, 2014 4:34am EST
Japan’s government approved on Saturday stimulus spending worth $29 billion aimed at helping the country’s lagging regions and households with subsidies, merchandise vouchers and other steps, which it hopes will boost GDP by 0.7 percent. More

Saudi ministry to discuss deficit financing with central bank

Fri Dec 26, 2014 2:08am EST
Saudi Arabia’s Finance Ministry will discuss with the central bank its options for financing the large state budget deficit expected next year, and may cover some of the shortfall with borrowing, Finance Minister Ibrahim Alassaf said. More

Russia’s FinMin to offer $3 bln at fx deposit auction

Fri Dec 26, 2014 7:32am EST
Russia’s Finance Ministry will offer $3 billion at a forex deposit auction on Dec. 29 for 28 days, the Treasury said on Friday. More

Brent holds above $60 in thin Christmas trading

Thu Dec 25, 2014 9:48pm EST
Brent crude prices held above $60 a barrel in early Asian trade on Friday as strong U.S. economic data supported the market, while a building supply glut capped gains. More

Russia says currency crisis over, but inflation set to soar

hu Dec 25, 2014 7:11am EST
Russia said its currency crisis was over on Thursday but warned that inflation is set to climb above 10 percent, adding to the problems facing President Vladimir Putin’s government as it fights its worst economic crisis since 1998. More

Japan 2-year JGBs sold at negative yield for first time

Wed Dec 24, 2014 10:56pm EST
Japanese two-year government bonds were sold for the first time at negative yields on Thursday, underlining strong demand for the debt under the Bank of Japan’s qualitative and quantitative easing policy, through which it buys large amounts of short-term debt. More

Russia holding talks with ratings agencies

Wed Dec 24, 2014 8:06am EST
Russia is holding talks with international ratings agencies to explain the situation in the economy, Russian news agencies RIA and Interfax quoted Finance Minister Anton Siluanov as saying on Wednesday. More

Italy says may resume issuing bonds in U.S. dollars in 2015

Tue Dec 23, 2014 6:13am EST
Italy’s Treasury may issue debt denominated in U.S. dollars next year for the first time since 2010 to refinance global bonds worth $6.5 billion which mature in 2015, it said in a document on Tuesday. More

UK growth slows slightly in third quarter

Tue Dec 23, 2014 4:54am EST
Spending by households drove Britain’s economic recovery once again in the third quarter despite a slight fall in disposable incomes and weaker business investment growth than previously reported, official data showed on Tuesday. More

Foreign investors buy bulk of Cyprus’s December retail bond issue

Tue Dec 23, 2014 4:24am EST
Foreign investors bid for more than three times the amount of retail bonds offered by Cyprus in December and bought the vast majority of six-year issue, the finance ministry said on Tuesday. More

Kazakhstan says prepared for oil as low as $40 per barrel

Mon Dec 22, 2014 7:28am EST
Kazakhstan, the second largest ex-Soviet oil producer after Russia, has plans in place should global oil prices fall as low as $40 per barrel, President Nursultan Nazarbayev told local TV channels. More

Low costs, yield hunt to propel long-term euro zone bond sales in 2015

Mon Dec 22, 2014 6:59am EST
Euro zone governments are preparing to sell a record amount of bonds next year, tilting towards more long-term debt as they try to lock in historically low borrowing costs. More

Russian central bank to bail out Trust Bank with up to $530 million

Mon Dec 22, 2014 6:23am EST
Russia’s central bank said it would will provide a mid-sized bank to with up to 30 billion roubles ($530 million) to stop it going bankrupt, in the first bailout of its kind during the current rouble crisis. More

“Russian banks unable to meet capital adequacy ratios due to rouble slide – minister”

Fri Dec 19, 2014 2:30am EST
Russian Finance Minister Anton Siluanov said on Friday that because of the rouble’s slide the country’s banks have insufficient capital to meet their capital adequacy ratios. More

Asia relieved by Wall St bounce, upbeat Fed

Thu Dec 18, 2014 1:05am EST
Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus. More

EU says Ukraine needs $15 bln, has limited ability to help

Wed Dec 17, 2014 8:00am EST
The International Monetary Fund estimates Ukraine needs another $15 billion in financing to withstand an economic crisis but the European Union has only limited capacity to help, European Commission President Jean-Claude Juncker said on Wednesday. More

German yields pinned near record lows as Russia, Greek vote eyed

Wed Dec 17, 2014 3:59am EST
Investor nervousness over Russia’s gathering financial crisis and an upcoming presidential vote in Greece kept German Bund yields pinned near record lows on Wednesday. More

Russian FinMin says selling part of $7 bln FX stocks

Wed Dec 17, 2014 3:39am EST
Russian Finance Ministry said on Wednesday it was selling foreign currency from its leftover stocks, of which it has around $7 billion, in a move seen as an attempt to support the rouble. More

German 10-year bond yields dip below 0.6 percent on Russian worries

Tue Dec 16, 2014 6:43am EST
German 10-year bond yields fell below 0.60 percent for the first time on Tuesday, as a collapse in Russian financial markets sent investors to seek refuge in safe haven assets. More

Russian Finance Ministry says cancels weekly treasury bond auction

Tue Dec 16, 2014 6:20am EST
Russia’s Finance Ministry said on Tuesday it was cancelling its weekly auction of OFZ treasury bonds on Wednesday due to unfavourable market conditions.More

European stocks, Bund yields fall after weak German PMI

Tue Dec 16, 2014 3:43am EST
European stocks fell and German Bund yields hit a record low on Tuesday after data showed Germany’s private sector grew at the slowest pace in 18 months in December. More

Five-year JGB yield hits record low after strong auction

Tue Dec 16, 2014 12:54am EST
Japanese government bond prices ticked up on Tuesday as sinking oil prices raised concerns over the global economic outlook, with the five-year yield falling to a record low following a strong auction result. More

Russian rouble jumps after Russian central bank rate hike

Mon Dec 15, 2014 5:42pm EST
The Russian rouble jumped against the U.S. dollar on Tuesday after the Russian central bank raised its key interest rate to 17 percent from 10.5 percent to boost its currency and curb inflationary risks. More

Russian cenbank raises key interest rate to 17 pct from 10.5 pct

Mon Dec 15, 2014 5:17pm EST
Russian central bank has decided to hike its key interest rate to 17 percent from 10.5 percent, it said in a statement More

Russian firms explore ways to ease pain of foreign debt payments

Thu Dec 18, 2014 8:30am EST
Russian firms are scrambling to repay or restructure the terms of foreign currency loans as the rouble’s loss of value and an interest rate hike push up the cost of debt servicing. More

Greek central bank chief warns of “irreparable” damage from political crisis

Mon Dec 15, 2014 2:24pm EST
Greece’s economy faces the risk of “irreparable” damage as the political crisis of recent days takes on increasingly serious proportions, the country’s central bank chief said in prepared speech remarks on Monday. More

Australia govt postpones budget update amid security scare

Sun Dec 14, 2014 8:41pm EST
Australia’s conservative government said on Monday it had postponed the release of a mid-year budget update due to a security alert in Sydney, where hostages are being held in a cafe in the central business district. More

Abe coalition secures big Japan election win with record low turnout

Sun Dec 14, 2014 11:49am EST
Japanese Prime Minister Shinzo Abe’s coalition cruised to a big election win on Sunday, ensuring he will stick to reflationary economic policies and a muscular security stance, but record low turnout pointed to broad dissatisfaction with his performance. More

“China November bank lending well above forecasts at 852.7 bln yuan”

Fri Dec 12, 2014 3:17am EST
Chinese banks made 852.7 billion yuan ($137.8 billion) worth of new loans in November, data showed on Friday, well above market expectations but still unlikely to dispel worries about the country’s sputtering economic growth. More

Russia’s FinMin to offer $3 bln at fx deposit auction on Dec. 15

Fri Dec 12, 2014 2:35am EST
Russia’s Finance Ministry said on Friday it would offer $3 billion at a 14-day foreign-currency deposit auction on Dec. 15, as part of its efforts to ease pressure on the rouble. More

Bund futures rise as oil tumbles, mirror U.S. move

Fri Dec 12, 2014 2:17am EST
German Bund futures rose on Friday, mirroring a move in U.S. Treasuries, as tumbling oil prices weighed on global inflation expectations. More

” Euro zone bond yields fall as ECB loans take-up support QE bets”

Thu Dec 11, 2014 7:45am EST
Most euro zone bond yields fell on Thursday after banks made modest bids for the European Central Bank’s second handout of long-term loans, keeping alive bets for more aggressive stimulus measures. More

Russia may put money from National Wealth Fund in bank deposits in Jan – RIA

Thu Dec 11, 2014 6:05am EST
Russia’s Finance Ministry may take some money from its National Wealth Fund to put in banks’ deposits in January, Deputy Finance Minister Alexei Moiseev was quoted as saying by RIA news agency on Thursday. More

Russian central bank raises key rate by 100 bps

Thu Dec 11, 2014 5:34am EST
Russia’s central bank raised its main lending rate by 100 basis points to 10.5 percent on Thursday. More

Ukrainian PM says needs funds from international donors to prevent default

Thu Dec 11, 2014 4:42am EST
Ukrainian Prime Minister Arseny Yatseniuk on Thursday called for a conference of international lenders to be held to provide Ukraine with extra funds to head off a default. More

German yields pinned at record before ECB loan handout

Thu Dec 11, 2014 3:41am EST
German bond yields were pinned at record lows on Thursday before the European Central Bank’s second handout to banks of long-term loans that could reinforce bets for more aggressive stimulus. More

Oil rout puts the squeeze on inflexible exporters – Moody’s

Wed Dec 10, 2014 1:31pm EST
Russia and Venezuela stand to lose the most from sliding oil prices, with the latter facing a growing risk of default because of its large fiscal deficit and high state spending, Moody’s said in a report. More

Russia may revise 2015 budget if conditions change sharply – PM

Wed Dec 10, 2014 4:12am EST
Russia may be forced to revise its 2015 budget if economic conditions change sharply, Prime Minister Dmitry Medvedev said on Wednesday. More

Greek bonds fall, yield curve inverts on political fears

Wed Dec 10, 2014 3:23am EST
Greek bonds extended losses on Wednesday, with yields on short-dated debt spiking sharply above longer-dated ones, as investors worried about the upcoming presidential elections that could catapult the leftist anti-bailout Syriza party to power. More

Asian shares, dollar, oil dip but pull off lows

Wed Dec 10, 2014 2:02am EST
Asian shares, the dollar and oil prices all slumped on Wednesday, pulling back as global growth concerns and political uncertainty in Greece prompted a flight to safety. More

” JGBs lifted by sinking stocks, benchmark yield hits 20-month low”

Wed Dec 10, 2014 1:01am EST
Japanese government bond prices rose on Wednesday with the benchmark yield declining to a 20-month trough as investors sought the safety of debt when Tokyo shares tumbled. More

U.S. sells 3-year note supply at higher yield

Tue Dec 9, 2014 1:23pm EST
The U.S. Treasury Department on Tuesday sold $25 billion in three-year notes at a yield of 1.066 percent, matching the level set in September, Treasury data showed. More

Investors pare bullish Treasuries bets after jobs data-survey

Tue Dec 9, 2014 9:52am EST
Investors rolled back bets on longer-dated U.S. Treasuries after a strong November U.S. jobs report increased expectations the Federal Reserve might consider raising interest rates earlier in 2015 than previously thought, according to a J.P. Morgan Securities survey released on Tuesday. More

Ukraine looks into selling stakes in state firms

Tue Dec 9, 2014 6:24am EST
Ukrainian Prime Minister Arseny Yatseniuk said on Tuesday the government would look into conducting audits of state companies with a view to selling stakes on international markets. More

Greek yields surge after government brings forward presidential vote

Tue Dec 9, 2014 4:41am EST
Greece bond yields surged on Tuesday after the government brought forward a presidential vote in a political gamble that raised uncertainty over the country’s transition out of its bailout. More

JGBs gain on relief over smooth 30-year sale, curve flattens

Tue Dec 9, 2014 12:16am EST
Japanese government bond prices rose on Tuesday after a smooth auction of 30-year debt swept aside investors’ fears that demand for the new paper might be lacklustre. More

U.S. stocks stumble, oil falls to 5-year lows

Mon Dec 8, 2014 4:40pm EST
U.S. and European stocks fell on Monday after weak Chinese and Japanese data stoked worries about slowing global economic growth, while oil prices sank to five-year lows on expectations of oversupply into 2015. More

Funds bought record amount of U.S. 5-year notes -Treasury data

Mon Dec 8, 2014 4:11pm EST
Investment funds bought more than 50 percent of the $35 billion of U.S. five-year government debt offered in November, making their purchase the biggest at a five-year auction since the Treasury Department made such data available going back to 2001. More

Italian bond yields rise after S&P credit ratings cut

Mon Dec 8, 2014 3:48am EST
Italian bond yields bounced off record lows on Monday after Standard & Poor’s delivered a blow to Prime Minister Matteo Renzi’s reform plans by cutting the country’s credit rating to just one notch above junk. More

IMF to visit Kiev for bailout talks

Sat Dec 6, 2014 4:15am EST
An International Monetary Fund mission will visit Kiev from Dec. 9 to 18 for talks with the new government regarding a $17 billion bailout programme, the IMF’s Ukraine representative Jerome Vacher said on Saturday. More

Russia’s Gazprom receives prepayment from Ukraine for gas supplies

Sat Dec 6, 2014 3:35am EST
Russian natural gas producer Gazprom said on Saturday it had received a prepayment of $378.22 million from Ukraine for natural gas supplies, paving the way for the first shipments to Kiev since Moscow cut supplies in June. More

” Easy-money bond trade gets flattened by U.S. yield curve”

Fri Dec 5, 2014 4:40pm EST
One of the most popular and profitable bond trades of the post-crisis era is getting bowled over by a flattening U.S. Treasury yield curve. More

Portuguese, Italian yields hit new lows as markets refocus on QE

Fri Dec 5, 2014 6:38am EST
Portuguese and Italian bond yields hit record lows on Friday as markets shook off any disappointment over the lack of European Central Bank action at its December meeting. More

“Italy’s debt will start to go down in 2016-Padoan”

Fri Dec 5, 2014 4:39am EST
Italian economy minister Pier Carlo Padoan said on Friday that Italy, the euro zone’s third-biggest economy, would see its debt pile begin to decline in 2016. More

Euro zone bond yields fall as markets refocus on QE prospects

Fri Dec 5, 2014 3:18am EST
Euro zone bond yields fell on Friday as markets shook off any disappointment over the lack of European Central Bank action at its December meeting. More

Falling oil prices seen boosting consumer spending, U.S. state revenues

Thu Dec 4, 2014 7:44pm EST
U.S. state treasurers are anticipating a boost in sales revenues from plunging oil prices, which give people more discretionary spending power, but that is tempered by fears of the harm it could to do energy-focused states. More

China drives third straight record year for emerging market bond issuance

Thu Dec 4, 2014 9:28am EST
Emerging market bond issuance hit a record high this year for the third straight year, Reuters data shows, driven by a more than doubling of Chinese issues. More

Putin proposes amnesty for returning capital to Russia

Thu Dec 4, 2014 5:13am EST
President Vladimir Putin proposed an amnesty on Thursday for those returning capital to Russia, indicating they would not face tax or other penalties. More

Euro zone bond yields hover above lows ahead of ECB meeting

Thu Dec 4, 2014 3:17am EST
Euro zone bond yields hovered above record lows as investors waited to see if a slump in inflation expectations and tepid growth figures would prompt the ECB into new easing measures at its meeting on Thursday. More

Oil states’ recourse to sovereign funds could rattle world markets

Wed Dec 3, 2014 12:20pm EST
Energy-exporting countries which have stashed billions in windfalls in sovereign investment funds may be forced to draw down on them as oil revenues shrink, sending a chill through stock, bond and property markets worldwide. More

Ukraine currency, sovereign woes to push more and more firms into default

Wed Dec 3, 2014 12:03pm EST
With an economy in meltdown, a currency that has tanked 45 percent and a possible sovereign default ahead, more and more of Ukraine’s companies are finding themselves unable to repay overseas debt. More

German yields dip ahead of five-year bond auction

Wed Dec 3, 2014 4:33am EST
German yields slipped on Wednesday before an auction of five-year bonds that some traders say could attract a bit more demand than last month’s sale as yields have risen from historic lows this week. More

Euro zone yields rise as caution deepens ahead of ECB

Tue Dec 2, 2014 3:51am EST
Euro zone bond yields edged up on Tuesday as a bounce in oil prices from five-year lows eased speculation that the European Central Bank may ease monetary policy this week. More

Asia shares take heart from oil bounce, dollar capped

Tue Dec 2, 2014 12:52am EST
Asian equities rose on Tuesday, with a rebound in crude oil and other commodity prices favouring the stock markets of resource-exporting countries. More

JGBs mostly edge down after tepid auction, downgrade

Tue Dec 2, 2014 12:46am EST
Japanese government bonds mostly slumped on Tuesday, as the first auction following Moody’s cut to Japan’s sovereign rating met with tepid demand from investors. More

Five-yr JGB yield slips to record low of 0.090 percent

Tue Dec 2, 2014 12:18am EST
The yield on 5-year Japanese government bonds edged down to a record low on Tuesday as the Bank of Japan’s massive bond buying programme has kept pressure on the shorter end of the yield curve. More

Moody’s downgrades Japan’s sovereign debt rating

Mon Dec 1, 2014 3:47am EST
Moody’s Investors Service on Monday downgraded Japan’s sovereign debt rating by one notch to A1 from Aa3, citing heightening uncertainty over the country’s ability to hit its debt-reduction goal. More

” BOJ’s massive easing sees more JGB purchases than govt supply in Nov”

Mon Dec 1, 2014 1:39am EST
Purchases of Japanese government bonds in November by the Bank of Japan for the first time exceeded the amount of debt issued in that month, setting a new milestone that highlights the market distortions created by the BOJ’s huge easing programme. More

ECB could fix euro zone flaw with risk-free bond -think tank

Mon Dec 1, 2014 1:00am EST
As the European Central Bank comes closer to buying sovereign bonds, one London-based think tank says an opportunity has arisen to fix one of the euro zone’s birth defects — the absence of a credible “risk-free” asset. More

Indonesia to offer USD sovereign bonds in January

Sun Nov 30, 2014 9:42pm EST
The Republic of Indonesia has mandated Citigroup, HSBC and Standard Chartered to arrange its first US dollar sovereign bond issue of 2015. More

JGBs steady as spectre of deflation offsets rallying stocks

Sun Nov 30, 2014 9:16pm EST
Japanese government bond prices were steady to slightly firmer on Monday as prospects of deflationary pressure taking a stronger hold on the economy helped offset a rally by Tokyo stocks. More

Dollar rises above 118.98 yen to hit new 7-year high

Sun Nov 30, 2014 8:23pm EST
The dollar rose to a new seven-year high against the yen on Monday amid growing concerns over deflationary pressure in Japan in the face of sliding oil prices. More
 

Oil producing emerging market Eurobonds in heavy post-OPEC selloff

Fri Nov 28, 2014 10:24am EST
From Russia to Ghana, the Eurobonds of energy-exporting emerging markets suffered a heavy selloff on Friday as the slump in oil towards $70 a barrel raised fears about the creditworthiness of many exporters. More

Spain to sell bonds due 2017, 2020, 2024 next week

Fri Nov 28, 2014 8:09am EST
Spain will issue a 0.5 percent coupon bond with a 2017 maturity, a 1.4 percent coupon bond with 2020 maturity, and a 2.75 percent coupon bond with 2024 maturity on December 4, the Treasury said on Friday. More

Russian economy minister says will cut 2015 oil price forecast

Fri Nov 28, 2014 4:44am EST
Russian Economy Minister Alexei Ulyukayev said on Friday the government would its cut oil price forecast for 2015, but declined to give a number. More

BOJ says will cut short-term December bond-buying to improve supply

Fri Nov 28, 2014 3:28am EST
The Bank of Japan said on Friday it will scale back buying of short-term Japanese government bonds at its first debt purchasing operation in December as a supply shortage resulting from its monetary expansion drive takes hold. More

New rules, low rates push European companies into risky investments

Fri Nov 28, 2014 1:00am EST
European firms squeezed by low interest rates are having to consider new, riskier ways to manage trillions in corporate cash as they are snubbed by banks awash in new regulation that may also spell the demise of their go-to investment funds. More

Japan bond yield goes negative as BOJ faces oil threat

Fri Nov 28, 2014 12:16am EST
Japanese government bonds traded at a negative yield for the first time ever on Friday, thanks to the Bank of Japan’s massive asset-purchase scheme as it seeks to stoke inflation and revive an economy that slipped into recession in the third-quarter. More

Oil hits four-year low as expectations fade for OPEC cuts

Thu Nov 27, 2014 6:47am EST
“Fading hopes OPEC will cut production when it meets Thursday sent oil prices tumbling to a
four-year low and the world stock-market rally paused for Thanksgiving in the United States.” More

German, French bond yields hit new record lows on ECB stimulus bets

Thu Nov 27, 2014 5:16am EST
German and French 10-year bond yields slid to all-time lows on Thursday after Spanish inflation data reinforced bets for more monetary stimulus from the European Central Bank. More

Banking tricks blunt China’s drive to increase lending

Thu Nov 27, 2014 4:16am EST
China hopes that last week’s interest rate cut will increase lending into the economy to shore up flagging growth, but measuring any rise will be impeded by a number of tricks the country’s bankers use to manipulate the figures. More

Asia shares edge higher, oil tumbles to 4-year low

Thu Nov 27, 2014 1:26am EST
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by OPEC faded. More

India-focused hedge funds up over 40 pct YTD, Russia down 12 pct -HFR

Wed Nov 26, 2014 4:44pm EST
Hedge funds invested in emerging markets have seen sharp declines this year, led by Russia and Latin America, but India stands out as a bright spot. More

U.S. Fed to offer test term deposits at 0.30 pct rate

Wed Nov 26, 2014 1:33pm EST
The U.S. Federal Reserve will offer seven-day term deposits at an interest rate of 0.30 percent to banks at a test auction on Monday, it said in a statement on Wednesday. More

ECB can decide on sovereign bond buys in Q1, says Constancio

Wed Nov 26, 2014 4:10am EST
The European Central Bank will be able to gauge in the first quarter of next year whether it needs to start buying sovereign bonds to stimulate the euro zone economy, ECB Vice President Vitor Constancio said on Wednesday. More

Russian c.bank to move towards rate cut after curbing inflationary expectations

Wed Nov 26, 2014 3:22am EST
Russia’s central bank will move towards cutting rates after it stabilises inflationary expectations, First Deputy Governor Ksenia Yudayeva said on Wednesday. More
 

Greek, German, Portuguese, Spanish debt to benefit most from ECB QE -ABN Amro

Wed Nov 26, 2014 11:00am EST
Greek, German, Portuguese and Spanish bonds stand to benefit most if the European Central Bank expands its asset purchases to sovereign bonds and mostly target longer-term debt, according to calculations by ABN AMRO. More

German bond auction stutters as yields fall on ECB

Wed Nov 26, 2014 7:54am EST
Rock-bottom yields tempered demand for a German bond auction on Wednesday and a Portuguese exchange fell short of expectations as the European Central bank said it might look into government bond purchases next year. More

Japan cenbank assets hit record high of $2.35 tln

Wed Nov 26, 2014 5:52am EST
Total assets held by the Bank of Japan hit a record 277 trillion yen ($2.35 trillion) by the end of September, the central bank said on Wednesday, up more than 30 percent from a year earlier, fuelled by outright purchases of Japanese government bonds under its quantitative easing programme. More

Private consumption spike helps Germany avoid recession in Q3

Tue Nov 25, 2014 2:07am EST
A sharp rise in private consumption more than compensated for stubborn weakness in investment, helping the German economy post modest growth in the third quarter and avoid recession, data showed on Tuesday. More

JGB yields edge down, duration extensions help longer end

Tue Nov 25, 2014 12:07am EST
Japanese government bond yields edged lower on Tuesday, with the longer-dated maturities supported by investors extending the duration of their bond portfolios. More

China cuts key short-term money rate as Beijing pushes down cash costs

Tue Nov 25, 2014 1:23am EST
China’s central bank cut the yield for a key short-term money rate on Tuesday for the fourth time this year, as regulators step up efforts to reduce funding pressure on Chinese companies. More

Most debt-strapped firms unlikely to benefit from China rate cut

Mon Nov 24, 2014 6:15am EST
China’s surprise interest rate cut could bring little relief to smaller firms struggling with the country’s most worrisome debt burdens, as lenders increasingly look to favour its strongest and most solvent companies. More

Spanish yields below 2 pct for first time as more ECB stimulus eyed

Mon Nov 24, 2014 3:52am EST
Spanish 10-year bond yields broke below 2 percent for the first time ever on Monday as the prospect of the European Central Bank expanding its asset purchases to include government debt drove down euro zone yields. More

Russia puts losses at up to $140 bln from Western sanctions, oil price fall-minister

Mon Nov 24, 2014 2:44am EST
Russia is suffering losses at a rate of about $40 billion per year because of Western sanctions and $90-100 billion from the drop in the oil price, Finance Minister Anton Siluanov said on Monday. More

Fund boards, management go on high alert around bond liquidity

Mon Nov 24, 2014 1:00am EST
U.S. fund firms are taking extra measures to make sure they don’t get stuck holding hard-to-sell bonds in the event that fixed income markets see a massive race to the exits when interest rates start to rise. More

RPT-China rate cut knocks legs from under yuan rally, more volatility seen

Sun Nov 23, 2014 8:28pm EST
China’s surprise interest rate cut is another step toward softening the country’s exchange rate, setting the yuan on course to end the year lower for the first time since its landmark revaluation in 2005. More

China’s rate-cut likely to hurt banks, curb new loans to small borrowers

Sat Nov 22, 2014 8:19am EST
China’s latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth. More

Rouble decline to continue for two years -Russian ex-minister

Sat Nov 22, 2014 6:58am EST
Russia’s rouble, which has fallen almost 30 percent against the dollar this year, will continue to decline over the next two years, Interfax news agency quoted former Finance Minister Alexei Kudrin as saying on Saturday. More

China c.bank cuts interest rates to lift sagging economy

Fri Nov 21, 2014 5:52am EST
China cut its benchmark interest rates for the first time in more than two years on Friday to lower borrowing costs and lift a cooling economy that is on track for its slackest annual growth in 24 years. More

Ex-finance minister warns Putin against populism, conservatism

Fri Nov 21, 2014 2:41am EST
Former Finance Minister Alexei Kudrin warned President Vladimir Putin on Friday that “excessive conservatism” could restrict economic and political freedoms and said populist policies would weaken Russia. More

Japan CDS at 1-yr high after tax delay raises fiscal concerns

Fri Nov 21, 2014 2:31am EST
The cost of insuring Japanese government debt has risen to a one-year high after Japanese Prime Minister Shinzo Abe’s decision to postpone a tax hike sparked worries about the country’s weak fiscal position. More

Asian shares take comfort from U.S. data, yen rebounds

Fri Nov 21, 2014 2:09am EST
Asian shares rose on Friday after U.S. data showed broad U.S. economic strength, while the yen rebounded from overnight multi-year lows after Japan’s finance minister warned that its recent weakening had been “too rapid”. More

Euro zone yields hit record low as Draghi shows more easing zeal

Fri Nov 21, 2014 5:58am EST
Yields three euro zone countries’ bonds hit record lows on Friday after European Central Bank President Mario Draghi gave his strongest signal yet that government debt purchases may not be far away. More

Creaking euro zone, China sound warnings for global growth

Thu Nov 20, 2014 10:06am EST
Surveys sounded warning bells for the global economy on Thursday as euro zone businesses grew less quickly than any forecaster expected, and China and U.S. factories lost momentum. More

Oil up after three-day loss on strong U.S. data, OPEC cut speculation

Thu Nov 20, 2014 3:19pm EST
Oil closed higher on Thursday, snapping a three-day loss, as strong U.S. economic data bolstered crude markets but focus remained on whether OPEC will cut output to end a five-month long selloff when it meets next week. More

U.S. 10-year TIPS breakeven rate rises after auction

Thu Nov 20, 2014 1:49pm EST
The U.S. 10-year inflation breakeven rate rose mid-afternoon Thursday after relatively strong demand at a $13 billion auction of 10-year Treasury Inflation-Protected Securities. More

Dollar hits seven-year high vs yen ahead of Fed minutes

Wed Nov 19, 2014 8:15am EST
The dollar hit a seven-year high against the yen on Wednesday ahead of minutes from the U.S. Federal Reserve’s latest policy meeting, as investors bet on an increasingly divergent outlook for the world’s major economies. More

Bund yields dip with euro zone markets clinging onto ECB easing hopes

Wed Nov 19, 2014 3:56am EST
German Bund yields dipped on Wednesday, with euro zone bond markets focused on prospects of further European Central Bank action despite recent positive surprises from economic data. More

Emerging market CDS volume up 27 pct in third quarter -EMTA

Tue Nov 18, 2014 3:02pm EST
Emerging market credit default swaps trading volume rose 27 percent in the third quarter versus the same period a year ago, according to a survey released on Tuesday. More

BOJ meets as economic slump, tax delay cast doubt over outlook

Tue Nov 18, 2014 10:01am EST
The Bank of Japan is expected to hold policy steady when its two-day meeting ends on Wednesday, but what it has to say about the country’s slide into recession may unsettle markets already digesting the government’s decision to call a snap election. More

JGBs slump, extend losses after poor 20-year auction

Tue Nov 18, 2014 12:58am EST
Japanese government bond prices fell on Tuesday, extending losses after an auction of 20-year bonds drew tepid bids despite a recent increase in the amount of buying by the Bank of Japan in the sector. More

Argentina receives second currency swap from China -official source

Mon Nov 17, 2014 5:57pm EST
Argentina’s central bank on Monday received the second tranche of a currency swap from China worth $500 million, an official source familiar with the transaction told Reuters. More

Euro zone peripheral yields dip on ECB’s Draghi QE comments

Mon Nov 17, 2014 11:45am EST
Yields on most lower-rated euro zone bond fell on Monday after European Central Bank President Mario Draghi said unconventional monetary policy measures could include buying sovereign bonds. More

Investors buy Bunds as Japan’s recession stokes fears over global economy

Mon Nov 17, 2014 3:50am EST
German bond yields fell on Monday after data showing Japan unexpectedly slipped into recession in the third quarter, stoking investor concerns about the global economy. More

Dollar jumps to 7-yr high vs yen as Japan’s GDP unexpectedly shrinks

Sun Nov 16, 2014 7:06pm EST
The dollar surged to a fresh seven-year high against the yen on Monday after Japan’s third quarter GDP unexpectedly contracted, giving the Japanese prime minister a strong excuse to call a snap election and delay a planned sales tax hike. More

Argentina welcomes G20 call for work on debt restructurings

Sun Nov 16, 2014 8:48am EST
Argentina, which defaulted on its debt again in July amidst a decade-long legal battle with a group of U.S. investment funds, welcomed on Sunday the inclusion of a clause in a G20 summit communique aimed at helping sovereign debt restructurings. More

Russia won’t demand early repayment of $3 bln lent to Ukraine – Ifax cites Putin

Sat Nov 15, 2014 8:48am EST
Russian President Vladimir Putin said on Saturday that Russia would not demand early repayment of $3 billion that Russia lent to Ukraine last year, the Interfax news agency reported, citing comments by Putin to German TV channel ARD. More

ECB QE bets keep euro zone yields down despite GDP uptick

Fri Nov 14, 2014 11:17am EST
Euro zone bond yields fell on Friday after data showed modest and patchy third quarter growth in the currency bloc, keeping intact bets for more European Central Bank easing. More

Euro zone grows faster than expected in third quarter

Fri Nov 14, 2014 5:11am EST
Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession. More

German, French bond yields dip as growth data fails to cool ECB bets

Fri Nov 14, 2014 3:32am EST
German and French bond yields slipped on Friday after data showed the euro zone’s two biggest economies expanded in the third quarter but not strongly enough to cool bets for more easing from the European Central Bank. More

TREASURIES-Bond prices edge higher after new supply, retail sales eyed

Thu Nov 13, 2014 3:54pm EST
U.S. Treasury debt prices rose slightly on Thursday as some buyers returned to the market following the end of this week’s $66 billion in new supply, while hesitation ahead of Friday’s U.S. retail sales data limited gains. More

Dim inflation outlook firms QE bets, demand for German bonds

Thu Nov 13, 2014 5:30am EST
German bonds pared an earlier yield rise on Thursday as bets firmed that the European Central Bank will ease policy further after experts surveyed by the ECB lowered inflation forecasts. More
 

Spain, Italy yields dip as ECB survey expected to boost QE bets

Thu Nov 13, 2014 3:30am EST
Italian and Spanish bond yields dipped as analysts predicted a downbeat survey from the European Central Bank due on Thursday would underline the need for further policy easing. More

BOJ’s Sato says Japan to keep buying JGBs “for some time”

Wed Nov 12, 2014 11:49am EST
The Bank of Japan is likely to keep buying government bonds for some time, with no obvious limit to its purchases, as it moves into “uncharted territory” to shore up inflation, board member Takehiro Sato said on Wednesday. More

Euro zone yields mostly down after German, Portuguese debt sales

Wed Nov 12, 2014 8:54am EST
German yields fell further on Wednesday after a successful sale by Berlin of two-year bonds paying no interest, with the lack of potential return offset by the prospect of further European Central Bank policy easing.. More

German yields slip ahead of debt sale seen supported by ECB QE bets

Wed Nov 12, 2014 4:13am EST
German bond yields nudged lower on Wednesday ahead of a sale of two-year, zero-interest debt that is expected to be supported by the prospect of more European Central Bank monetary easing. More

JGBs fall on robust stocks, growing talk of tax-hike delay

Wed Nov 12, 2014 12:15am EST
Japanese government bond prices fell on Wednesday, dragged down by an extended rally for Tokyo stocks and on concerns a possible delay in a sales tax hike could erode heavily indebted Japan’s fiscal position. More

Bank of England set to signal rates on hold until mid-2015

Tue Nov 11, 2014 7:01pm EST
Governor Mark Carney is likely to signal that British interest rates will stay at a record low until around the middle of next year when he sets out the Bank of England’s latest economic outlook on Wednesday. More

Profit at Brazil’s BNDES soars 51 pct after investments jump

Tue Nov 11, 2014 12:27pm EST
Net income at Brazil’s state development bank BNDES jumped 51 percent in the first nine months of 2014, the strongest profit reading in three years, as income from financial investments more than doubled from a year ago. More

Russian central bank to limit ruble liquidity via FX swaps

Tue Nov 11, 2014 9:30am EST
The Russian central bank said on Tuesday it was limiting banking sector ruble liquidity by temporarily cutting the size of its foreign exchange swap operations to the equivalent of $2 billion a day. More

JGBs dip on fresh supply, higher Tokyo stocks

Mon Nov 10, 2014 10:30pm EST
Japanese government bond prices dipped on Tuesday, weighed by higher Tokyo stocks and an overnight retreat in U.S. Treasuries. More

TREASURIES-U.S. bond prices slip on profit-taking, ahead of supply

Mon Nov 10, 2014 4:50pm EST
U.S. Treasuries prices fell on Monday on the view that last Friday’s rally was overextended, while traders also sold some U.S. government debt to brace for this week’s $66 billion in new supply. More

Russian central bank abandons rouble trading band, floats rouble

Mon Nov 10, 2014 10:57am EST
The Russian central bank said on Monday it had abandoned the rouble’s trading corridor, allowing the currency to float freely. More

China Oct trade data shows signs of manipulation, hot money inflows – state newspaper

Sun Nov 9, 2014 8:15pm EST
China’s exports and large trade surplus in October pointed to signs of manipulation and inflows of speculative hot money, the official Shanghai Securities News said on Monday, suggesting that firms continue to over-invoice trade deals to avoid capital controls. More

Ukraine central bank to tighten currency rules to support hryvnia – Gontareva

Sun Nov 9, 2014 3:40pm EST
Ukraine’s central bank chief Valeriia Gontareva said on Sunday the bank would implement tougher administrative measures to defend the faltering hryvnia if needed, rather than drawing further on its severely depleted foreign currency reserves. More

ECB door remains open to QE despite doubts over impact

Sun Nov 9, 2014 9:05am EST
The European Central Bank’s drip-feed stimulus is taking it closer to large-scale government bond purchases with new money but its weapon of last resort may not be the silver bullet markets are hoping for. More

Annual China trade growth slows in October in further sign of fragility

Sat Nov 8, 2014 1:37am EST
Annual growth in China’s exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world’s second-largest economy that could prompt policymakers to roll out more stimulus measures. More

Earnings outlook might be less rosy than investors think

Fri Nov 7, 2014 5:55pm EST
With the U.S. third-quarter earnings season almost at an end, many investors are breathing a sigh of relief as more companies surpassed profit expectations than in any quarter since 2010. More

U.S. bonds rally on disappointing jobs, wage growth

Fri Nov 7, 2014 3:53pm EST
The U.S. Treasury debt market rallied on Friday as growth in U.S. jobs and wages in October fell short of expectations, reviving bets the Federal Reserve will not consider raising interest rates until late 2015. More

Ukraine’s hryvnia currency hits all-time low

Fri Nov 7, 2014 1:05pm EST
Ukraine’s hryvnia closed at a historic low against the dollar on Friday, after the central bank reined in its support for the currency and tensions mounted in rebel-held separatist regions. More