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Markets Right Now: Steep drop in tech pulls indexes lower The latest on developments in financial markets (All times local):. 11:45 a.m.. Steep drops in technology stocks are pulling U.S. market indexes mostly lower in midday trading, offsetting gains in banks. Several big names in the tech sector were lower Wednesday. Chipmakers Micron and Nvidia each lost ...
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GLOBAL MARKETS-Pound rallies on Brexit bets; stocks, oil fall "There is a lot of water that has to flow under this particular bridge before we see investors becoming optimistic about the pound in their portfolios," said Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets. The dollar index fell 0.12 percent, with the euro up 0.17 percent to $1.1859.
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Brace for Steeper Yield Curves as the Wolves Return This was inevitable, given the economic forces of substitution whereby imbalances in capital markets are seldom isolated: central banks pushing rates to abnormal lows forced implied volatility to abnormal lows. With both realized and perceived risk disappearing, it is no surprise that the term premium ...
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China should streamline its various bond investment channels - ASIFMA HONG KONG, Nov 29 (Reuters) - China should streamline its cross-border bond investment channels to make it easier for foreign investors to access its market and boost trade, said Patrick Pang, head of fixed income and compliance at Asia Securities Industry and Financial Markets Association ...
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Bitcoin tops $10000, marks 10-fold increase in 2017 It has increased more than 10-fold in value so far this year, posting the largest gain of all asset classes, amid increased institutional demand for crypto-currencies as financial and mainstream use has expanded. But skeptics say it a classic speculative bubble with no relation to real financial market activity ...
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RBC sees increased mortgage demand ahead of new rules RBC, Canada's biggest bank by market value, on Wednesday reported fourth-quarter earnings that beat analysts' forecasts. ... "These RBC results provide a more positive read through to peers and should help stabilize sentiment around the bank group," said Eight Capital analyst Steve Theriault.
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