UPDATE 2-Euro zone yields fall as bond selloff eases


* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices, adds background) MILAN, Sept 29 (Reuters) – Euro zone bond yields fell on Wednesday tracking moves in U.S. borrowing costs, which eased overnight as low bond prices attracted traders after an auction showed solid demand. […]

China power crunch unleashes turmoil in commodities markets


SINGAPORE (BLOOMBERG) – China’s power-hungry commodities producers are in Beijing’s firing line, but the government’s efforts to stave off a full-blown energy crisis are also fueling rallies in everything from fertiliser to silicon. Production of metals from aluminum to steel has been spluttering for months […]

Bank Indonesia holds rates as economy flashes recovery signs


MANILA (BLOOMBERG) – Indonesia’s central bank left its benchmark interest rate unchanged at a record low as the economy begins to show signs of recovery from the country’s worst coronavirus wave. Bank Indonesia held the seven-day reverse repurchase rate at 3.5 per cent on Tuesday […]

Gold prices subdued as firm dollar dims safe-haven appeal


BENGALURU (REUTERS) – Gold prices were subdued on Monday as the United States dollar held firm, while cautious investors awaited readings on US consumer prices due this week that could be crucial to Federal Reserve’s decision on when to exit its super-supportive policy. Spot gold […]

Ten-year JGB yield hits one-month high as U.S. yields climb


TOKYO, Aug 11 (Reuters) – Japanese government bond yields tracked U.S. Treasury yields higher on Wednesday, with that of the benchmark 10-year JGB jumping to a one-month high. The 10-year yield advanced as much as 1.5 basis points to 0.035%, a level not seen since […]