Canadian dollar clings to weekly gain as retail sales beat estimates

Loonie notches weekly gain of 0.2% Retail sales rise 0.9% in July Price of US oil increases 0.5% Bond yields rise across the curve TORONTO, Sept 20 – The Canadian dollar steadied against its U.S. counterpart on Friday as domestic data showed retail sales rising more than expected in July and despite the greenback notching … Read more

Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%

Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%

Indian government bond yields jumped sharply on Tuesday, with the benchmark 10-year bond yield witnessing its biggest surge in eight months, as early voting trends in the Lok Sabha election results 2024 so far were falling short of market expectations. The benchmark 10-year bond yield was at 7.0130% as against its previous close at 6.9438%. … Read more

European Stocks Slip as German Data Lifts Bond Yields Further

European equities fell for the second straight day, touching a three-week low, as accelerating inflation in Germany lifted bond yields and reinforced belief that central banks across the developed world will not be able to ease policy as much as earlier expected. The Stoxx Europe 600 dropped 1% as of 1:35 p.m. in London, its … Read more