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Commerzbank

Dollar rises in Europe

Dollar rises in Europe

LONDON: The US dollar firmed on Wednesday with 10-year Treasury yields hitting fresh 13-month highs ahead of a...
Published 18 Mar, 2021 03:56am
Latam FX surge as ebbing inflation fears boost risk appetite
Markets

Latam FX surge as ebbing inflation fears boost risk appetite

  • Risk appetite got a boost after tepid underlying consumer prices data from the United States on Wednesday eased concerns about a likely surge in inflation from large stimulus packages, which had hammered markets in recent days.
  • Brazil's central bank said it would sell up to $1 billion in currency swaps on Thursday, extending its recent intervention in the foreign exchange market to support the depreciating currency.
Updated 11 Mar, 2021 10:04pm
European government bond yields ignore Lagarde's verbal intervention; focus on Fed
Markets

European government bond yields ignore Lagarde's verbal intervention; focus on Fed

  • ECB President Christine Lagarde said on Monday the central bank was "closely monitoring" rising borrowing costs - a comment that knocked Germany's 10-year Bund yield off its eight-month high.
  • The ECB's strategy "is not to burn too much cash trying to lean against the wind - rather to intervene verbally", he said, citing lower levels of ECB bond-buying last week.
Published 23 Feb, 2021 09:11pm
Copper leaps to 9-year high
Markets

Copper leaps to 9-year high

LONDON: Copper rose to its highest since April 2012 on Thursday as Chinese investors returning from a week-long...
Published 19 Feb, 2021 04:07am
European shares surge
Markets

European shares surge

• AstraZeneca rises as it sees growth picking up • Commerzbank tumbles as quarterly loss deepens • Credit...
Published 12 Feb, 2021 04:54am
Gold prices down in Europe
Markets

Gold prices down in Europe

LONDON: Gold prices fell as much as 1.8% on Friday as a broader market sell-off weighed on the metal along with a...
Published 23 Jan, 2021 03:56am
Oil prices up
Markets

Oil prices up

NEW YORK: Oil rose on Wednesday on expectations that US President Joe Biden’s administration will deliver massive...
Published 21 Jan, 2021 04:23am