(Bloomberg) — Just as bond traders grow more assured that inflation is finally under control, a camp of investors is quietly building up protection against the risk of a future spike in prices. Most Read from Bloomberg These fund managers are amassing positions that would cushion fixed-income returns in the event of an inflation shock.
(Bloomberg) — A flurry of data spurring optimism that America will avoid a recession has put US stocks on course for their strongest week of the year. Most Read from Bloomberg The latest readings, from inflation to jobless claims and retail sales, have reassured investors and supported hopes that the world’s biggest economy is heading
(Bloomberg) — New Zealand’s central bank intends to reduce interest rates toward a more neutral setting at a measured pace, now that it has begun its easing cycle, Reserve Bank Governor Adrian Orr said. Most Read from Bloomberg The RBNZ cut the Official Cash Rate by a quarter-percentage point to 5.25% yesterday and forecast it
(Bloomberg) — China’s government bond issuance is expected to jump this month at a time when policymakers are seeking to cool off a relentless demand for debt. Most Read from Bloomberg Cinda Securities Co. is projecting net issuance of 1.4 trillion yuan ($195.7 billion) this month, up about 780 billion yuan from July. Huaxi Securities
(Bloomberg) — Stocks in Asia rallied on bets that the upcoming US consumer price report will allow the Federal Reserve to start easing in September. The New Zealand dollar slumped following a surprise rate cut by the country’s central bank. Most Read from Bloomberg The MSCI Asia Pacific Index climbed for a fourth session, with
(Bloomberg) — Asian stocks climbed, with equity benchmarks in Japan rising after a holiday as a weaker yen is seen providing support for exporters. Most Read from Bloomberg Shares also advanced in South Korea. MSCI’s Asia-Pacific stock index traded at its highest level since Aug. 5, after its recovered from last week’s rout. The S&P
(Bloomberg) — Barrick Gold Corp., the world’s No. 2 bullion producer, is looking for investment opportunities in Canada as prices for the precious metal push higher. Most Read from Bloomberg Chief Executive Officer Mark Bristow said he’s cautious about embarking on major deals but is keeping an eye out for opportunities in the company’s home
(Bloomberg) — Intel Corp. (INTC), which is cutting jobs and costs to preserve its shrinking cash pile, postponed an Innovation event that had been scheduled for next month in San Jose, California. Most Read from Bloomberg The chipmaker plans to focus on other gatherings, such as webinars, hackathons and the Intel AI Summit, in lieu
(Bloomberg) — Asian equities were set to drop Thursday after a weak Treasury auction dealt a fresh blow to sentiment on Wall Street. Most Read from Bloomberg Futures contracts for Japan, Australia and Hong Kong fell, while a gauge of US-listed Chinese shares slipped 1.5%. Both the S&P 500 and the tech-heavy Nasdaq 100 declined,