LONDON, July 1 (Reuters) – The rouble fell nearly 1 percent
to its lowest in a week and Russian stocks dropped on Tuesday
after a ceasefire ended in Ukraine, while Dubai stocks bounced
from five-month lows as investors stepped in to buy cheaper
Central European markets came under pressure from weaker
than expected manufacturing data.
LONDON (Reuters) – European fund managers made their highest allocation to equities this month since March 2011, cutting cash positions in a risk-seeking environment, a Reuters survey showed on Monday.
Fund managers in the poll put 48.3 percent of their global assets in equities in June, well above the long-term average of 46 percent and compared with 48.1 percent in May.
LONDON (Reuters) – Emerging stocks rose on Thursday, boosted by gains in Chinese shares following strong initial public offerings, while the zloty hit a one-week high after Poland’s prime minister won a confidence vote in parliament.
Chinese stocks rose 0.7 percent, helped by the central bank’s move to allow more liquidity in the market and the debut of the first three listings in more than four months. [.SSEC]
LONDON, June 25 (Reuters) – Emerging markets came under
pressure on Wednesday as conflict in Iraq kept oil prices near
their nine-month highs, but stock markets in the Gulf stabilised
as construction firm Arabtec slowed a three-day slump.
Markets have gained confidence that the U.S. Federal Reserve
will not start raising interest rates before mid-2015. But they
are being spooked by high oil prices and the prospect of Western
air strikes on Iraq, where militants are fighting government
forces less than 100 km (60 miles) from Baghdad.
LONDON, June 19 (Reuters) – Escalating conflict in Iraq is
making holders of the country’s international debt nervous about
whether they will get repaid.
The size of Iraq’s dollar debt is relatively small – a $2.7
billion bond launched in 2006 in a restructuring of Saddam
Hussein-era commercial debt.
LONDON (Reuters) – Global investors pumped up their holdings of equities and real estate in June and cut back on bonds, reflecting their more enthusiastic outlook for the world’s economy, a closely watched survey showed on Tuesday.
But investors also fretted that equities may be overvalued and that euro zone periphery debt and U.S. high-yield bonds were crowded trades.
LONDON (Reuters) – Emerging stocks fell to a 12-day low on Wednesday on concerns the U.S. Federal Reserve could strike a more hawkish tone later in the day, dampening interest in emerging market assets, while Argentinian debt insurance costs rose on default worries.
A stronger-than-expected reading for U.S. inflation on Tuesday raised expectations that the Fed could consider bringing forward the timing of an interest rate hike.
LONDON, June 17 (Reuters) – Global investors pumped up their
holdings of equities and real estate in June and cut back on
bonds, reflecting their more enthusiastic outlook for the
world’s economy, a closely watched survey showed on Tuesday.
But investors also fretted that equities may be overvalued
and that euro zone periphery debt and U.S. high-yield bonds were
LONDON, June 17 (Reuters) – Investors are returning to the
riskier, less developed bond markets of Africa and other
frontier economies, burying memories of past setbacks and
plunging in after global yields failed to rise as much as
Ignoring attacks by Somali-linked Islamic militants in a
Kenyan coastal town which killed at least 50 people, they
flocked to the country’s debut dollar bond this week,
LONDON, June 16 (Reuters) – Polish assets fell on Monday
amid calls for the resignation of the head of the Polish central
bank, while conflict in Iraq and Ukraine put pressure on assets
in Turkey, Ukraine and Russia.
A Polish magazine said on Saturday it had a recording of a
conversation in a restaurant last year in which, it said, Polish
central bank governor Marek Belka told a minister he would be
willing to help the government out of its economic troubles if
the finance minister was fired. He also used an expletive to
describe the bank’s Monetary Policy Council, which sets rates.