Senior Correspondent, New York
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Feb 12, 2015

U.S. Treasuries cut losses after weak U.S. data

NEW YORK, Feb 12 (Reuters) – U.S. Treasury prices pulled up
from overnight lows on Thursday as weaker-than-expected U.S.
retail sales and weekly jobless claims reports inserted some
caution into the economic backdrop and forecasting of U.S.
monetary policy.

The data, which showed U.S. consumer spending barely
rebounded in January suggests economic growth was slow in the
first quarter, and caused a knee-jerk reaction to buy.

Feb 11, 2015
Feb 11, 2015

Euro dashes higher on reports of progress over Greece

NEW YORK (Reuters) – The euro advanced against the U.S. dollar late on Wednesday as conflicting reports emerged about progress between the European Union and Greece over a bailout deal due to expire at the end of the month.

Two official sources told Reuters that no deal has been reached, but that a common statement was being drafted that could leave it open for Greece to extend its current financing. A Greek official insisted there could be no extension of the deeply unpopular bailout.

Feb 11, 2015
Feb 11, 2015

Venezuela bonds tumble as investors spurn new forex system

CARACAS/NEW YORK (Reuters) – Venezuela’s dollar-denominated bonds tumbled on Wednesday after the government announced a new foreign exchange platform that was seen as insufficient to resolve an economic crisis and ease fears of a possible bond default.

The OPEC nation on Tuesday unveiled a new free-floating currency platform called Simadi, the third system in a three-tier exchange control mechanism meant to bolster state coffers.

Feb 10, 2015
Feb 10, 2015
Feb 10, 2015
Feb 8, 2015
Feb 8, 2015
    • About Daniel

      "Senior Correspondent covering global financial markets, investing and foreign policy. I'm New York-based with 20+ years of experience in text, TV and radio. My current post lets me roam across all asset classes and geography, from the developed to the emerging markets. I've reported and taught journalism in Asia, Europe, Latin America and the United States."
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