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Dec 18, 2014

Stocks climb on Fed policy signals; oil slips again

NEW YORK (Reuters) – Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day on what investors viewed as a favorable result from the Federal Reserve’s most recent meeting.

The Swiss franc tumbled after its central bank announced a surprise charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the European Central Bank starts full-scale money printing early next year.

Dec 17, 2014

Wall Street rallies, dollar gains after Fed policy statement

NEW YORK (Reuters) – U.S. stock prices jumped and the dollar strengthened on Wednesday after the Federal Reserve signaled America’s economy was strong enough to handle interest rate hikes at some point in 2015, but emphasized that shifts in policy would be gradual.

The dollar rose against most other currencies, though it declined sharply against the Russian ruble, whose dramatic drop has roiled markets and driven up the prices of safe-haven government bonds.

Dec 17, 2014

Equities gain as oil prices rebound, and safety bid eases

NEW YORK, Dec 17 (Reuters) – Global markets stabilized on
Wednesday, with U.S. and European equities rebounding as a
comeback in oil prices drove up energy shares.

The yield on U.S. five-year Treasuries climbed to session
highs as the gains on Wall Street and domestic oil futures pared
safe-haven buying that has been fueled by the deepening economic
crisis in Russia.

Dec 11, 2014

Analysis – All the rage a year ago, bitcoin sputters as adoption stalls

NEW YORK (Reuters) – After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.

Figures obtained by Reuters show that while “wallets” – cyberspeak for accounts – are being created at a steady clip, many of them are empty. Analysts also provided Reuters with data that shows liquidity in the cryptocurrency remains limited.

Dec 11, 2014

All the rage a year ago, bitcoin sputters as adoption stalls

NEW YORK (Reuters) – After skyrocketing to more than a thousand dollars in price late last year and attracting global attention, bitcoin, the leading digital currency, has stalled.

Figures obtained by Reuters show that while “wallets” – cyberspeak for accounts – are being created at a steady clip, many of them are empty. Analysts also provided Reuters with data that shows liquidity in the cryptocurrency remains limited.

Dec 5, 2014

Easy-money bond trade gets flattened by U.S. yield curve

NEW YORK, Dec 5 (Reuters) – One of the most popular and
profitable bond trades of the post-crisis era is getting bowled
over by a flattening U.S. Treasury yield curve.

The strategy, favored over the past several years by the
likes of Pimco and other big bond mavens, features buying
securities around the steepest portion of the yield curve and
holding them as they “roll down” the slope of the curve.

Dec 5, 2014

Prices tumble on rosy U.S. jobs report

NEW YORK, Dec 5 (Reuters) – U.S. Treasuries prices dropped
on Friday after data showed U.S. employers hired more workers in
November than during any month in nearly three years, boosting
expectations for the U.S. Federal Reserve to raise interest
rates by mid-2015.

The robust report knocked down prices of shorter maturities
sharply, and pushed short-term yields toward their biggest
single-day rises in nearly four years.

Dec 5, 2014

Prices tumble on surprisingly strong U.S. jobs data

NEW YORK, Dec 5 (Reuters) – U.S. Treasuries prices dropped
sharply on Friday after U.S. employers hired more workers in
November than during any month in nearly three years, boosting
expectations for the Federal Reserve to raise interest rates by
mid-2015.

The robust report caused the yield on U.S. 2-year Treasuries
to rise nearly 9 basis points to its highest since
May 2011, according to Reuters data.

Dec 5, 2014

Yields jump on surprisingly strong U.S. jobs data

NEW YORK, Dec 5 (Reuters) – U.S. Treasuries prices dropped
sharply on Friday after U.S. employers hired more workers in
November than during any month in nearly three years, boosting
expectations for the Fed to raise rates in the first half of
2015.

The robust report caused the yield on U.S. 2-year Treasuries
to rise nearly 9 basis points to its highest since
May 2011, according to Reuters data.

Dec 4, 2014

Prices rise as euro bonds sag on ECB outlook

NEW YORK, Dec 4 (Reuters) – U.S. Treasuries prices rose on
Thursday, while European bond prices sagged, after the euro
zone’s chief central banker said policymakers would not decide
until early next year if the slowing region needs more economic
stimulus.

Prices of 30-year Treasuries, which fell earlier this week
due to investors positioning for a flurry of high-quality
corporate debt offerings, increased 19/32. Long bonds
were last yielding 2.9612 percent, according to
Reuters data.