BofA gives Bitcoin a thumbs-up? “Bitcoin can become a major means of payment for e-commerce… Bitcoin has clear potential for growth”
LONDON, Dec 3 (Reuters) – Egypt has postponed any decision
on taking a $4.8 billion loan from the IMF as financial aid from
Gulf states has given Cairo some breathing space as it starts to
conduct economic reforms, Deputy Prime Minister Ziad Bahaa
El-Din said on Tuesday.
Bahaa El-Din said Egypt has so far received around $8
billion of a $12 billion aid package from Saudi Arabia, Kuwait
and the United Arab Emirates promised in July, days after the
army toppled Islamist President Mohamed Mursi.
LONDON (Reuters) – Leading global investors slashed North American bond holdings to a 3 1/2-year low in November as expectations for dwindling U.S. monetary stimulus encouraged them to buy developed-market equities, a Reuters survey showed on Friday.
The monthly poll of 52 leading investment houses from the United States, Japan and Europe also showed Latin America is bearing the brunt of the investor shift out of emerging markets, with its equity weighting hitting nearly 4-year lows.
LONDON (Reuters) – The 30-year bond boom looks to be over but fears of a dramatic sell-off next year may be overstated.
Even if the U.S. Federal Reserve terminates its entire bond buying progprogramam by the end of 2014, growing long-term demand from pension and insurance funds and a gradual reduction in government borrowing are likely to cushion the impact.