Richard's Feed
Nov 26, 2014

Dollar falls as weak data stokes U.S. growth worries

NEW YORK, Nov 26 (Reuters) – The dollar fell against a
basket of currencies on Wednesday as a batch of disappointing
U.S. data on consumers, housing and manufacturing raised concern
that the world’s biggest economy is losing momentum in the final
months of 2014.

Volume was lighter than average ahead of the U.S.
Thanksgiving holiday on Thursday, when U.S. financial markets
will be closed. Many U.S. traders are expected to stay out of
the office on Friday when markets reopen.

Nov 26, 2014

Dollar falls on disappointing economic data

NEW YORK, Nov 26 (Reuters) – The dollar fell against a
basket of currencies on Wednesday as a batch of disappointing
U.S. data on consumers, housing and manufacturing raised concern
that the world’s biggest economy is losing momentum in the final
months of 2014.

Volume was lighter than average ahead of the U.S.
Thanksgiving holiday on Thursday when U.S. financial markets
will be closed. Many U.S. traders are expected to stay out of
the office on Friday when markets reopen.

Nov 25, 2014

Yen gains after BOJ minutes; dollar retreats

NEW YORK, Nov 25 (Reuters) – The yen rose on Tuesday after
Bank of Japan minutes showed the hurdle to further quantitative
easing was high, while the dollar slipped as data showing a
deterioration in consumer confidence overshadowed a surprise
upgrade in third-quarter U.S. growth.

Still the yen, dollar and euro held in tight ranges since
Monday ahead of the U.S. Thanksgiving holiday when U.S. markets
will close.

Nov 25, 2014

Photographer captures images of grandmas and their food

NEW YORK (Reuters) – Photographer Gabriele Galimberti’s grandmother Marisa fretted what about he would eat during a two-year global trip for his latest book so he reassured her there were other grandmothers like her who would cook for him.

“In Her Kitchen,” Galimberti’s first cookbook, pays homage to his octogenarian “nonna” and her concern for his well being. It contains recipes ranging from hearty soups to iguana with rice and beans, along with profiles and photographs of the food and the grandmothers who contributed them, from the 60 countries he traveled to.

Nov 24, 2014

Euro rises on German data, ECB’s Weidmann, dollar slips

NEW YORK, Nov 24 (Reuters) – The euro rose against the
dollar and yen on Monday due to encouraging German business
data and remarks from a top European Central Bank official that
cast doubts on whether the bank will take aggressive stimulus
measures in the near future.

As the euro rebounded from a near two-year low against the
greenback, the dollar index pulled back from a near 4-1/2-year
high set earlier in the day. The Japanese market was closed on
Monday for a holiday.

Nov 24, 2014

Euro rises on German data, ECB’s Weidmann’s remarks

NEW YORK, Nov 24 (Reuters) – The euro rose against the
dollar and yen on Monday due to encouraging German business
data and remarks from a top European Central Bank official that
cast doubts on whether the bank will take aggressive stimulus
measures in the near future.

As the euro rebounded from a near two-year low against the
greenback, the dollar index pulled back from a near 4-1/2-year
high set earlier in the day. The Japanese market was closed on
Monday for a holiday.

Nov 24, 2014

Dollar index rises near four-and-a-half year high; euro firms vs dollar

NEW YORK (Reuters) – The dollar approached a 4-1/2-year high against a basket of currencies on Monday as traders speculated that overseas central banks would further ease monetary policies to help their economies, even though it would erode their currencies.

China might be ready to lower interest rate again after Friday’s surprise rate cut in an effort to stem deflation, sources familiar with its policymaking told Reuters. [ID:nL3N0TE15C]

Nov 24, 2014

Dollar index rises near 4-1/2 year high; euro firms vs dollar

NEW YORK, Nov 24 (Reuters) – The dollar approached a
4-1/2-year high against a basket of currencies on Monday as
traders speculated that overseas central banks would further
ease monetary policies to help their economies, even though it
would erode their currencies.

China might be ready to lower interest rate again after
Friday’s surprise rate cut in an effort to stem deflation,
sources familiar with its policymaking told Reuters.

Nov 18, 2014

World Chefs: Geoffrey Zakarian dishes on must-have ingredients in new book

NEW YORK, Nov 18 (Reuters) – Chef Geoffrey Zakarian reveals
his 50 must-have ingredients at home and the 150 dishes inspired
by them, ranging from appetizers to desserts, in his new
cookbook “My Perfect Pantry.”

The 55-year-old American chef, who has earned praise for his
modern American cuisine, has run a string of restaurants
including The Lambs Club and the National in New York City.

Nov 13, 2014

CBOE bond volatility futures make silent debut

NEW YORK, Nov 13 (Reuters) – A CBOE futures contract tied to
a gauge on the expected volatility of the U.S. bond market,
comparable to the exchange’s futures for its VIX index
for stocks, made nary a ripple in its debut on Thursday.

The Chicago Board Options Exchange launched its futures
contract tied to the CBOE/CBOT 10-year U.S. Treasury Note
Volatility Index. The contracts are geared to traders
who want to hedge against large swings in U.S. bond yields.

    • About Richard

      "I am currently part of the U.S. Treasuries group based in New York, which covers the government debt market as well as interest rate derivatives. Previously, I was a specialist in housing and structured finance. Prior to joining the fixed income team, I had written extensively about the U.S. energy industry with focus on market and regulatory issues."
    • Follow Richard