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Apr 22, 2014

World Chefs: Cathal Armstrong returns to Irish roots in first cookbook

NEW YORK (Reuters) – Dublin-born Cathal Armstrong dug deep into his Gaelic roots for inspiration for his first book “My Irish Table,” which includes recipes and stories about his journey as a chef.

Critics have praised Armstrong, who immigrated to the United States when he was 20, for his creative and healthy dishes that highlight vegetables and meat raised in the Mid-Atlantic region of the United States.

Apr 21, 2014

U.S. stocks extend winning streak; dollar firm

NEW YORK, April 21 (Reuters) – U.S. stocks rose on Monday,
building on last week’s rally as investors continued to digest
corporate results, while the dollar reached a two-week high
against the yen after Japan posted a record trade deficit.

The S&P 500 index rose for a fifth straight day, the longest
winning streak since October. The S&P 500 last week jumped 2.7
percent, the biggest weekly rise since July.

Apr 21, 2014

U.S. stocks flat on earnings; dollar firm

NEW YORK (Reuters) – U.S. stocks were little changed on Monday as investors found little reason to push up prices after last week’s rally, while the dollar reached a two-week high against the yen after Japan posted a record trade deficit.

The S&P 500 index last week posted its biggest weekly rise since July, and investors were awaiting the release of results by other major companies.

Apr 17, 2014

Yen slips with Ukraine worries; pound hits 4-1/2-year high

NEW YORK, April 17 (Reuters) – The yen fell on Thursday as
efforts toward finding a diplomatic solution to ending violence
in eastern Ukraine prompted traders to trim safe-haven yen
holdings ahead of the Easter holiday weekend.

Trading volumes faded before an extended weekend in the
United States, Britain and parts of Europe. London, which has
the biggest share of daily global currency trading, will be shut
on Friday and Monday, while U.S. financial markets will be
closed on Friday. Markets in Tokyo will be open, however.

Apr 17, 2014

Dollar slips on Yellen’s dovish stance, pound hits four-and-a-half year high

NEW YORK (Reuters) – The U.S. dollar slipped against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen said low interest rates are needed to support the U.S. economy even though such a policy stand hurts its currency.

Dollar weakness helped propel sterling to its highest against the U.S. currency since late 2009 as investors continued to price in expectations for a Bank of England rate hike in the first quarter of 2015 after strong jobs and wages data on Wednesday.

Apr 17, 2014

Dollar slips on Yellen’s dovish stance, pound hits 4-1/2-year high

NEW YORK, April 17 (Reuters) – The U.S. dollar slipped
against a basket of currencies on Thursday after Federal Reserve
Chair Janet Yellen said low interest rates are needed to support
the U.S. economy even though such a policy stand hurts its
currency.

Dollar weakness helped propel sterling to its highest
against the U.S. currency since late 2009 as investors continued
to price in expectations for a Bank of England rate hike in the
first quarter of 2015 after strong jobs and wages data on
Wednesday.

Apr 15, 2014

Foreign purchases of U.S. Treasuries highest since 2011

NEW YORK, April 15 (Reuters) – Foreign purchases of U.S.
Treasuries jumped in February to their highest level in nearly
2-1/2 years on safe-haven demand due to the global economy and
the tension between Russia and the West over Ukraine’s Crimea
region, U.S. Treasury data showed on Tuesday.

Overseas investors and central banks bought $92.4 billion in
Treasuries in February, the most they have bought since
September 2011. This compared with a revised $584 million they
sold in January.

Apr 15, 2014

Jose Garces to put on a show at new restaurant

NEW YORK (Reuters) – Jose Garces has been practicing his entertaining skills and refining the menu he will cook before guests at his latest fine-dining venture restaurant Volver, set to open on Wednesday in Philadelphia.

Performing and cooking before a live audience has become second nature for Garces after he won the title of “Iron Chef,” the popular U.S. television cooking competition in 2009.

Apr 15, 2014

World Chefs-Jose Garces to put on a show at new restaurant

NEW YORK, April 15 (Reuters) – Jose Garces has been
practicing his entertaining skills and refining the menu he will
cook before guests at his latest fine-dining venture restaurant
Volver, set to open on Wednesday in Philadelphia.

Performing and cooking before a live audience has become
second nature for Garces after he won the title of “Iron Chef,”
the popular U.S. television cooking competition in 2009.

Apr 14, 2014

Global stocks rebound on upbeat U.S. data; euro falls

NEW YORK (Reuters) – Global equities rose on Monday as robust U.S. retail sales data signaled economic growth, while the euro fell after the European Central Bank gave its strongest signal yet that it would ease policy to cool the single currency.

The encouraging retail sales from the world’s biggest economy, which had been bogged down by a harsh winter, overrode fears of a military conflict in Ukraine that had punished stock prices earlier.

    • 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."
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