Gilts have surged to take benchmark yields to the lowest since 2017, as investors sought safe assets on the increasing risk of a no-deal Brexit. Gilts have outperformed their peers in May, including Treasuries and German bunds, on the prospect that the Bank of England might have to switch tack to make
— Read on ca.finance.yahoo.com/news/bonds-prove-u-k-asset-145643208.html
Category: Headline News
The Latest Headline News from around the World.
ECB Policy Maker Sees Economic Upturn Intact Before June Meeting
The euro-area economy remains on track with European Central Bank projections that foresee an upturn later this year, policy maker Bostjan Vasle said. The ECB is gearing up for a meeting in Lithuania in two weeks that will include updates to its forecasts and discussions over how generous to make a
— Read on ca.finance.yahoo.com/news/ecb-policy-maker-sees-economic-040011394.html
How Much Should You Save? 40% Would Struggle With $400 Emergency – Bloomberg
Many U.S. households find themselves in a fragile position financially, even in an economy with an unemployment rate near a 50-year low, according to a Federal Reserve survey.
— Read on www.bloomberg.com/news/articles/2019-05-23/almost-40-of-americans-would-struggle-to-cover-a-400-emergency
Fairfax’s Watsa Sees Trade Tensions Easing, Growth in India – Bloomberg
Investor Prem Watsa sees more room to run in the global economy because trade tensions with China will ease, and calls India the “single best place” to put money.
— Read on www.bloomberg.com/news/articles/2019-05-23/fairfax-s-watsa-sees-trade-tensions-easing-growth-in-india
China can maintain ‘healthy’ growth despite trade friction: planning official – Reuters
China can maintain healthy, sustainable economic growth even as it suffers some impact from trade friction with the United States, a senior official from China’s state planner was quoted as saying on Friday.
— Read on www.reuters.com/article/us-usa-trade-china/china-can-maintain-healthy-growth-despite-trade-friction-planning-official-idUSKCN1SU1AT
Trump predicts ‘fast’ trade deal with China but provides no evidence
U.S. President Donald Trump on Thursday predicted a swift end to the ongoing trade war with China, although no high-level talks have been scheduled between the two countries.
— Read on www.cnbc.com/2019/05/24/trump-predicts-fast-trade-deal-with-china-but-provides-no-evidence.html
CMHC CEO defends mortgage stress test changes amid calls for loosening rules – BNN Bloomberg
CMHC CEO defends mortgage stress test changes amid calls for loosening rules – BNN Bloomberg
— Read on www.bnnbloomberg.ca/cmhc-ceo-defends-mortgage-stress-test-changes-amid-calls-for-loosening-rules-1.1263474
U.S. Fed minutes signal patience on rate moves for ‘some time’ – BNN Bloomberg
U.S. Fed minutes signal patience on rate moves for ‘some time’ – BNN Bloomberg
— Read on www.bnnbloomberg.ca/u-s-fed-minutes-signal-patience-on-rate-moves-for-some-time-1.1262742
Poloz expects rates to rise ‘a bit’ but unsure on timing – BNN Bloomberg
Poloz expects rates to rise ‘a bit’ but unsure on timing – BNN Bloomberg
— Read on www.bnnbloomberg.ca/poloz-expects-rates-to-rise-a-bit-but-unsure-on-timing-1.1260675