Edition:
United Kingdom

Saqib Iqbal Ahmed

Dollar index hits seven-week low with COVID stimulus in focus

21 Oct 2020

NEW YORK The dollar hit a seven-week low against a basket of currencies on Wednesday after U.S. President Donald Trump and House Speaker Nancy Pelosi boosted hopes for a large fiscal stimulus package, prompting some traders to ramp up bets on riskier currencies.

FOREX-Dollar broadly weaker as traders await U.S. stimulus breakthrough

21 Oct 2020

* Yuan surges after firmer central bank guidance (New throughout, updates prices, market activity, comments to U.S. market open; previous LONDON)

Bulls are back in the Nasdaq and options are aflutter

20 Oct 2020

NEW YORK Investors are once again chasing upside in shares of tech companies after a sharp sell-off in U.S. equities last month.

Dollar set for best week in three weeks on stimulus uncertainty, virus concerns

16 Oct 2020

NEW YORK The dollar edged lower against a basket of currencies on Friday, paring some of the week's gains built on increased caution over a global surge in coronavirus cases and fading prospects for a U.S. stimulus package before the Nov. 3 election.

FOREX-Dollar edges down; set for best week in three weeks on stimulus uncertainty

16 Oct 2020

* Sterling edges higher in volatile trading (New throughout, updates prices, market activity, comments to U.S. market open; new byline, changes dateline; previous LONDON)

BlackRock CEO Fink says markets have more upside than downside

13 Oct 2020

NEW YORK Strong support from accommodative central banks across the globe and potentially another large round of fiscal stimulus both in the United States and Europe mean financial markets have more upside than downside, BlackRock Inc Chief Executive Larry Fink said on Tuesday.

BlackRock CEO Fink says markets have more upside than downside

13 Oct 2020

NEW YORK Strong support from accommodative central banks across the globe and potentially another large round of fiscal stimulus both in the United States and Europe mean financial markets have more upside than downside, BlackRock Inc Chief Executive Larry Fink said on Tuesday.

BlackRock results beat estimates on strong inflows; assets top $7.8 trillion

13 Oct 2020

NEW YORK BlackRock Inc's quarterly results exceeded analysts' estimates on Tuesday helped by broad-based strength in its businesses, as the recovery rally in global financial markets helped world's largest asset manager end the quarter with a record $7.81 trillion in assets under management.

UPDATE 1-Net short bets against 30-year Treasury bond hit record high -CFTC

09 Oct 2020

NEW YORK, Oct 9 Speculators' net bearish bets on 30-year Treasury bond futures grew to a record high in the latest week, data from the Commodity Futures Trading Commission showed on Friday, reflecting expectations of higher yields on longer-dated U.S. government bonds.

Graphic: U.S. bond yields whipsawed by Trump's stimulus halt

07 Oct 2020

NEW YORK Rising expectations that a Biden victory and a Democratic sweep of Congress would result in broad fiscal stimulus roused U.S. bond yields out of a months-long stupor - only to get whipsawed by an abrupt halt to talks.

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