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Kurt Reiman, head of fixed income at UBS Global Wealth Management, says multiple factors and “definitely not just the deficit” are pushing bond yields higher and explains why he expects two interest-rate hikes from the Federal Reserve this year. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
The US Dollar (USD) claws back its early losses and turns positive ahead of the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT.
India’s rice, wheat and maize yields have risen, but China continues to produce more than twice India’s total cereal output, BRICS data shows.
The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Thursday. The local unit closed the day at 277.35, a gain of Re0.01 against the greenback.
A bipartisan group of US senators has urged the Trump administration to take action against three India-based companies accused of conducting hacking campaigns targeting Americans, US businesses and…
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