(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON, May 19 (Reuters) – Inevitable caveats aside, this week’s Franco-German push to mutualise European Union debts to help
JGBs dip before 20-year debt sale, in line with U.S. Treasuries
TOKYO, May 19 (Reuters) – Government bond prices dipped across all maturities on Tuesday, ahead of a 20-year debt sale, and also tracked a rise in U.S. treasuries yields as investors cheered encouraging trial results of a potential COVID-19 vaccine.
Studio East restaurant in Halifax closes doors for good due to coronavirus
A popular Halifax restaurant is closing its doors for good, becoming the latest small business in the city to shut down permanently as a result of the COVID-19 pandemic. Studio East confirmed Friday it would not reopen when the rest
Spring lobster season opens amid manpower concerns for processors
The spring lobster season is open across much of the Maritimes, and fishermen began setting their traps this morning. The season is opening two weeks later than usual because of the COVID-19 pandemic. [ Sign up for our Health IQ
EMERGING MARKETS-Oil prices lift Mexican, Colombian pesos but sentiment remains fragile
By Susan Mathew May 15 (Reuters) – Surging oil prices buoyed currencies of oil exporters Mexico and Colombia on Friday, although rising U.S.-China trade tensions and dismal economic data owing to the coronavirus outbreak kept sentiment at bay. Extending gains
CEE MARKETS-Stocks rise tracking rally in Western European equities
By Anita Komuves BUDAPEST, May 15 (Reuters) – Central European stock markets rose and most currencies edged higher on Friday, tracking a rally in Western European shares driven by positive economic data from China. The DAX index of Germany, Central
Collapse in consumption dragging down global economic outlook – IMF
WASHINGTON, May 13 (Reuters) – A collapse in consumption and other incoming data are dragging down the outlook for the global economy, the International Monetary Fund’s chief economist Gita Gopinath said on Wednesday. Gopinath said economic data gathered since April
Peterborough Musicfest postpones 2020 season due to coronavirus pandemic
The 34th season of Peterborough Musicfest has been postponed due to the coronavirus pandemic. On Tuesday, organizers of the annual outdoor summer concert series announced that following consultation with health officials and authorities, the 2020 season is postponed. Each summer,
China factory deflation deepens in April as recovery stalls
BEIJING (BLOOMBERG) – China’s factory deflation deepened in April and consumer price gains slowed, signaling ongoing weakness in the world’s second-largest economy. The producer price index dropped 3.1 per cent in the month, versus a forecast 2.5 per cent decline.
JGBs dip, 10-year yield turns positive on hopes of reopening of economies
TOKYO, May 11 (Reuters) – Japanese government bond prices dipped on Monday, with the benchmark 10-year yield rising into positive territory for the first time in more than two weeks, as hopes of re-openings of economies in many countries undercut