Hints and tips:
...Higher interest rates dent the appeal of holding assets such as stocks and riskier debt because investors are able to earn better returns in cash or ultra-safe assets such as US, German or Japanese government...
...Analysts said global investors were focused on the dent to the UK’s credibility delivered by the government’s new fiscal policy, announced on Friday, which would combine £45bn of tax cuts with a huge wave...
...Another dent to the market could come in the form of a downgrade of the UK’s credit rating....
...The DXY dollar index, measuring broad dollar strength against a basket of other currencies, has pushed up to its highest point since 2017, leaving a dent in sterling and in a number of emerging markets....
...For some longtime bond bulls, the market’s nonchalance in the face of surging prices — typically kryptonite for debt investors — is a vindication of the view that inflation will not leave a lasting dent...
...Higher inflation makes it less likely the Bank of England will make further cuts to interest rates that would dent the pound....
...Vaccine delays and lengthier lockdowns that stunt the economic recovery could also damp activity and dent demand for riskier assets, investors warn....
Jay Powell says central bank willing to tolerate inflation overshoot
...Our colleague Tommy Stubbington reported about this greenium decline....
...Eva Szalay and Tommy Stubbington The City The financial services industry — the UK’s largest services export — is likely to weather the initial storm of a WTO-terms exit since it has been preparing for...
...Typically, such issuance would be expected to dent prices and push up yields. But the £300bn of bond purchases announced by the Bank of England since late March is helping to prop up the market....
...Even a flare-up in geopolitical stress with Iran in January had failed to dent prices for long. Warnings over the potential spread of the coronavirus last month had generated only mild pullbacks....
...Some of the dent to gilts is driven by factors outside of UK politics; further signs that the US and China are moving towards a long-awaited deal on trade has knocked safe pockets of the global bond markets...
US 10-year yield shoots above 2 per cent after non-farm payrolls beat expectations
...One option for the BoJ is simply to cut interest rates and accept the dent to profitability at the nation’s commercial banks, which have chafed against further easing measures....
...My wife favours Stonefruit in Clinton Hill or The Mixtape Shop in Bedstuy, while I prefer Sincerely Tommy’s and Playground....
...Royal Dutch Shell and Maersk shipping group are about to find out, as they team up to fit a tanker with two “rotor sails” to see if the futuristic devices can make a serious dent in fuel bills....
...Ms Morgenier grew up in Pound Ridge, New York and has had internships at PCE Investment Bankers, CBS Evening News and Tommy Hilfiger....
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