Treasuries Tumble With US Payroll Growth Blowing Past Estimates #press

Bloomberg.com

Harrowing Week for Bonds Brings Historic Yields, Little Clarity

Global Food Prices Steady at Two-Year Low on Cheaper Oilseeds Global food prices steadied at the lowest in more than two years as improving supplies of oilseeds and some grains countered sugar shortages. #press

Bloomberg.com

World Food Prices Steady at Two-Year Low on Cheaper Oilseeds

Global food prices steadied at the lowest in more than two years as improving supplies of oilseeds and some grains countered sugar shortages.

Out-of-Favor Gold Looks Attractive as Risks Mount, Nikko AM Says Gold’s recent tumble has made it more attractive in an environment in which elevated interest rates boost the odds of unexpected market ructions, according to Nikko Asset Management. #press

Bloomberg.com

Out-of-Favor Gold Looks Attractive as Risks Mount, Nikko AM Says

Gold’s recent tumble has made it more attractive in an environment in which elevated interest rates boost the odds of unexpected market ructions,...

Argentina Peso Tumbles With Dollarization Rush Amping Up Before Vote Argentina’s peso is tumbling as Argentines rush to exchange pesos for dollars ahead of presidential elections later this month, posting its worst losses since an August selloff. #press

Bloomberg.com

Argentina Peso Tumbles With Dollarization Rush Amping Up Before Vote

Argentina’s peso is tumbling as Argentines rush to exchange pesos for dollars ahead of presidential elections later this month, posting its worst...

Bloomberg Brief 10/05/2023 “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Marija Veitmane, State Street Senior Multi-Asset Strategist discusses the bond market and the higher-for-longer environment. Fmr. UBS Global Wealth Management co-President Tom... #press

Bloomberg

Watch Bloomberg Brief 10/05/2023 - Bloomberg

“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.“Bloomberg Brief” delivers the market news, data ...

ECB’s Kazimir “Strongly Believes’’ Interest Rates Hikes Are Over  European Central Bank Governing Council member Peter Kazimir reiterated that he hopes interest-rate increases have finished following September’s 10th straight move. #press

Bloomberg.com

ECB’s Kazimir ‘Strongly Believes’ Interest Rates Hikes Are Over

European Central Bank Governing Council member Peter Kazimir reiterated that he hopes interest-rate increases have finished following September’s...

Golden Week Data Encouraging for China’s Economy: Zhi “We are seeing more encouraging signs emerging for the Chinese economy.” Xiaojia Zhi, chief China economist at Credit Agricole, discusses China’s Golden Week Holiday, the travel and tourism data for the first 3-5 days of the holiday and its impact on the economy. She speaks on Bloomberg Television.... #press

Bloomberg

Watch Golden Week Data Encouraging for China’s Economy: Zhi - Bloomberg

“We are seeing more encouraging signs emerging for the Chinese economy.” Xiaojia Zhi, chief China economist at Credit Agricole, discusses China...

Bloomberg Markets: The Close 10/04/2023 Romaine Bostick, Katie Greifeld & Scarlet Fu bring you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street and tackle the Sam Bankman-Fried trail, outlook for retail restricting and who might take over for Kevin McCarthy. Guests Today: Bill Gross of PIMCO, Brad... #press

Bloomberg

Watch Bloomberg Markets: The Close 10/04/2023 - Bloomberg

Romaine Bostick, Katie Greifeld & Scarlet Fu bring you the latest news and analysis leading up to the final minutes and seconds before and after th...

Alphabet Bulls Undeterred By Biggest Antitrust Case in Decades Alphabet Inc. is embroiled in one of the most serious antitrust cases to threaten Big Tech in decades. In the stock market, where other megacaps have started to buckle, traders seem unconcerned. #press

Bloomberg.com

Alphabet Bulls Undeterred By Biggest Antitrust Case in Decades

Alphabet Inc. is embroiled in one of the most serious antitrust cases to threaten Big Tech in decades. In the stock market, where other megacaps ha...

KKR Sees ‘Tougher Longer’ Private Equity Environment Philipp Freise, co-head of European private equity at KKR, says the current environment is a “normalization” for private equity as he sees ‘a bit of thawing” in the leveraged loan market and expects fewer IPOs moving forward. He speaks on “Bloomberg Brief.” (Source: Bloomberg) #press https://www.bloomberg.com/news/videos/2023-10-04/kkr-sees-tougher-longer-private-equity-environment-video?utm_source=press.coop

Saudis to Stick With 1 Million-Barrel Oil Supply Cut For Now Saudi Arabia reaffirmed plans to curb oil production by 1 million barrels a day until the end of the year. #press

Bloomberg.com

Saudis to Stick With 1 Million-Barrel Oil Supply Cut For Now

Saudi Arabia and Russia reaffirmed that they will stick with oil supply curbs of more than 1 million barrels a day until the end of the year as a r...

India State Lenders’ Gauge Hits Record A gauge of stocks of state-owned Indian banks has rallied to a new all-time high and surpassed a previous peak of 13 years ago. Ashutosh Joshi reports on Bloomberg Television. (Source: Bloomberg) #press

Bloomberg

Watch India State Lenders’ Gauge Hits Record - Bloomberg

A gauge of stocks of state-owned Indian banks has rallied to a new all-time high and surpassed a previous peak of 13 years ago. Ashutosh Joshi repo...

BlackRock’s Powell: Seeing More Signs Fed Has More to Do “We’re seeing more and more signs that the Federal Reserve might have more to do.” Ben Powell, chief APAC investment strategist at BlackRock Investment Institute, discusses his investment strategy and his outlook for markets. He speaks on Bloomberg Television. (Source: Bloomberg) #press

Bloomberg

Watch BlackRock Says 10-Year Yields Will Continue to Go Higher - Bloomberg

Ben Powell, chief APAC investment strategist at BlackRock Investment Institute, discusses the outlook for Federal Reserve policy and bond yields. �...

New Zealand Central Bank Keeps Key Rate Steady at 5.50% The Reserve Bank of New Zealand kept its key rate at 5.5% and signaled a subdued growth outlook. All 22 economists surveyed by Bloomberg had expected no change from the central bank. Yvonne Man and David Ingles report on Bloomberg Television. (Source: Bloomberg) #press

Bloomberg

Watch New Zealand Central Bank Keeps Key Rate Steady at 5.50% - Bloomberg

The Reserve Bank of New Zealand kept its key rate at 5.5% and signaled a subdued growth outlook. All 22 economists surveyed by Bloomberg had expect...

Traders Gain 1000% in a Day on Timely Point Biopharma Option Bet A well-timed options trade in Point Biopharma Global Inc. stands to hand some investors upwards of $500,000 after Eli Lilly & Co.’s agreement to acquire the company sent its stock surging. #press

Bloomberg.com

Traders Gain 1000% in a Day on Timely Point Biopharma Option Bet

A well-timed options trade in Point Biopharma Global Inc. stands to hand some investors upwards of $500,000 after Eli Lilly & Co.’s agreement...

IMF Warns Fragmentation Imperils Food Security, Green Transition #press

Bloomberg.com

IMF Warns Fragmentation Imperils Food Security, Green Transition

Sam Bankman-Fried's Future Is on the Line The fraud trial of former FTX CEO Sam Bankman-Fried starts today in New York. He's charged with bilking investors and customers out of billions of dollars. Jury selection starts today at federal court in Manhattan. Bloomberg's Kailey Leinz is there with the latest. (Source: Bloomberg) #press

Bloomberg

Watch Sam Bankman-Fried's Future Is on the Line - Bloomberg

The fraud trial of former FTX CEO Sam Bankman-Fried starts today in New York. He's charged with bilking investors and customers out of billions of ...

Ice Rink’s Muni Default Risks Pushing a Missouri City Into Junk Territory A small city in Missouri could see its credit rating cut to junk by S&P Global Ratings because of the financial woes plaguing a local ice rink backed by municipal debt. #press

Bloomberg.com

Ice Rink’s Muni Default Risks Pushing a Missouri City Into Junk Territory

A small city in Missouri could see its credit rating cut to junk by S&P Global Ratings because of the financial woes plaguing a local ice rink ...

PNC Buys Book of Signature Bank’s Private Equity Loans From FDIC PNC Financial Services Group Inc. bought a $16.6 billion portfolio of capital-commitments facilities, mostly to private equity sponsors, that were arranged by failed Signature Bank. #press

Bloomberg.com

PNC Buys Book of Signature Bank’s Private Equity Loans From FDIC

PNC Financial Services Group Inc. bought a $16.6 billion portfolio of capital-commitments facilities, mostly to private equity sponsors, that were ...

Autostrade Bid Exposes Meloni’s Problem With Her Coalition Rival A potential takeover bid for Italy’s main highway operator is exposing the strains in Prime Minister Giorgia Meloni’s coalition as rival parties jostle for position before next year’s European elections. #press https://www.bloomberg.com/news/articles/2023-10-03/autostrade-bid-exposes-meloni-s-problem-with-her-coalition-rival?utm_source=press.coop