European shares faltered at a two-week high as investors assessed
disappointing earnings from Nestle SA, while government bonds rose and
oil held gains.
Stocks in Europe fell 0.1 percent at 9:11 a.m. in
London. Treasuries advanced, and the yen also climbed. Japan sold
five-year bonds at auction with a negative yield for the first time.
Emerging markets and currencies rose.
The Mexican peso gained a second day after lawmakers took unprecedented steps to protect the currency. Crude held gains with Iran backing an output freeze by key energy-producing nations.
Global stocks have regained much ground after falling into a bear market last week, fueled by oil’s rally coupled with the Federal Reserve’s acknowledgment of market gyrations.
St. Louis Fed President James Bullard said Wednesday recent turmoil that’s contributed to a further decline in investors’ inflation expectations has given the central bank scope to delay raising interest rates.
China’s consumer price inflation quickened while factory-gate deflation moderated, signaling that demand is beginning to stabilize
The Mexican peso gained a second day after lawmakers took unprecedented steps to protect the currency. Crude held gains with Iran backing an output freeze by key energy-producing nations.
Global stocks have regained much ground after falling into a bear market last week, fueled by oil’s rally coupled with the Federal Reserve’s acknowledgment of market gyrations.
St. Louis Fed President James Bullard said Wednesday recent turmoil that’s contributed to a further decline in investors’ inflation expectations has given the central bank scope to delay raising interest rates.
China’s consumer price inflation quickened while factory-gate deflation moderated, signaling that demand is beginning to stabilize
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