equitieswatch
Wednesday, June 7, 2023
About us
Advertise
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities
No Result
View All Result
Equitieswatch.com
No Result
View All Result

Live news updates: JetBlue threatens Spirit’s planned merger with $3.6bn bid

by equitieswatch
April 6, 2022
in Finance

US and eurozone government debt sold off as traders took into account the prospect of stronger sanctions against Russia and comments from a top policymaker at the Federal Reserve who signalled that the central bank would move more aggressively to curb inflation.

The yield on the 10-year US Treasury note, which moves inversely to its price and is a benchmark for borrowing costs worldwide, rose 0.16 percentage points to 2.56 per cent, its highest level since May 2019. The yield on the policy-sensitive two-year note jumped 0.11 percentage points to 2.53 per cent.

The sell-off in the US was exacerbated by comments from Lael Brainard, Federal Reserve governor, who on Tuesday said she expected the central bank to begin a “rapid” reduction of its balance sheet to tighten policy.

Germany’s 10-year Bund added 0.11 percentage points to 0.61 per cent, and Italy’s equivalent bond yield rose 0.19 percentage points to 2.26 per cent. The UK’s 10-year gilt yield added 0.11 percentage points to 1.65 per cent.

Brussels said it was ready to launch a fifth package of sanctions on Russia that would include a ban on coal imports from the country. Restrictions on oil imports are being considered, although not expected to be included in this week’s package.

On Monday, the US and France had called for a significant escalation of punitive measures against Russia, following reports of atrocities by its forces in Ukraine.

Coal futures for April were up 15 per cent on Tuesday at $296 a tonne. Oil prices fell slightly, with Brent crude, the international benchmark, settling down 0.83 per cent to $106.64 a barrel.

Read more on the day’s market moves here

Source link

YOU MAY ALSO LIKE

The U.S. is hurtling toward a recession. Here’s the best-case scenario for how it could play out—and the worst

Bitcoin Breaches $20,000 for the First Time Since 2020

ShareTweetPin

Search

No Result
View All Result

Recent News

Oil slips further on demand, financial market worries By Reuters

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

October 25, 2022
Gold Up, Set for Second Weekly Gain as Dollar Falls from 20-Year High By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

October 25, 2022
Explainer-What would be the impact of Russian oil sanctions in Europe? By Reuters

Oil prices edge higher as U.S. dollar eases By Reuters

October 25, 2022
Equitieswatch.com

Equitieswatch.com is your Stock Market, Finance, Forex, Cryptocurrency, Business, NFT News Website. We provide you with the latest breaking news and videos straight from the Business industry.

  • Home
  • About us
  • Contact
  • Privacy Policy

© 2022 www.equitieswatch.com

No Result
View All Result
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities

© 2022 www.equitieswatch.com