By Peter Nurse Investing.com - The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession.
By Walter Bianchi, Cassandra Garrison and Rodrigo Campos BUENOS AIRES/NEW YORK (Reuters) - Argentina over-the-counter bonds jumped an average 6.4% on Friday even as the South American country races to strike a deal to restructure $65 billion in foreign debt and avoid a default by a deadline at the end of next week.
(Bloomberg) -- In the epic battle between the trillions of dollars of debt supply needed to finance soaring government deficits, and central banks’ bond buying, the latter is losing, according to Goldman Sachs Group Inc (NYSE:GS). That will lead to higher long-term borrowing costs, particularly in the U.S., the bank said, as it examined whether quantitative-easing programs can buy enough government bonds to keep yields in check.
By Peter Nurse Investing.com - The U.S. dollar has seen demand in early European trade Thursday, as risk aversion reigned on the back of Federal Reserve Chairman Jerome Powell's sobering outlook for U.S. economic growth and his ruling out of negative interest rates.
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