Stocks

Bloomberg When it comes to mixed messages from markets, 2019 has been a year with few precedents. Whenever a believable signal starts to emerge from stocks or bonds about the economy, it changes. While some disagreement is normal, this is approaching the historic. For context, in a typical year, returns in either equities or Treasuries lead the other by 10 …

Bloomberg Count the chief of the biggest US bank among doubters of Facebook Inc’s effort to create a cryptocurrency. “It was a neat idea that’ll never happen,” JPMorgan Chase & Co CEO Jamie Dimon said on a panel at a conference hosted by the Institute of International Finance in Washington. Dimon said the idea wasn’t particularly unique and pointed to …

Bloomberg Conflicting Brexit headlines keep coming and Boris Johnson’s ability to pull off a deal remains in doubt. But this isn’t stopping stock investors from taking a bet on the UK economy. The Vanguard FTSE 250 UCITS exchange-traded fund, which tracks the index of mid-cap companies that are more sensitive to domestic growth and benefit when sterling is stronger, has …

Bloomberg American equity-index futures slipped on Wednesday while European shares struggled for traction as tensions over Hong Kong mounted and earnings season rolled on. Treasuries gained and the dollar was steady. Contracts on all three major US gauges stayed lower even after Bank of America reported upbeat earnings. The Stoxx Europe 600 was little changed after paring a decline as …

Bloomberg India’s benchmark stock index posted its longest winning streak in more than three months after Wipro Ltd boosted investor optimism with earnings that beat all estimates. In a volatile trading session that saw it pare gains multiple times, the S&P BSE Sensex Index rose 0.2% to 38,598.99 in Mumbai. That marked a fourth day of gains and its longest …

Bloomberg US equity-index futures rose with stocks in Europe as major Wall Street names began reporting earnings for the third quarter. Contracts on the S&P 500 trimmed some of their advance and Treasuries rallied as Bloomberg reported China may struggle to buy the volume of American goods proposed in the “phase one” trade deal. The three main American equity indexes …

Bloomberg The pound climbed towards a three-month high after European Union chief negotiator Michel Barnier rekindled optimism for a Brexit deal before the week is out. Sterling is leading gains among of Group-of-10 currencies, after Barnier said a deal is possible this week but talks remain tough. Options prices showed that investors are positioning for further wider swings in the …

Bloomberg US equity futures dropped alongside stocks in Europe after China appeared to pour cold water on a partial trade deal touted by Donald Trump, saying it wanted to iron out details before signing it. European bonds gained. Contracts on the three main equity indexes signalled US stocks may run out of steam after the S&P 500 rose to within …

Bloomberg The pound pulled back from a three-month high and UK government bonds rallied as traders reassessed the prospect of the UK securing a Brexit deal this week. Sterling dropped as much as 0.9% against the dollar after surging 3.8% during the previous two days amid optimism the two sides would reach an agreement to avoid a no-deal. The European …

Bloomberg The pound’s rally could have a lot further to run if a Brexit deal is secured — and far to fall if talks fail next week. Traders are the most bullish on record for the UK currency over the next month after the European Union’s chief negotiator recommended that detailed talks can begin in earnest. The currency saw its …