Stocks

Bloomberg Austria’s finance ministry is looking at the trading rules for gold and derivatives as inspiration for drawing up regulations on cryptocurrencies for the nation and for the European Union (EU). The goal is to prevent Bitcoin and similar virtual currencies from facilitating money laundering—a crime that’s no stranger to the precious metals business— and to bring trading platforms under ...

Bloomberg US stocks rose for the seventh time in eight days and the dollar’s rally reached a fourth day as strong corporate results bolstered optimism in the economy. Treasuries edged lower as investors await Federal Reserve meeting minutes. The S&P 500 Index jumped as industrial and financial shares paced gains. The index still sits 4.8 percent below its January 26 ...

Bloomberg Treasuries fell, with investors driving the benchmark yield higher as the government auctioned a deluge of bonds. US stocks pared losses in late-morning trading, looking to add to a six-day rally. The Treasury started a week of auctions totalling $258 billion on Tuesday with $151 billion of short-term bills and $28 billion of two-year notes. The two-year rate jumped ...

Bloomberg European shares failed to carry forward a rally from Japan and the US, where the S&P 500 index notched its best week in five years. Oil climbed while the dollar advanced against most major peers. The Stoxx Europe 600 index slipped as auto and consumer stocks dropped. That contrasted with Asia, where equities built on their best week since ...

Bloomberg Want a neat narrative? There isn’t one. Stocks buckled, $3 trillion was lost, then just as quickly, roughly half of it came back. Nothing quite explains every little twist and turn. Much of it remains a blur. But there are clues to be gleaned from the behaviour of buyers and sellers. Several key facts stand out. One: a very ...

DUBAI / Reuters Middle Eastern stock markets may have an upward bias on Sunday because of a gradual recovery in oil prices and in Egypt’s case, last week’s interest rate cut, although there appears to be little reason for any strong rise in equities. Wall Street closed marginally firmer while Brent oil continued its gradual recovery, settling up 51 US ...

Bloomberg US stocks advanced while the dollar fell and Treasuries rose as financial markets looked ahead to Wednesday’s inflation report. The S&P 500 Index climbed for a third day, its longest winning streak since mid-January, amid a rally in financial shares and food retailers. Assets seen as safe havens gained as last week’s surge in volatility continued to weigh on ...

Bloomberg The Goldman Sachs Group Inc. unit that executes share buybacks for clients just had its busiest week ever, but even that couldn’t keep stocks from flopping into a correction. Last week, the firm’s corporate-trading desk saw 4.5 times its average daily volume from 2017, according to data seen by Bloomberg. Even as companies scooped up their own shares, the ...

Bloomberg Credit Suisse Group AG’s trading revenue rebounded at the start of the year along with market volatility, in what Chief Executive Officer Tidjane Thiam said was evidence that the investment bank was alive and well after two years of cost reductions. The first six weeks of 2018 showed a “strong start” in the market-dependent businesses, with revenue gains of ...

Bloomberg Asian stocks rose amid signs markets are beginning to stabilize after the biggest weekly rout in two years. Japanese equities pared gains as the yen advanced. Shares in Hong Kong and China led the rally in Asia after the S&P 500 Index posted its biggest two-day advance in 18 months. Japan’s equities retreated from the day’s highs after traders ...