Stocks

Bloomberg After China finally got a start on seeing its local stocks into global equity indexes, focus turns to what could be an even bigger deal — winning inclusion into the world’s benchmark bond gauges. China is preparing the final touches for the next stage in that campaign — a “Bond Connect” program with Hong Kong that will allow international …

Bloomberg The euro erased gains, bonds pared losses and equities jumped after the European Central Bank suggested financial markets misinterpreted comments from Mario Draghi on the rise of inflation. Draghi’s speech was intended to strike a balance between recognizing the currency bloc’s economic strength and warning that monetary support is still need, according to people familiar with the situation. The …

Bloomberg Chinese stocks were little moved by their addition to MSCI Inc.’s benchmark indexes, as investors weighed the symbolic importance of inclusion against the limited impact on short-term inflows. While MSCI’s announcement was a landmark step in China’s integration with the global financial system, it will initially have a small effect on the amount of foreign money entering the nation’s …

Bloomberg Global stocks retreated and the yen strengthened after oil tumbled into a bear market on concern a supply glut will persist. The pound extended its decline as the UK prepared to start a new parliamentary session under Theresa May’s minority government. European shares fell for a second day as crude continued to edge lower. Haven demand spurred the yen …

Bloomberg The pound sank with gilt yields as Britain’s central bank governor underlined his dovish stance in the face of Brexit. European stocks rose a third day amid a bullish mood for equity investors, and the dollar was steady as this week’s stream of Fed speakers continued. The UK currency weakened a second day as Bank of England Governor Mark …

Bloomberg Asia stocks headed for a third day of gains after the S&P 500 Index rose to a fresh record high and a Federal Reserve official’s comment that US expansion has “a long way to go” boosted confidence in the world’s biggest economy. The MSCI Asia Pacific Index advanced 0.1 percent to 155.37 as of 4:55 p.m. in Hong Kong, …

Bloomberg Singapore property stocks are set for their best annual performance in five years, and strategists believe the rally is far from over. With an expected pickup in real estate following the easing of housing curbs, developers are expected to be the bright spot in Singapore equities as gains in the city-state’s stocks may be limited for the rest of …

Bloomberg European stocks headed for the biggest gain in seven weeks, boosted by French equities after the country’s new president won a free hand to drive through economic reforms. Oil slid as fears of an ongoing supply glut refused to go away. Banks and automakers were the biggest winners as the Stoxx Europe 600 gained a second day. The CAC …

Bloomberg It’s been 18 months since the Federal Reserve’s first post-crisis increase in interest rates. Four hikes in, investors in the $14 trillion Treasuries market are laughing all the way to the bank. The 10-year yield ended last week at 2.15 percent, after touching the lowest levels of 2017 as weaker-than-forecast inflation data stoked speculation that the Fed was erring …

Bloomberg Fears that a selloff in technology stocks would spur a deeper rift in equities were assuaged as the S&P 500 Index ended the week little changed, despite continued weakness in some of market’s biggest winners. The Nasdaq 100 fell 1.1 percent, bringing its two-week drop to 3.4 percent, the worst slide of that length since November. The culprit was …