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Rhine crisis shows signs of respite

  Bloomberg Water levels on the Rhine are set to rise over the weekend, potentially providing respite to a crisis that has snarled the shipment of energy products and other goods along one of Europe’s most important rivers. The marker at Kaub, a narrow and shallow waypoint west of Frankfurt, is set to rise to 67 centimeters, data shows. The ...

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Bond slide proves irresistible for Australia’s $2.4tn pension sector

  Bloomberg After years of eschewing the world’s safest assets, the managers of Australia’s $2.4 trillion of retirements savings are buying sovereign bonds. The trigger: fear that the global economy is sliding into recession. It’s a watershed moment for the country’s pension chiefs, whose love affair with riskier assets saw them binge on stocks while skirting this year’s historic bond ...

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US futures fluctuate as policy concerns linger

  Bloomberg US equity-index futures pared losses in a volatile session after the Federal Reserve signalled a delicate balancing act that would see inflation-busting rate hikes continue despite a weakening economy. September contracts on the S&P 500 and Nasdaq 100 slid about 0.1% after the underlying benchmarks posted losses. The two-year Treasury yield, the most sensitive to monetary tightening, fluctuated ...

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