Bloomberg Italian bonds dropped as disappointing economic growth and a tepid debt sale damped investor enthusiasm. The securities snapped a three-day rally after the nation’s growth stagnated in the third quarter and sale prices for 10-year debt at the Treasury auction were below market levels. The weaker average sale price reflected fragile investor sentiment after rating agencies cut their view …

Bloomberg The ultimate guarantor of job security for presidential whipping boy Jerome Powell may lie not in Washington, but on Wall Street. President Donald Trump could confront a huge blow back from the financial markets — with stocks, bonds and the dollar all going down — if he made a serious move to oust the Federal Reserve chairman, market professionals …

Bloomberg The South African Reserve Bank sees higher interest rates in the next two years to help contain accelerating inflation. The central bank’s quarterly projection model forecasts a benchmark rate of 7.7 percent by the end of 2020 compared to 6.5 percent currently, it said in its six-monthly Monetary Policy Review released in Pretoria, the capital. While policy will remain …