EghtesadOnline: Threats from fatal Hurricanes and North Korea’s missile program are unnerving investors, prompting them to seek shelter in haven assets.
EghtesadOnline: Asian equities were mixed, the yen and gold extended gains, and Treasuries rallied as traders digested reports of North Korean plans for a ballistic missile launch on the heels of Sunday’s nuclear test.
EghtesadOnline: Treasuries dropped across the curve after pro-Europe centrist Emmanuel Macron won the first round of France’s presidential election, easing demand for safer assets.
EghtesadOnline: The Federal Reserve is back in the financial-market spotlight, with strengthening speculation that an interest rate hike is imminent buoying the dollar for an eighth day against the yen, dragging gold lower, and spurring the yield on two-year Treasuries to the most in 10 years versus German notes.
EghtesadOnline: The debate over the path for U.S. interest rates heightened as hawkish comments from another Federal Reserve regional chief sent Treasuries and stocks slumping, while spurring dollar gains.