Day: February 16, 2021

US STOCKS-Stimulus hopes drive Dow to closing peak but interest rate worries loom

WallStreetReview
US STOCKS-Stimulus hopes drive Dow to closing peak but interest rate worries loom
NEW YORK (Reuters) - The Dow Jones Industrial Average notched a record closing high on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to lift the U.S. economy from a coronavirus-driven slump.The Nasdaq, however, dipped as technology stocks moved lower, while concerns over rising interest rates kept the benchmark S&P 500… Read More

CANADA FX DEBT-Canadian dollar falls as higher bond yields spook investors

WallStreetReview
CANADA FX DEBT-Canadian dollar falls as higher bond yields spook investors
(Adds strategist quotes and details throughout; updates prices) * Canadian dollar weakens 0.3% against the greenback * Loonie touches its strongest intraday since Jan. 21 at 1.2610 * Price of U.S. oil settles nearly 1% higher * Canadian bond yields rise across a steeper curve By Fergal Smith TORONTO, Feb 16 (Reuters) - The Canadian… Read More

Foreign investors resume Treasury sales in December

WallStreetReview
Foreign investors resume Treasury sales in December
By Reuters Staff1 Min ReadFeb 16 (Reuters) - Foreign investors resumed selling U.S. Treasury bonds and notes in December, Treasury department data on Tuesday showed, after they made net purchases in November.On a transaction basis, foreigners sold $20.7 billion in Treasuries in December, after buying $9.6 billion of them in November, the U.S. Treasury Department… Read More

Senate panel sets confirmation hearing for U.S. Treasury nominee Adeyemo

WallStreetReview
Senate panel sets confirmation hearing for U.S. Treasury nominee Adeyemo
FILE PHOTO: Wally Adeyemo, U.S. President-elect Joe Biden's nominee to be deputy treasury secretary, speaks as President-elect Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delaware, U.S., December 1, 2020. REUTERS/Leah MillisWASHINGTON (Reuters) - President Joe Biden’s nominee for the No. 2 job at the… Read More

Morocco receives second batch of 500,000 Sinopharm doses

WallStreetReview
Morocco receives second batch of 500,000 Sinopharm doses
A health worker counts used vials of Sinopharm's coronavirus disease (COVID-19) vaccine, at a vaccination centre in Karachi, Pakistan February 11, 2021. REUTERS/Akhtar SoomroRABAT (Reuters) - Morocco received a second batch of 500,000 doses of China’s Sinopharm coronavirus vaccine on Tuesday, part of its national vaccination campaign, health ministry sources said.The 1 million Sinopharm doses… Read More