Financial Markets - Bonds
EXCLUSIVE-Japan panel warns of dangers if debt unaddressed
TOKYO, May 20- A Japanese government panel warns there is "absolutely no" guarantee that domestic investors will keep buying government bonds, citing the risk of a spike in bond yields that could crimp long-term growth prospects, according to a draft report seen by Reuters on Monday. Read More | View Original Article
Yields Near 2-Month Peak After US Consumer Data
U.S. Treasurys were on the defensive on Monday, with the benchmark yield near a two-month peak. Read More | View Original Article
JGB market sentiment turns positive - Thomson Reuters survey
TOKYO, May 20- Sentiment in the Japanese government bond market recovered into positive territory ahead of this week's Bank of Japan meeting, the latest weekly Thomson Reuters poll showed on Monday. Read More | View Original Article
Six Weeks Key to Deciding Detroit's Bankruptcy Fate
The next six weeks will determine if Detroit can escape a bankruptcy filing. Read More | View Original Article
Hedge fund hires leading IMF official
Lorenzo Giorgianni, the deputy head of the IMF’s policy department, will join Mr Jones’s Tudor Investment Corporation in October, according to sources Read More | View Original Article
Purchase indices and confidence watched
Preliminary estimates for purchasing indices covering the leading economies, are out on Thursday, and Ifo survey of business in Germany, on Friday Read More | View Original Article
Bill Gross & Jeff Gundlach Make Bold Calls Based On Monetary Policy
Bond Gurus Jeff Gundlach of DoubleLine, and Bill Gross of PIMCO have started to make market calls that don’t directly have to do with the direction of interest rates or which type of bonds provide the most value. Rather, they have both started to make market calls based on their understanding of how central bank monetary policy (something that they follow closely as bond investors) will impact the pricing of assets other than bonds. Read More | View Original Article
Nokia's Windows Phone Slowly Gaining Traction
There is still uncertainty about the course Stephen Elop has charted for Nokia but it has always made sense to me. For Nokia to have become a me, too Android phone supplier made no sense at all. Microsoft offered money and support so he took Nokia from its "burning platform," ditched Symbian and started over. One can argue that MSFT is so challenged itself with its present leadership that it hasn't provided the support one might have hoped for. Read More | View Original Article
UPDATE 1-Ex-financial adviser gets probation in muni bond case
Martin Kanefsky, who was the chief of the now-defunct Kane Capital Strategies Inc, pleaded guilty in April 2010 to fraud and conspiracy charges related to his role in a scheme to manipulate bids for investment agreements and municipal finance contracts. Among those convicted were bankers who worked at General Electric Co, UBS AG, JPMorgan Chase& Co. Read More | View Original Article
Kocherlakota Urges Fed to Focus on 'Real' Rate
Narayana Kocherlakota of the Minneapolis Fed says the FOMC still has not lowered the "real" interest rate sufficiently, reports CNBC's Steve Liesman. Read More | View Original Article
Serious Money: The mini-bond bubble
Beyond the headline interest rates, there isn’t much to like about ‘mini-bonds’ Read More | View Original Article
Market insight: What price quality shares?
Have blue-chip stocks like Unilever and Diageo become too expensive? Nick Train doesn’t think so Read More | View Original Article
Ex-financial adviser gets probation for muni bid-rigging
Martin Kanefsky, who was the chief of the now-defunct Kane Capital Strategies Inc, pleaded guilty in April 2010 to fraud and conspiracy charges related to his role in manipulating bids by others from 1999 to 2006.. Among those convicted were bankers who worked at General Electric Co, UBS AG, JPMorgan Chase& Co. Read More | View Original Article
Easy money QE party will leave a hangover
The rally of equities is being fuelled by the Federal Reserve’s easy money policy while downplaying the basics that must underpin financial markets Read More | View Original Article
Weekly Forex Market Followup (May 13th – May 17th 2013)
By Michael Trinkle, ForexTraders Key Fundamental Forex Events for the Week of May 13th through May 17th The following table lists the key economic data and other events that came out during the week of May 13th through May 17th, with release times displayed for the GMT time zone. The list also indicates how much each release deviated from the market consensus forecast upon release, as well as what the affected major currency pair or pairs did after each event or set of events. Read More | View Original Article
At least 20 killed in eastern DRC mine collapse
Local officials are attempting to recover bodies still believed buried at the mine near the village of Rubaye in North Kivu province. Read more…. Read More | View Original Article
Steinmetz seeks Tony Blair’s help to free detained Guinea staff
Beny Steinmetz’s mining company, BSG Resources, has called on former British PM Tony Blair to help secure the release of two employees arrested in Guinea. Read more…. Read More | View Original Article
Vale cuts Mozambique coal export target by 30%
Vale has cut the 2013 export target for its Moatize coal mine by nearly a third after heavy floods temporarily shut a railway export line it uses. Read more…. Read More | View Original Article
Mine union threatens to bring South Africa to a ‘standstill’
Joseph Mathunjwa, head of AMCU, says the African National Congress is ignoring violence against its members in the Rustenburg platinum belt. Read more…. Read More | View Original Article
Gold falls for 7th straight session as Fed comments lift dollar
The gold price for a 7th straight session on Friday after comments from a Federal Reserve official that the bank may soon rein in monetary easing lifted the dollar. Read more…. Read More | View Original Article
Why is SA importing tons of gold from the US?
Data from the US Census Bureau was analysed and showed that the trade balance of South Africa with the US has changed drastically in the last couple of months. Read more…. Read More | View Original Article
Rinehart urges Australia to take lessons from Singapore
Gina Rinehart told a mining conference in Melbourne on Thursday that Australia could learn from the successful economic policies of Lee Kuan Yew, who transformed Singapore. Read more…. Read More | View Original Article
Anti-gold campaign at play in India?
The Indian government’s measure to discredit gold is just a desperate attempt, not bought by savvy Indian investors. Read more…. Read More | View Original Article
The Market Ticker – But But BlackBerry Was Dead?!
By Karl Denninger, The Market Ticker The worm turns…. Read More | View Original Article
Sprint In A Panic Over Losing Vote Has Clearwire Working The Phones
Well only those folks in Kansas seem to think they are going to win the minority shareholder vote over the terrible low ball offer Sprint has made for Clearwire. But then again, maybe they don't believe it either and that's why they are working the phones so desparately this week . Read More | View Original Article
Death toll rises to 5 in Freeport Indonesia tunnel collapse, dozens still trapped
Rescuers have been working around the clock for two days to rescue and recover Freeport Indonesia employees and contract workers trapped in a classroom after a mine tunnel collapse. Read more…. Read More | View Original Article
TREASURIES-Prices dip after consumer data; yields range bound
*U.S. consumer sentiment jumps to highest in almost six years. NEW YORK, May 17- Prices for U.S. Combined with better-than-expected retail sales figures on Monday, "you could probably say maybe the consumer is in a little better shape than we were thinking," said Steve Van Order, fixed income strategist at Calvert Investments in Bethesda, Maryland. Read More | View Original Article
The Many Faces Behind Facebook
Henry Blodget, Business Insider CEO & editor-in-chief; and Steve Bertoni, Forbes associate editor, discuss how the social networking company has grown up in the past twelve months. Read More | View Original Article
Doll: Market Forces Still Point Higher
Bob Doll, Nuveen Asset Management, tells "Squawk Box" why he thinks the stock market rally isn't running out of steam. (5:07) Read More | View Original Article
