Tag Archives: NEWS1

Deutsche Bank tumbles as jittery investors seek safer shores

March 24 (Reuters) – Shares of Germany’s largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector since the 2008 global financial crisis. Wider indicators of financial market stress were also flashing, with the euro …

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Stocks up, bond yields fall as markets mull Fed policy pause

European shares dip as UK, Switzerland and Norway hike rates Dollar stuck near 7-week low after mixed Fed message Oil prices slip in commodity markets LONDON, March 23 (Reuters) – World stock markets rose on Thursday as shares on Wall Street rallied, and Treasury yields fell, after investors took comfort …

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Lower mortgage rates boost US home sales in February

Existing home sales jump 14.5% in February Median house price falls 0.2% to $363,000 from year ago Supply increases 15.3% year-on-year to 980,000 units WASHINGTON, March 21 (Reuters) – U.S. existing home sales rebounded more than expected in February as lower mortgage rates and the first year-on-year decrease in prices …

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Global bank bonds claw back losses as markets rout eases

Europe bank Additional Tier 1 (AT1) bonds up Europe bank shares up 3.6%, set for biggest gain since Oct Cost of insuring banks against debt default falls Invesco’s AT1 Capital Bond ETF up more than 2.5% LONDON/SINGAPORE, March 21 (Reuters) – An uneasy calm descended across battered bank bonds and …

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