Commodities

16/10/2017           10:30 am

  • The U.S. will offer $5 billion of 30-year Treasury Inflation Protected Securities on Thursday, the third and final opportunity to buy them at auction this year. For those concerned that accelerating price growth will erode fixed-income returns, they’re a must-have hedge. 
  • China’s ascension as an economic superstar over the past three-plus decades is out of sync with its heft in global financial markets. But things are starting to change, and investors around the world will feel the difference.
  • BlackRock Inc.’s Indian joint venture is selling the nation’s sovereign bonds, citing accelerating inflation and the prospect of a swelling fiscal deficit.
  • U.S. stocks climbed to record highs and Treasuries rallied after a core inflation reading slowed, adding to evidence that economic growth continues apace without stoking price increases. The dollar pared losses.
  • Some European Central Bank policy makers have identified a limit of just over 2.5 trillion euros ($3 trillion) for the region’s quantitative-easing program under the current rules, according to central-bank officials familiar with the matter.
  • Crude prices started the week on an upbeat note on Monday, following reports that Iraqi troops clashed with Kurdish forces near Kirkuk, raising concern over potential output disruptions in the region.
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