-
1 week ago | 
ca.finance.yahoo.com | Alice Atkins |David Finnerty |Michael Msika
(Bloomberg) -- A rally in the pound fizzled out and UK stocks saw tentative gains after reports that US President Donald Trump is expected to announce a trade pact with Britain later Thursday. • None The Battle Over the Fate of Detroit’s Renaissance Center• None Is Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic? Sterling gave up early momentum to slip against the dollar and euro, as investors waited for details given the potentially limited nature of the agreement.
-
1 week ago | 
bloomberg.com | Alice Atkins |Michael Msika
Stock price information displayed on a board at the London Stock Exchange Group Plc office atrium in the City of London, UK, on Friday, April 25, 2025. The FTSE 100 ultimately rallied to a small gain by the close yesterday, meaning it has risen for nine sessions in a row -- its best run since December 2019.
-
1 week ago | 
bloomberg.com | Alice Atkins |Alice Gledhill
A Bank of America branch in New York. (Bloomberg) -- Bank of America Corp.’s head of EMEA markets says the recent surge of interest in Europe isn’t necessarily the start of a long-lasting, structural shift. The division posted 23% revenue growth in the first quarter, its best start to the year on record. But there’s too little evidence to back up the popular narrative that a vast, permanent shift of capital from the US to Europe is already underway, according to Brian Weinstein.
-
2 weeks ago | 
bloomberg.com | Alice Atkins |Margaryta Kirakosian
Have a confidential tip for our reporters? Before it’s here, it’s on the
-
2 weeks ago | 
bloomberg.com | Alice Atkins |Margaryta Kirakosian
Flags of the European Union (EU) outside the headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Thursday, April 17, 2025. European Union countries have been at pains to show a united front in the face of Trump’s broadsides. (Bloomberg) -- The European Central Bank will pivot to start considering an interest-rate hike by the end of this year, according to Franklin Templeton, as the region’s defense spending is likely to heat up the economy.
-
2 weeks ago | 
bloomberg.com | Alice Atkins |Guy Johnson
Have a confidential tip for our reporters? Before it’s here, it’s on the
-
2 weeks ago | 
bloomberg.com | Alice Atkins |Guy Johnson
The US Treasury building in Washington, DC. (Bloomberg) -- JPMorgan Asset Management says US Treasuries have more potential for gains than European government bonds because traders are underpricing the extent to which the Federal Reserve will reduce interest rates compared with the European Central Bank. President Donald Trump’s tariffs are more likely to hurt growth than spur inflation, said Myles Bradshaw, the firm’s head of global aggregate strategies on Bloomberg TV.
-
3 weeks ago | 
bloomberg.com | Alice Atkins |Liz McCormick
The US Treasury building in Washington, DC. (Bloomberg) -- Investors typically flock to US Treasury bonds as a haven from gyrations in financial markets. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut. Yet something unusual happened in early April amid the chaos unleashed by President Donald Trump’s imposition of “reciprocal” tariffs.
-
3 weeks ago | 
nationalmortgagenews.com | Alice Atkins |Francine Lacqua
Pacific Investment Management Co. is starting to see opportunity in Treasuries after a selloff spurred by concerns over US President Donald Trump's policies. Markets are focusing on the risk that "foreigners might reduce allocation to US holdings but not assigning as much probability to a scenario that growth will be weak," Mohit Mittal, Pimco's chief investment officer for core strategies, said in a Bloomberg TV interview.
-
3 weeks ago | 
bloomberg.com | Alice Atkins |Francine Lacqua
Mohit Mittal(Bloomberg) -- Pacific Investment Management Co. is starting to see opportunity in Treasuries after a selloff spurred by concerns over US President Donald Trump’s policies. Markets are focusing on the risk that “foreigners might reduce allocation to US holdings but not assigning as much probability to a scenario that growth will be weak,” Mohit Mittal, Pimco’s chief investment officer for core strategies, said in a Bloomberg TV interview.
