Financetime

MARKET

House Republicans to be briefed on tax proposal on Tuesday

U.S. House of Representatives Ways and Means Committee Chairman Kevin Brady said on Monday he expects to outline a new tax proposal for House Republican lawmakers on Tuesday.

MARKET

CANADA FX DEBT-C$ slips with lower oil prices, yields rise

The Canadian dollar fell against the greenback on Monday as concerns about excess oil supply overshadowed worries about growing tensions between the United States and Iran and e...

BONDS

TREASURIES-Yields rise to five-week highs as central banks less accommodative

Benchmark 10-year U.S. Treasury yields rose to their highest in five weeks on Monday as the Federal Reserve was seen as likely to continue raising interest rates despite critici...

BONDS

Mexico says S.Korea seeking associate membership of Pacific Alliance

Mexico's foreign ministry said on Monday that South Korea had initiated the process of seeking associate membership of the Pacific Alliance trade bloc. The ministry said ...

US DOLLAR REPORT

GLOBAL MARKETS-Bond yields rise worldwide on stimulus concerns; earnings loom

Fears that monetary policymakers in the U.S. and Japan will scale back support for the economy sent quivers through debt markets on Monday, while U.S. stocks gained ahead of maj...

BONDS

Mexico sees scope for progress in stalled NAFTA talks this week

There is scope to revive efforts to rework the North American Free Trade Agreement (NAFTA) when trade ministers from Mexico and the United States meet this week, a top Mexican o...

BONDS

TREASURIES-Yields rise to five-week highs on more hawkish central banks

Benchmark 10-year U.S. Treasury yields rose to their highest levels in five weeks on Monday as the Federal Reserve was seen as likely to continue raising interest rates despite ...

BONDS

U.S. home sales sag as prices race to record high

U.S. home sales unexpectedly fell in June, posting their third straight monthly decline as a persistent shortage of properties on the market drove house prices to a record high....

MARKET

Rosneft acknowledges shortcoming in 2016 stake sale funding

A decision to fund the purchase of a stake in Russian oil major Rosneft via loans from European banks was not effective, Rosneft Chief Executive Igor Sechin said, acknowledging ...

MARKET

Greek current account swings to surplus in May, tourism revenues rise

Greece's current account balance swung to a surplus in May compared to the same month a year earlier on the back of improvements in all of its main components, including the ser...