Sunday , February 24 2019

News

Fed’s inflation push finally has bond traders wanting to believe

Bloomberg When it comes to inflation, bond traders are finally starting to listen to the Federal Reserve. After trying, and failing, to convince investors the steep drop-off in inflation in the past year was just a short-term blip, the Fed is now winning them over. Since mid-February, the outlook for ...

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Argentina agrees $253mn more in default settlement

NEW YORK / Reuters Argentina settled with additional creditors holding defaulted sovereign bonds for $253 million, Daniel Pollack, the court-appointed mediator in the long-running case, said. The agreements in principle reached late last week with several groups of creditors bring the aggregate amount of settled claims to approximately $8 billion, ...

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Abu Dhabi residential market sees sluggish Q1

Alkesh Sharma / EMIRATES BUSINESS Unaffected by the recurrent economy fluctuations, residential sales market remained largely muted during the first quarter of 2016 in Abu Dhabi. Realtors in the Emirates capital experienced weak appetite for property purchases that was in tandem with overall market sentiment in the region. These startling findings ...

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