macro
James Byra, Managing Director, Finance and Investments, First Nations Finance Authority and Michael Fedchyshyn, CEO, Building Ontario Fund, discuss financing structures to expand Indigenous participation and ownership in major projects, close capital gaps and support long-term economic growth, with
A senior Bank of Canada official said the central bank’s rate-setting body is in a “dilemma” and having spirited discussions about how to balance the impact of the trade war against the inflation effects of high energy prices.
Anders Persson, fixed income CIO at Nuveen, sees “sort of a toxic mix here that’s pushing yields higher and higher” and says his firm is moving more neutral at this point and is “not quite comfortable going long duration yet.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
automated-news
Dollar firms near two-month peak as oil, US yields rise; jobs data looms Reuters
ECB amends monetary policy implementation guidelines as part of regular review
A Boeing Co. 787 aircraft operated by Vietnam Airlines JSC had its brakes activated twice while barreling down the runway at Munich Airport last month, leading to a perilously late takeoff and the plane’s tail striking the ground, a report found.
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UK police release five on bail after arrests at airbase Reuters
Bond investors got a respite in early Asian trading from a bruising selloff after surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Asian stocks fell.
South Korea’s remarkable economic boom can run for a while yet, if the central bank has any say in the matter. Officials do have their work cut out managing the spillovers, but restraint may prove to be the most courageous course of action.
automated-news
UK examines foreign state involvement in suspected airbase plot, releases suspects Reuters