Mr. Luis de Guindos, Vice-President of the European Central Bank (ECB), said on Wednesday, 29 May, 2019 that Italy can get a lower credit burden on its loans if it clearly provides a more balanced state budget and complies with EU fiscal rules. In response to the possible solution...
During the US President Donald Trump's visit to Japan, Asian financial markets saw a rise in prices, especially in the stock market, as well as the strengthening of the Japanese yen (JPY) against the US dollar (USD). This market sentiment was caused by the prospect of a trade agreement...
So far the new business week has seen an increased interest from commodity market investors in the crude oil. The price of oil has risen after relations between Iran and the US have deteriorated. During the European trading morning on May 20, 2019, at 10:44 CET, WTI crude oil...
The US National Institute of Health (NIH) has advised to use Truvada from Gilead Sciences, Inc. (NASDAQ-GILD) as a possible prevention against HIV for people who are at high risk contracting the virus. The American Health Organization claims to have found a "substantial contribution" in preventing this disease. Having...
The new trading week, which is the 20th one in 2019 started with the resumption of a trade war between the US and China. On Friday, 10 June 2019 the US introduced increased tariffs on Chinese goods to the United States from 10% to 25%. During the European trading...
The rate development of the US dollar against other world currencies has been very volatile, especially after the Wednesday, 7 June 2019 assembly in Florida, following US President Donald Trump's statement on US-China trade talks. Mr. Trump said China "broke the deal" in the ongoing trade negotiations between Beijing...

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Pimco Income Fund, run by Dan Ivascyn, whipsawed by big bond rally

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