BOND REPORT: Treasury Yields Climb On Carney's Rate-hike Signal

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Ben Eisen, MarketWatch

NEW YORK (MarketWatch) -- The Treasury prices most sensitive to Federal Reserve monetary policy sank on Friday, putting the 3-year yield on track for its highest close since September.

The 3-year note (3_YEAR) yield, which rises as ...

Oil Futures Continue to Rise on Iraq Turmoil

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Nicole Friedman

NEW YORK--Oil markets rallied for a third straight session as Sunni militants continued their advance toward Baghdad, fueling fears that Iraq's ample oil production could be threatened.

Light, sweet crude for July delivery rose as high ...

Poland's May CPI Falls Unexpectedly

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Patryk Wasilewski

WARSAW--Poland's consumer price index unexpectedly fell in May to its lowest in decades, stoking expectations the country's central bank will lower borrowing costs this year despite earlier assurances it was done with rate cuts.

Against ...

Ukraine Proposes Interim Price for Russian Gas

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

MOSCOW--Ukraine is ready to repay $1.9 billion in outstanding debt to Russia for natural gas deliveries if Moscow and Kiev agree on an interim gas price of $326 per 1,000 cubic meters, the head of Ukrainian gas monopoly ...

Polish May CPI Slows to +0.2% on Year, Below Expectations

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Patryk Wasilewski

WARSAW--Poland's annual inflation rate fell to 0.2% in May, surprising on the downside once again and coming in well below the central bank's official 2.5% target, data from the country's statistics office ...

German Students Snub Vocational Schools

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Andrea Thomas

BERLIN--Forget the strong euro or competition from Asia. German industry's main concern today isn't selling its products but finding the people to make them.

The country's 200-year-old two-tier education system, credited for building one ...

Detroit Reaches Settlement With Some Bondholders

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

DETROIT--The city of Detroit has reached a settlement with another group of bondholders, likely reducing the number of creditors to oppose the city's bankruptcy plan at a trial scheduled for this summer.

Terms of the settlement weren't immediately ...

Mexico's Stocks Close Lower, Peso Weakens Against Dollar

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Anthony Harrup

MEXICO CITY--Mexico's stocks closed lower for a third consecutive session Friday as investors continued to book profits from the market's recent climb to its highest close in more than a year.

The IPC index of ...

BOJ Stands Pat, Raises Overseas Economy View

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

TOKYO--The Bank of Japan raised its view on overseas economies Friday, setting the stage for a future pickup in exports that the central bank has long hoped for to make the country's economic recovery sustainable.

As was widely expected ...

Sterling Surges After BOE's Carney Signals Rate Hike

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Josie Cox

Sterling surged against a basket of currencies Friday, buoyed by the clearest signal yet that Britain's central bank is inching closer to ending five years of record-low borrowing costs.

The euro was trading around a 19-month ...

Sweden May Unemployment 413,000

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

The following is a press release from Statistiska Centralbyran, or SCB, the Sweden central government authority for official statistics.

STOCKHOLM--Overall, LFS in May 2014 indicates an improved labour market situation, primarily by a stronger increase of the number of employed ...

U.S. Stock Futures Hold Losses

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Tomi Kilgore

U.S. stock futures held slight losses, though the release of data showing wholesale inflation declined unexpectedly.

About 55 minutes ahead of the open, Dow Jones Industrial Average futures fell 24 points, or 0.1%, to 16654 ...

BOND REPORT: Treasury Yields Jump On Carney's Rate-hike Signals

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Ben Eisen, MarketWatch

NEW YORK (MarketWatch) -- The Treasury prices most sensitive to Federal Reserve monetary policy sank on Friday, putting the 3-year yield on track for its highest close in over three years.

The 3-year note (3_YEAR) yield, which ...

U.S. Consumer Sentiment Falls Below Expectations

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

U.S. consumers remained uncertain about the economy at the start of June, according to one survey of households released Friday.

The Thomson-Reuters/University of Michigan preliminary June sentiment index unexpectedly slipped to 81.2 from a final-May reading of ...

Canada Factory Sales Slip Unexpectedly in April

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

Nirmala Menon

OTTAWA--The value of Canadian factory sales fell unexpectedly in April dragged by the largest decline in the petroleum and coal product industry in a year due to refinery shutdowns, and lower receipts in the aerospace and machinery industries ...

Key Dollar, Sterling Borrowing Rates Rise, Euro Rates Fall

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Gary Stride

The cost of borrowing dollars and sterling for three months in the London interbank market rose Friday, while the cost of borrowing euros continued to fall.

Data from the Intercontinental Exchange Group, or ICE, showed the three-month ...

Detroit Reaches Bankruptcy Settlement With Some Bondholders

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By Matthew Dolan

DETROIT--The city of Detroit has reached a settlement with another group of bondholders, likely reducing the number of creditors to oppose the city's bankruptcy plan at a trial scheduled for this summer.

Terms of the settlement ...

British Pound Extends Gains on Carney Comments

TODAY: Oct. 1, 2014 PUB DATE: June 13, 2014

By James Ramage

The British pound continued to advance against major currencies Friday, one day after Bank of England Gov. Mark Carney said interest rates in the U.K. could rise sooner than expected.

Sterling climbed 0.2% to $1 ...