Industrial Output Falls in Japan
The Nikkei took a hit on pessimism over potential Q3 contraction in Japan. Even the possibility of a deal to revive Sharp and the planned IPO of Japan Airlines were not enough to make investors optimistic.
Japan Cuts Economic Assessment
The Japanese government has cut its economic assessment for the first time since October 2011, saying the country’s economy could be in for additional risk if the global economy slows further.
Follow the Money: Where Did Funds Flow in Q2?
In addition to bonds, a select group of equity funds experienced inflows in the March-June period, EPFR Global says.
Growth, Fiscal Union May Emerge from Eurozone Crisis
With the outcome of Sunday’s coming election in Greece casting shadows over the eurozone, leaders in the European Union are turning from austerity to growth and investigating the possibility of a closer fiscal union.
Greek Woes Spread
Repercussions from Greece’s financial troubles are affecting countries far from the Mediterranean.
PIMCO’s Gross: Focus on Short-Term Securities, QE3 Is Coming
The bond king says real assets and commodities should occupy an increasing percentage of portfolios.
BOJ Boosts Stimulus, but Markets Unconvinced
Despite actions taken by the BOJ to boost asset-buying by an additional 10 trillion yen ($124 billion), and a pledge to buy longer-term government bonds, markets shrugged off the move and chalked it up to pandering to political pressure rather than a genuine effort to combat deflation.
Global Bond Market Suffers From Too Much Central Bank Control: Thornburg
Global central banks' determination to keep interest rates low has forced investors to put money into risky securities, Thornburg's fixed-income portfolio managers warn.
BOJ Could Expand Stimulus
The Bank of Japan (BOJ) might boost stimulus in the wake of a vote by the upper house of Parliament to block a nominee to its board and a call by lawmakers for a more “proactive” monetary policy.
Bonds Still Going Strong; Equity Flows Bounce Back
Bond inflows just set a weekly record at close to $7.6 billion, despite signs that some fixed-income returns are faltering, EPFR Global said Monday.