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The dollar index fell 0.04%, with the euro up 0.04% to $1.1263 1950’s swank cufflinks. The Japanese yen strengthened 0.32% versus the greenback at 111.14 per dollar. U.S. Treasury yields slid, pressured by concerns about the IMF’s global economic outlook for 2019 as well as a round of headlines on Britain’s messy departure from the EU. In Europe, government borrowing costs in southern countries hit fresh lows, pushed down by hopes that this week’s European Central Bank meeting will reinforce expectations for supportive policy measures in the months ahead..
Portugal’s 10-year government bond yield fell to 1.195%, a 25-year low. Benchmark U.S 1950’s swank cufflinks. 10-year Treasury notes rose 5/32 in price to push yields down to 2.4989%. Oil fell from a five-month high above $71 a barrel after Russia signaled a possible easing of a supply-cutting deal with the Organization of the Petroleum Exporting Countries. Brent, the global benchmark, rose to $71.34 a barrel, the highest since November, but later settled down 49 cents at $70.61 per barrel. U.S. crude also hit a November high of $64.79, but settled down 42 cents at $63.98..
OTTAWA (Reuters) – Canada is looking at ways to boost the effectiveness of its retaliatory tariffs against the United States, Foreign Minister Chrystia Freeland said on Tuesday, but did not address remarks by a senior official who revealed what Ottawa might do. Canada imposed tariffs on C$16.6 billion ($12.5 billion)worth of U.S. exports in May 2018 after Washington slapped punitive measures on exports of Canadian steel and aluminum 1950’s swank cufflinks. The initial Canadian list included orange juice, maple syrup, whiskey, toilet paper and a wide variety of other products..
“We are certainly constantly looking at ways to refresh the retaliation list .. to have an even greater impact,” Freeland told reporters 1950’s swank cufflinks. David MacNaughton, Canada’s ambassador to Washington, told U.S. agricultural reporters on Monday that Canada could announce a new list of targets as soon as next week, the Progressive Reporter and Politico websites reported. The retaliation would include a significant number of agricultural products, possibly including apples, pork, ethanol and wine, they quoted the envoy as saying..
ZURICH (Reuters) – Shareholders of Swiss bank UBS Group should oppose its compensation report for 2018, proxy adviser Glass Lewis said, citing “pay-for-performance concern” 1950’s swank cufflinks. Shareholders get a non-binding vote on pay policy at the bank’s annual meeting on May 2. Glass Lewis said that while UBS had improved earnings last year, some financial indicators including earnings per share and return on equity lagged those of its Swiss and European peers. “We are currently troubled by the significant fines the company is facing in Europe, particularly in France, as a result of money laundering litigations,” it added..