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UPDATE 2-Euro zone bonds calm down as markets focus on Powell


Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices)
AMSTERDAM, March 4 (Reuters) - Euro zone bond yields dipped on Thursday after a global bond sell-off a day earlier that spooked markets, as market attention turned to a speech from Federal Reserve Chairman Jerome Powell due later in the day.
Bets that U.S. stimulus would boost inflation and growth pushed government bonds worldwide to their worst performance in years in February. Central banks so far have appeared relatively sanguine about the rise in bond yields.
Yields are down from their highs this week, but pressure remains. U.S. Treasury yields rose on Wednesday, alongside euro area government bond yields and UK gilts, pushing stock markets and other low-yielding safe assets lower on Thursday. ....

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US stock futures and the dollar fall as Democrats take control of the Senate in tight Georgia runoff elections


US stock futures and the dollar fall as Democrats take control of the Senate in tight Georgia runoff elections
Harry Robertson
The Georgia runoff victories of Jon Ossoff, left, and Raphael Warnock, middle, will boost Joe Biden s presidency
US stock futures fell along with the dollar as investors reacted to two crucial Democrat victories in the Senate in tight Georgia runoff elections
Democrats Raphael Warnock and Jon Ossoff were projected to win their respective Georgia elections for Senate seats, handing their party majority control.
Analysts said US tech companies and their shares could be in for a tougher ride under a blue sweep but said more stimulus could boost the economy. ....

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