by bondevalue | Jul 3, 2020 | Asian Dollar Bonds, China, Corporates, Credit Ratings, Global, Global, High Yield Bonds, Investment Grade Bonds
Stronger than expected US NFP data of 4.8 million in June vs 3 million expected gave a knee-jerk rally for stocks. The unemployment rate also fell to 11.1% from 13.3% last month. The intraday rally was short-lived and reversed much of the gains as many are concerned...
by bondevalue | Jul 1, 2020 | Asian Dollar Bonds, Credit Ratings, Financial News, Global, Global, High Yield Bonds, Investment Grade Bonds
It was the best of quarters, it was the worst of quarters. As Q2 2020 came to a close, many equity markets saw some of their best performances this quarter despite the world being in the midst of a pandemic that has impacted almost every individual, business and...
by bondevalue | Jun 30, 2020 | Asian Dollar Bonds, Corporates, Credit Ratings, Global, Investment Grade Bonds, Southeast Asia
Wall Street rallied overnight despite no positive news except for US pending home sales, which rose by 44.3% month on month. Concerns over the virus still remain, but it looks like the bears in the market are still at bay. The Fed launched its Primary Market Corporate...
by bondevalue | Jun 29, 2020 | Asian Dollar Bonds, Banks, Corporates, Credit Ratings, Distressed / Defaulted Bonds, Global, High Yield Bonds, India, India, Investment Grade Bonds, Macroeconomic news, Sovereigns, U.S. Federal Reserve Bank
As coronavirus cases globally cross the 10 million mark, with more than half a million deaths, markets are now worried about the potential impact of economies not reopening as soon as expected. With more than a quarter of cases globally in the US, and states like...
by bondevalue | Jun 25, 2020 | Asian Dollar Bonds, Corporates, Credit Ratings, Financial News, Global, Investment Grade Bonds, Sovereigns
Overnight markets took a hit across US and Europe as weak sentiment from surging coronavirus cases in several US states dampened hopes for a strong economic recovery. The surge could slow down the easing of lockdown restrictions. The IMF announced revised global GDP...
by bondevalue | Jun 24, 2020 | Asian Dollar Bonds, Corporates, Credit Ratings, Distressed / Defaulted Bonds, Global, Global, High Yield Bonds, Investment Grade Bonds, Sovereign Bonds, Sovereigns
Investors are grappling between upbeat economic data and the surging number of coronavirus cases. Economic data from the US and Europe recovered with IHS Markit’s Eurozone flash PMI at 47.5 from May’s 31.9, US Markit PMI at 49.6 from 39.8 and US home sales...
