Greenland & Goodman HK Launch $ Bonds; Op-ed on Negative Rates; Reliance Asks Future Group Lenders to Take Haircut
Choppy session on Wall Street that ended with a strong positive finish as news about a promising result of Moderna’s coronavirus vaccine hit the wires. The company will proceed with large scale human testing after antibodies were found in all 45 participants of...
NFP for June at a Record High of +4.8mn; US Junk Bond Funds Witness Big Outflows; SAIC to Buy Stake in CAR Inc
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...
Q2 Sees 81% of $ Bonds Trade Higher, MTM Gain of $226bn, Record Global Issuance of $646bn
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...
Socgen & Weibo Launch $ Bonds; Takeda Raises $11bn via Jumbo Bond Sale
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...
