by bondevalue | Nov 20, 2020 | Asian Dollar Bonds, China, Sovereign Bonds
S&P inched 0.4% higher and Nasdaq rose 0.9%. Tesla continues to move higher, up over 20% this week continuing its index inclusion rally. US initial jobless claims for the week ending November 14 rose by 31k to 742k, which was also higher than forecasts showing...
by bondevalue | Oct 20, 2020 | Asian Dollar Bonds, Distressed / Defaulted Bonds, Sovereign Bonds
US stock markets fell yesterday with the S&P down 1.6%. Tech heavyweights like Apple, Amazon and Microsoft were down over 2% each. Netflix is scheduled to report earnings after market close. US House Speaker Pelosi and Treasury Secy. Mnuchin are in constant talks...
by bondevalue | Oct 6, 2020 | Asian Dollar Bonds, Macroeconomic news
S&P rallied over 1.8% led by tech, energy and financial sectors. Nasdaq Composite was up 2.3% with big tech companies up 2-3% while banking and energy were up 1.6% and 3% respectively. US 10Y Treasuries sold-off with yields moving higher by 6bp and the curve bear...
by bondevalue | Jul 15, 2020 | Asian Dollar Bonds, Credit Ratings, Global, Investment Grade Bonds
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...
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...
