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 2, 2020 | Corporates, Credit Ratings, Distressed / Defaulted Bonds, Financial News, Global, Global, High Yield Bonds, Interest Rate Trends, Investment Grade Bonds, Sovereigns, U.S. Federal Reserve Bank, U.S. Treasury Yield
Sentiment picks up as positive news about an early vaccine trial along with good economic data sent Wall Street higher. Nasdaq hit a new record. US ISM manufacturing data came in better than expected and rose to 52.6 in June from 43.1 in May. China’s Caixin PMI...
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 26, 2020 | Banks, Corporates, Credit Ratings, Distressed / Defaulted Bonds, Global, High Yield Bonds, Investment Grade Bonds
Markets get choppy as central banks continue to lock horns with the coronavirus. More stimulus measures gave some relief and western markets reversed almost half the losses from Wednesday’s session. The late rally also reversed earlier losses in the day of...
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...
