by bondevalue | Jun 10, 2020 | Asian Dollar Bonds, China, Corporates, Credit Ratings, Financial News, Global, Global, Hong Kong, India, India, Sovereigns
The rally in markets cooled off overnight over concerns that the move could have overshot economic prospects as well as some profit taking. Tuesday also saw German figures that pointed to the biggest collapse in exports from Europe’s largest economy on record in...
by bondevalue | Jun 8, 2020 | Asian Dollar Bonds, China, Corporates, Financial News, Global, Global, Hong Kong, Interest Rate Trends, Sovereign Bonds, Sovereigns, U.S. Federal Reserve Bank, U.S. Treasury Yield
31% of dollar bonds in our universe are trading higher today vs. the start of the year (full story below). Friday’s Non-Farm Payroll (NFP) number of +2.5mn vs. an expected -7.5mn gave a 10mn upside surprise that caused a sharp rally in equity markets and...
by bondevalue | Jun 4, 2020 | Asian Dollar Bonds, Corporates, Financial News, Global, Global, Sovereigns, U.S. Federal Reserve Bank
Markets continue their rally overnight as expectations of a safe reopening are bolstered. US private sector jobs declined by 2.76mn, far lower than the expected 9mn number. Although not as accurate, this number bodes well for Friday’s Non Farm Payroll and...
by bondevalue | Jun 3, 2020 | Asian Dollar Bonds, Corporates, Credit Ratings, Financial News, Global, India, Interest Rate Trends, Sovereign Bonds, Sovereigns
Rallying technology, industrial and financial stocks led the way as global stocks advanced for another day. Wall Street is focused on the prospects of economic recovery as lockdown restrictions are relaxed. German auto stocks found a strong bid as the government...
by bondevalue | May 29, 2020 | Corporates, Credit Ratings
Markets in Asia are opening with a negative tone this morning after a late reversal of earlier gains on Wall Street. The main indices had started the day extending earlier gains of the week, but trade tensions between US and China along with an executive order to...
by bondevalue | May 27, 2020 | Corporates, Credit Ratings
Asian markets open with a strong positive tone after overnight gains seen across European equity exchanges and US index futures. The moves were primarily driven by economies reopening as hopes for a speedy recovery spread. It was also helped by a higher than expected...