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 21, 2020 | Financial News
Rally in US and European markets continue and Asian stocks are set to open higher today as investors concentrate on economies reopening. The number of newly reported coronavirus cases worldwide hit a daily record this week with more than 100,000 new cases over the...
by bondevalue | May 20, 2020 | Financial News
Rally stalls as markets gave up some of the gains from Monday after hopes quickly faded for a quick approval, production and dissemination of a working coronavirus vaccine. This was triggered by a STAT News report that questioned whether there was enough data on drug...
by bondevalue | May 19, 2020 | Financial News
Asian markets are set to open on a strong risk-on tone as US and European equity and credit markets rallied overnight. Wall Street had its biggest gain in six weeks erasing last week’s losses. The highlight was drugmaker Moderna reporting promising results from...
by bondevalue | May 18, 2020 | Financial News
Markets are opening higher this morning after Wall Street ended last week on a positive note. US Fed Chair Jerome Powell’s interview with CBS’s Scott Pelley aired on 60 Minutes on Sunday. We have summarized the interview below. We will have to wait to see...
