by bondevalue | Jul 13, 2020 | Financial News, Global, High Yield Bonds, Hong Kong, Investment Grade Bonds
Wall Street gained on Friday after positive headlines from Remdesivir, Gilead Sciences’ antiviral drug, which came out claiming to reduce the risk of death and significantly improve conditions of severely ill patients. This comes despite surging cases in the US...
by bondevalue | Jul 7, 2020 | Global, High Yield Bonds, India
Asian markets are opening lower this morning despite a good rally overnight in western markets. Following the strong NFP number last week, the US ISM services index came out yesterday at 57.1 for June compared to 45.4 for May prompting confidence in the economic...
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 | 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...
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...
