by bondevalue | Aug 17, 2020 | High Yield Bonds, India, Macroeconomic news, Sovereign Bonds
Markets seem to lack any impetus this morning with a flat close on Wall Street on Friday and little news over the weekend. US retail sales rose 1.2% last month, but soft Chinese retail sales and industrial output numbers weakened sentiment. US-China tensions are also...
by bondevalue | Aug 6, 2020 | Global, High Yield Bonds, India, Investment Grade Bonds
Another positive session overnight on Wall Street as solid earnings and hopes of the new Covid-19 stimulus package from US lawmakers improves sentiment. Data was mixed with only a slight increase in US ISM services index and a disappointing ADP employment report that...
by bondevalue | Jul 23, 2020 | European Central Bank, High Yield Bonds, India, Macroeconomic news
Tensions between US and China increase as the US demands closure of China’s consulate in Houston and dented risk sentiment in the markets. Wall Street saw a choppy session ending higher but European shares retreated after the rally from the recent Covid-19...
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 | 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 22, 2020 | Asian Dollar Bonds, Banks, Corporates, Credit Ratings, Global, Global, High Yield Bonds, India, Macroeconomic news, Sovereigns
US Markets reversed earlier gains for the day and ended lower on Friday after Apple announced it was again closing stores in states with rising coronavirus cases. Recent rises in cases from the US, China, Australia and Brazil have stoked fears of another blow to the...