Emperor & ABC International Launch $ Bonds; Tencent Music’s Debut Dollar Bond 15x Covered; Fitch Downgrades Bank Muscat
Western markets had a strong rally overnight with Nasdaq and S&P touching new record highs. Gains were led by stocks such as Netflix, SalesForce and Facebook. Sentiment was upbeat as updates on Moderna’s coronavirus drug showed immune responses in young and older...
Tata Motors Downgraded; BoE Ramps Up Purchases by £100bn; ECB Offers Loans to Banks at -1%
Market sentiment is mixed at the end of the week after the US jobless claims report stayed above one million and reduced the hope for a V-shaped recovery. Investors see economic damage as an unavoidable consequence of rising coronavirus cases despite the Trump...
Fund Manager Setting Sights on Higher Rates in Australia
Joining the spew of global central banks that have, in the past week, hiked interest rates or put out statements that they will do so in the near future, the Reserve Bank of Australia is expected to start lifting rates in the second quarter of 2018 by Ellerston...
