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OCBC US, China Merchants Bank, BOSC Launch $ Bonds; Chinese Government Bonds Likely To Be Included In WGBI Later This Month, Triggering Huge Inflows

OCBC US, China Merchants Bank, BOSC Launch $ Bonds; Chinese Government Bonds Likely To Be Included In WGBI Later This Month, Triggering Huge Inflows

WallStreet continues the rally with encouraging economic data and progress in the US fiscal stimulus talks making major indices hit new records. The US ISM manufacturing index for August rose to 56 from 54.2 which was larger than expected. Nasdaq continues to...
StanChart, BP, China National Bluestar Launch $ Bonds; DPW Downgraded; Softbank Plans to Sell T-Mobile Stake

StanChart, BP, China National Bluestar Launch $ Bonds; DPW Downgraded; Softbank Plans to Sell T-Mobile Stake

Markets rallied taking comfort from the Fed’s determined monetary and fiscal support and a record increase in the US May retail sales number which rebounded 17% vs an expected 8% increase. A new coronavirus drug with encouraging trial results also calmed fears...
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