by bondevalue | Sep 14, 2020 | Global, Investment Grade Bonds, Sovereign Bonds
Mixed session on Friday as a lack of news failed to give any strong direction. Technology stocks suffered for another day with the Nasdaq down 0.6% but the S&P was flattish and DJI inched up 0.48%. European shares ended the session pretty flat. US August CPI came...
by bondevalue | Sep 8, 2020 | European Central Bank, Global, High Yield Bonds, Macroeconomic news, Sovereign Bonds
With the US on holiday due to Labor Day, Asian markets can get support this morning from a sizable rally in the European markets on growing hopes for a coronavirus vaccine and positive economic data. Major European indices broke a three day losing streak and were...
by bondevalue | Sep 3, 2020 | Global, Investment Grade Bonds, Perpetual Bonds, Sovereign Bonds
Despite a disappointing ADP employment report (428,000 vs 950,000 expected), Wall Street continued its rally setting new record highs overnight. Factory orders for August were up 6.4% vs an expected 6% and the Fed’s Beige Book survey revealed a modest increase...
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 7, 2020 | Distressed / Defaulted Bonds, Sovereign Bonds
Wall Street had another positive overnight session as expectations of a deal on the next US stimulus package will be reached soon. Recent economic data has been mixed so investors will be watching out for today’s payrolls number. Nasdaq gained around 1% helped...
by bondevalue | Aug 5, 2020 | Global, High Yield Bonds, Sovereign Bonds
Wall Street saw moderate overnight gains as US lawmakers moved closer to a stimulus deal despite differences between the Democrats and the Republicans. Rallying energy stocks helped give all three major indices a moderate increase. European shares were mixed and long...
