US equities’ 3Q curse could get reversed by a Fed rate cut
Stocks have fallen under the typical 3Q curse, though a near-term bounce appears increasingly likely.
Private credit managers are helping banks keep risky clients
In the market for private credit, managers are increasingly partnering with banks to help them maintain lucrative contracts with risky oil, gas and coal clients.
Private credit braces for lower rates — and lower returns
The Federal Reserve’s widely expected pivot to lower interest rates next month is creating a conundrum for one of the biggest winners of the high-rate era: private credit.
ETFs are bringing crypto into mainstream faster than expected
The ETF industry is helping to propel cryptocurrencies into the mainstream in 2024, as evidenced by crypto’s growing relevance in election campaigns.
Asset managers must invest in private markets now, Bain says
A wide variety of asset managers need to look at investing in private markets if they want to avoid wipe-out, while revamping their entire strategies to ride the wave, according to Bain & Co.
Factor data & backtesting rise as AI transforms credit investing
Beyond the AI stock frenzy, credit investors are adapting to AI and integrating growing volumes of financial factor data into their research.
Climate stocks storm past S&P 500
Companies in BI’s Prepare and Repair theme group — focused on meeting different needs of the $500 billion-plus US climate economy — have continued to beat the market-cap-weighted S&P 500 this year.
UK Manufacturing PMI hits 52.5, USDJPY gains 0.74 with 107.9 pips; Focus on Powells speech
Previous Trading Days Events 22.08.2024 France PMI Frances Manufacturing PMI dropped to 42.1 in August from 44 in July, below expectations of 44.4, marking 19 months of contraction. France Services PMI surged to 55.0, up from 50.1, exceeding forecasts of 50.3. Germany PMI Germanys Manufacturing PMI fell to 42.1 in August from 43.2, […]
Gold Holds Ground on September US RateCut Expectations
Peru39;s gold exports to India expected to surge 36 in 2024 Odds of 25 bps rate cut in Sept at 62 CME FedWatch Aug 26 Reuters Gold prices held ground on Monday, buoyed by a weaker dollar and Treasury yields after U.S. Federal Reserve Chair Jerome Powell39;s dovish remarks cemented expectations for a September rate […]
Dollar Sinks vs Yen, Hovers near 212Year Low to Sterling on Dovish Fed Shift
TOKYO, Aug 26 Reuters The dollar sank to a threeweek trough against the yen on Monday as Federal Reserve Chair Jerome Powell39;s emphatic dovish shift contrasted sharply with Bank of Japan chief Kazuo Ueda39;s steadfastly hawkish tone. The U.S. currency hovered near its lowest in 13 months against the euro, and sagged closer to levels last seen in […]