Credit froth shows market can withstand higher rates
Record levels of corporate bond issuance at ever-tighter pricing highlight a glut of cash in US credit markets that will only balloon when the Federal Reserve starts easing.
What did you make on private equity? Who knows?!
Cash distributions by the biggest private equity firms to their investors dropped by almost half between 2012 and 2023.
Banks deploy private credit tactics in fight for M&A financing
Traditional lenders are trying everything to win M&A funding deals.
Gold Continues to Shine as FX Markets Await Crucial Japanese Wage Data
[2:55 PM] Richard Snow Teaser: Gold holds above the prior high, hinting at a bullish continuation while FX markets look ahead to crucial Japanese wage data that comes just in time for next week’s BoJ meeting
Stalled CPI progress clouds Fed rate path, modeling inflation
February may have brought another bump in the road toward slower US inflation.
PBOC Set to Leave Key Rate Unchanged on Friday amid Uncertainty around Fed Easing
March 14 Reuters China39;s central bank is expected to leave a key policy rate unchanged when it rolls over maturing mediumterm loans on Friday, a Reuters survey showed, amid uncertainty over the timing of expected Federal Reserve interest rate cuts. Market watchers widely believe Beijing will continue to prioritise the stability of the yuan, despite […]
Pakistan Cenbank Expected to Hold Rates on Monday, Cut in Q2 2024, Poll
KARACHI, March 14 Reuters Pakistan39;s central bank is widely expected to hold its key interest rate at a record 22 for the sixth straight policy meeting on Monday as inflation risks continue to loom, but a majority of analysts expect rate cuts from the second quarter of this year. Monday39;s policy decision would be the […]
Countries Closing in on Digital Currencies, US Lagging, Study
LONDON, March 14 Reuters A total of 134 countries representing 98 of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a closelyfollowed study on Thursday showed. The research by the U.S.based Atlantic Council think tank highlighted that all G20 countries with the exception of […]
Private Credit Ties to Banks Deepen in Europe as Default Risk Rises
Most new European funds use 39;subline39; debt data European regulators seeking insight on bank exposures Private lending may mask corporate distress, sources say LONDON, March 14 Reuters Europe39;s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A record 80 of new […]
Dax and S&P 500 Moving Higher, while Nikkei 225 Pullback Pauses
The Dax has hit a new record high today, and the S&P 500 isn’t too far behind, while the Nikkei 225’s retreat from its peak has paused for now