Global IPO Revival Lags Q1 Share Sales as Markets Rally

Equity share sales in Q1 reach highest level since 2021 IPO volumes in Q1 flat on same period last year Bankers hopeful of IPO revival this year LONDONNEW YORK, March 27 Reuters Dealmaking in global equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks rallied, but […]
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GBP Steadies; Survey Shows Businesses Trim Hiring, Pay Plans

LONDON, March 27 Reuters Sterling steadied on Wednesday after a survey showed British businesses trimmed back plans for staffing and wage increases this month, with the Bank of England watching for signs of inflation pressures abating enough for it to cut interest rates. The Lloyds Bank Business Barometer39;s measure of staffing plans or the gap between […]
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US Durable Good Orders Grew more than Expected, US Consumer Confidence Stable, USD Strengthened, US Indices Saw Downside

Previous Trading Days Events 26.03.2024 U.S. manufactured goods orders increased more than expected in February. The rebound in durable goods orders recouped some of Januarys sharp losses. The data suggest that business equipment investment is beginning to recover, and with corporate bond yields likely to fall a little further over the coming months while manufacturing […]
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Japans Yen Hits 34Year Low, Sparking Intervention Warnings

NEW YORKLONDON, March 27 Reuters The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan39;s top monetary officials met to discuss the rapidly weakening currency and suggested they were ready to intervene. The dollar briefly rose to 151.975 yen , its strongest against the yen since mid1990, and was […]
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Spains EUHarmonised 12Month Inflation Rises to 3.2 in March

March 27 Reuters Spain39;s EuropeanUnion harmonised inflation rose 3.2 in the 12 months through March, up from 2.9 increase in the period through February, preliminary data from the National Statistics Institute INE showed on Wednesday. The 12month harmonised inflation was below the 3.3 expected by analysts polled by Reuters. Core inflation, which strips out volatile […]
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Oil Falls 1 as US Crude Inventories Surge

LONDON, March 27 Reuters Oil prices fell for a second day, dropping more than 1 on Wednesday on surging U.S. stockpiles and signs that the OPEC producer group is unlikely to change its output policy at a technical meeting next week. Brent crude futures for May dropped 97 cents, or 1.12, to 85.28 a barrel […]
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Inside the Buy-Side: Robert Stark

Inside the Buy-Side Robert Stark Head of Investment Management, Americas at Nomura | Chief Executive Officer of Nomura Capital Management Robert is an asset management industry veteran who came to Nomura in April 2022 and was previously Founder and CEO of Alterum Capital Partners. Robert has also held senior management roles for Russell Investments, J.P.…
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US Solar Factories Strike Deal to Produce Made in USA Panels

March 27 Reuters Two small solar manufacturers on Wednesday said they are joining forces to make panels that will enable their customers, U.S. solar project developers, to collect on a lucrative new federal subsidy for Americanmade clean energy equipment. The agreement between Georgiabased solar cell producer Suniva and Canada39;s Heliene, which has panelmaking operations in Minnesota, is […]
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