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.

Beyond the AI stock frenzy, credit investors are adapting to AI and integrating growing volumes of financial factor data into their research.

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.

SHANGHAI, Reuters Two Chinese money brokers said that they will ensure anonymity in the bond quotation process, after traders said some in the market had been avoiding state banks as trading counterparts amid fears of regulatory scrutiny over reckless bondbuying. Tullett Prebon SITICO China Ltd and CITIC Central Tanshi said late on Friday that they would […]

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 […]

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 […]

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, […]

Previous Trading Days Events 23.08.2024  BOJ Gov Ueda Speaks Bank of Japan Governor Kazuo Ueda said in his National Diet testimony that the central bank could adjust monetary policy if its economic projections materialize, indicating a willingness to hike rates again. Core Retail Sales mm Retail Sales Ex Autos in Canada saw a bullish shift […]

JOHANNESBURG, Aug 26 Reuters South Africa39;s rand weakened early on Monday, ahead of a slew of local economic data releases this week, which could give hints on the health of the local economy. At 0732 GMT, the rand traded at 17.80 against the dollar , 0.51 weaker than its previous close. The rand, like most […]