Need to Know: Private credit
This episode of Need to Know defines private credit as an asset class and discusses what sets it apart for investors.
Ford Investors Impatient for Automaker to Boost Efficiency Efforts
DETROIT, Oct 30 Reuters Ford Motor stock has tumbled about 8 so far this week after the company faltered on CEO Jim Farley39;s mission to improve efficiency in its traditional gasolineengine operations, whose profits the company needs to fund its expensive electric vehicle plans. Quality and warranty problems, supplier issues and waste in the automaker39;s 121year […]
Record Passenger Traffic Lifts Spanish Airport Operator Aenas Profit
MADRID, Oct 30 Reuters Spanish airport operator Aena said on Wednesday its net profit in the first nine months of the year rose 27 from the same period last year as the postpandemic travel boom pushed passenger traffic to new records. Aena booked a net profit of 1.44 billion euros 1.56 billion out of revenues rising […]
Ferrovials Q3 Core Profit Up 36 on Higher Motorway Traffic
MADRID, Oct 30 Reuters Spanish construction giant Ferrovial on Tuesday said its core thirdquarter profit rose 36 to 400 million euros 433 million as investments in toll road concessions in North America continued to pay off. Ferrovial39;s core profit for the quarter was slightly above the average analysts39; expectation of 389 million euros, according to data […]
Japans Life Insurers Set to Buy JGBs in OctMarch, Weigh Risk Returns
TOKYO, Oct 30 Reuters Japan39;s major life insurers are expected to continue purchasing Japanese government bonds JGBs into the second half of the fiscal year, but the pace and extent of these purchases will vary as firms strive to balance risk and return. Life insurance companies, some of the country39;s largest institutional investors, have long […]
Oil Rises as Sources say OPEC may Delay Planned Dec Oil Output Increase
Brent, WTI climb more than 2 OPEC could delay planned December oil output hike, sources say Oct 30 Reuters Oil prices rose more than 2 on Wednesday, after Reuters reported OPEC could delay a planned oil production increase scheduled to take effect in December by a month or more, due to concerns about soft oil demand and […]
Londons FTSE 100 Falls as GSK Warns on Vaccine Sales; UK Budget in Focus
GSK falls on slashing annual vaccines forecast Glencore rises after reiterating FY guidance BAE Systems slips after fire at UK nuclear submarine yard Budget at 1230 GMT FTSE 100 down 0.5, FTSE 250 flat Oct 30 Reuters The UK39;s benchmark FTSE 100 index fell on Wednesday, dragged by healthcare shares after GSK warned of lower […]
Investors Take Cover in Asia ahead of US Election
Japan, Hong Kong shares seen facing tariff risk Yen slides as investors bet on strong dollar Dry powder can drive sharp moves postelection HONG KONGSINGAPORE, Oct 30 Reuters Investors are selling yen and taking shelter in cash, India, pockets of China39;s markets and Singapore dollars ahead of a U.S. election that could shake out global […]
Expert Technical Fundamental Insights 30.10.2024
EURUSD Big day ahead for EUR traders EZ policy makers who are waiting for EZ GDP German inflation numbers as well. EURUSD was little changed today, trading at 1.0816 amid tight volatility for the last few sessions. Inflation in Germany is expected to increase to 1.8 from 1.6, if that happens, thats not going to […]
Currency Volatility Surges before U.S. Election
LONDON, Oct 30 Reuters Gauges of expected volatility in currencies jumped on Wednesday as investors braced for the U.S. presidential election, which could result in big changes to economic policy and swings in the dollar. Singleweek implied volatility in the eurodollar currency pair surged to its highest level since March 2023, when the U.S. was […]