Noticias

IG Corps turn to Convertible Bonds to lower financing costs 📍 A market that was generally intended for companies with below-investment-grade ratings is now also opening up to IG issuers. It is the case for convertible bonds, that can be exchanged with common stocks of...

ECB raises interest rates and the Euro keeps falling 📌 On Thursday, the ECB raised interest rates for the tenth time in a row, signaling a shift in strategy toward maintaining rates high in order to keep inflation at bay. While analysts and investors currently...

Apple and Asian suppliers sink on China iPhone restrictions 📌 According to media reports, Beijing instructed central government employees to refrain from using iPhones for official purposes, and state-owned businesses and government agencies were also considering...

Powell's Jackson Hole Speech: Patience Urged Amidst Inflation Concerns 📌 On the previous Friday, Jerome Powell, the Chair of the Federal Reserve, delivered a speech during the annual economic policy conference held in Jackson Hole, Wyoming. The highly awaited address...

Treasury Yields Ease as Jackson Hole Approaches, Pausing the Rally 📌 U.S. Treasury yields experienced upward movement on the longer end of the curve. The yield on the 10-year Treasury note dipped slightly by just over 2 basis points to 4.3063%, offering relief after...

JPMorgan Raises Global High-Yield Default Forecast on China Property Sector Contagion Fears📌JPMorgan has increased its global emerging markets corporate high-yield default prediction due to heightened concerns over contagion stemming from potential default by China's...

Fitch downgrades US Credit Rating due to Economic Concerns 📌Fitch Ratings downgraded the United States' long-term foreign currency issuer default rating from AAA to AA+ due to expected fiscal deterioration, governance erosion, and a growing debt burden. The agency...

Central banks continue to respond to rising inflation with hawkish policies. 📌 As widely anticipated, the Federal Reserve carried out another interest rate increase of 25bps on Wednesday, marking its 11th rate hike in the last 12 meetings. The move brought the...

British Inflation Slows Unexpectedly in June, Easing Pressure on Bank of England📌 British inflation fell by more than expected in June and was at its lowest in more than a year at 7.9%, according to official data that will ease some of the pressure on the Bank of...