European Bond Research - July 24, 2019

Posted by Corey Mahoney on Jul 24, 2019 12:31:17 PM
EURO ZONE PMI PLUMMETED IN JULY  as   German manufacturing  hits a seven-year low suggesting   further deterioration within the European economy;   PMI across the Euro Zone fell from 52.6 to 51.4. The   German automotive industry significantly contracted, however, the labor market and household spending remains robust preventing an all-out recession. “ The health of German manufacturing went from bad to worse in July.” FTSE 100 -0.70%,  German DAX +0.39%, CAC 40 +0.18%, STOXX Europe 600  +0.50%. The 10-year  Gilt lost 1.1 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 23, 2019

Posted by Corey Mahoney on Jul 23, 2019 12:41:31 PM
EUROPEAN MARKETS RALLY FOLLOWING a number of   upbeat earnings   propelling  the indices higher on Tuesday.  The DAX gained nearly 2 percent as   German luxury automotive giant Daimler spiked 4.77 percent following an announcement Chinese automotive group BAIC bought a five percent stake in Daimler.    FTSE 100 +0.8%,  German DAX +1.93%,  CAC 40  +1.26%,  STOXX Europe 600  +1.20%.  The   10-year  Gilt dipped 2.4 basis points. 
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 22, 2019

Posted by Corey Mahoney on Jul 22, 2019 12:02:12 PM
EUROPEAN MARKETS INITIALLY EDGED HIGHER as investors await the  critical European Central Bank policy meeting update on Thursday.  The central bank will disclose if they will cut the interest rate or wait until the next meeting in September.  Investors will focus on   Mario Draghi  and how dovish his remarks are gauging the state of the economy.   “Largely European markets are lacking direction and probably shaping up for the ECB meeting this week.”   FTSE 100 +0.04%,  German DAX +0.22%, CAC 40+0.08%,  STOXX Europe 600  +0.02%.  The   10-year  Gilt dipped 1.4 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 18, 2019

Posted by Anna Pickett on Jul 18, 2019 12:00:18 PM
GERMAN SOFTWARE MAKER SAP PLUMMETED MORE THAN 6% after reporting a   21% decline  in second-quarter   operating profit. The European   tech sector was down 2%  and can be attributed to the   residual trade tensions  between the US and China and   disappointing  earnings from   Netflix  on Wednesday.   FTSE  100 -0.44%,   German DAX -0.75%,   CAC 40  -0.24%,   STOXX Europe  600 -0.14%.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 17, 2019

Posted by Corey Mahoney on Jul 17, 2019 12:18:54 PM
EUROPEAN STOCKS WERE SUBDUED ON WEDNESDAY  following a report the ongoing trade dispute between the US and China has a  “long way to go” . In London, house prices   declined at the fastest pace in nearly a decade  during May revealing the impact of Brexit within the real estate market; prices fell 4.4 percent annually. FTSE 100 -0.48%,  German DAX -0.59%,  CAC 40  -0.50%,  STOXX Europe 600  -0.79%. The   10-year  Gilt sank 6.2 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 16, 2019

Posted by Corey Mahoney on Jul 16, 2019 12:04:48 PM
GERMAN ECONOMIC CONFIDENCE   SLUMPED to an eight-month low in July supporting the desire of the market for   additional monetary stimulus. The country is typically a gauge of momentum for the bloc being its largest economy. German chemical giant Bayer  received a boost advancing 1.7 percent following a U.S. judgment   cutting damages awarded  to an individual claiming Roundup caused his cancer. British pound  declines to a 27-month low.  FTSE 100 +0.71%,  German DAX +0.55%,  CAC 40  +0.80%,  STOXX Europe 600  +0.47%. The   10-year  Gilt gained 0.7 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 15, 2019

Posted by Corey Mahoney on Jul 15, 2019 12:11:20 PM
EUROPEAN EQUITIES REBOUND AFTER  weak economic data from China reported the   economy expanded at its slowest pace in 27 years  in the second quarter citing trade tensions and the   absence of domestic economic stimulation.   Contradicting data revealed   industrial output and retail sales exceeded  estimates.    Greece  announced plans to   issue a 7-year bond  with a target of 2.5 billion euros “ subject to market conditions”  FTSE 100 +0.41%,  German DAX +0.55%,  CAC 40  +0.21%,  STOXX Europe 600  +0.32%.  The   10-year  Gilt dipped 4.3 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 12, 2019

Posted by Corey Mahoney on Jul 12, 2019 12:50:26 PM
EURO ZONE INDUSTRIAL PRODUCTION REBOUNDED in May   advancing by 0.9 percent exceeding estimates  a pleasant surprise to many investors. The production of consumer goods drove output higher notably in   France increasing 2.1 percent month-over-month . Despite the expansion in all major economies production is down 0.5 percent from one year prior. “If you look at the industrial production figures for the Eurozone they were better than expected, which is obviously a welcome sign - and in the background you have the Fed as well and we now expect a cut in July.”   FTSE 100 -0.13%, German DAX -0.03%, CAC 40  +0.29%,  STOXX Europe 600  -0.01%. The   10-year  Gilt dipped 0.2 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 11, 2019

Posted by Corey Mahoney on Jul 11, 2019 12:10:24 PM
GERMAN INFLATION TICKED HIGHER moving closer to the   European Central Banks target  coming in at 1.5 percent in June.  Inflation across the euro zone has   lagged behind the ECB’s target  for years; Germany’s data is uplifting for the economy despite the  ECB lowering growth estimates across the bloc.  Crude oil continues to climb amid a   tightening supply and draws from stockpiles globally.   FTSE 100 -0.35%,  German DAX -0.45%,  CAC 40  -0.23%,  STOXX Europe 600  -0.18%.  The   10-year  Gilt advanced 8.1 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European

European Bond Research - July 10, 2019

Posted by Corey Mahoney on Jul 10, 2019 12:10:48 PM
INVESTMENT-GRADE BONDS edged out high yield debt in net prices linked to actual trades. The   UK economy rebounded after contracting 0.4 percent in April   expanding by 0.3 percent in May  lifted by a  jump in auto production.  “While all of this is ultimately   a temporary phenomenon, the   underlying growth story   doesn’t look a whole lot better.”  FTSE 100 -0.01%, German DAX -0.55%, CAC 40-0.10%,  STOXX Europe 600  -0.19%. The   10-year  Gilt rose 0.3 basis points.
Read More

Topics: Analytics, bonds, junk bonds, bond market, corporate bonds, market analytics, New Issues, News, research, EU, market update, European


Are you using AdvantageData?

AdvantageData is your fixed income solution for pricing, analytics, reports, and insight on approximately:

  • 500,000+ U.S. and international corporate bonds
  • Over 6,200+ CDS reference entities
  • Over 22,000+ syndicated loans
  • Over 100 equity markets worldwide
  • One platform 16 products and services from debt to CDS to loans to mid-market
  • Used by top buy and sell-side firms worldwide

Subscribe to Email Updates

Recent Posts