EURO ZONE LENDING HELD STEADY IN MAY a relief to many investors
fearing an imminent recessionis upon the bloc.
Corporate lending grew
at an annual rate of 3.9 percent and
household lending
advanced
by 3.3 percent, both expanding at a faster rate than expected. In spite of the positive report, European Central Bank chief Mario Draghi stated
“In the absence of improvement... additional stimulus will be required”
hinting to
Quantitative Easing.
FTSE 100 +1.17%,
German DAX +1.18%,
CAC 40+0.83%,
STOXX Europe 600
+0.86%. The
10-year
Gilt slipped 2.8 basis points.
Read More
Topics:
Analytics,
bonds,
junk bonds,
bond market,
corporate bonds,
market analytics,
New Issues,
News,
research,
EU,
market update,
European
EQUITIES ROSE ON FRIDAY following the nation’s largest banks passing the Federal Reserve’s stress tests. Meanwhile, investors are keeping a watchful eye on the G20 summit in Japan awaiting news of progress toward a resolution to the trade spat. “What investors expect are good talks, no implementation of tariffs right away and a continuation in negotiations.” The 10-year note dipped 1.7 basis points. S&P +0.32%, DOW +0.19, NASDAQ +0.24%.
Read More
Topics:
High Yield,
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
Finance,
Fixed Income,
News,
Syndicated Bonds,
syndicated,
research,
market update
EQUITIES ROSE ON FRIDAY
following the nation’s
largest banks passing the Federal Reserve’s stress tests.
Meanwhile, investors are keeping a watchful eye on
the G20 summit
in Japan awaiting news of
progress toward a resolution
to the trade spat.
“
What investors expect are good talks, no implementation of tariffs right away and a continuation in negotiations.”
The 10-year note dipped 1.7 basis points
. S&P
+0.32%,
DOW +0.19,
NASDAQ
+0.24%.
Read More
Topics:
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
News,
Syndicated Bonds,
syndicated,
research,
market update
CONSUMER CONFIDENCE IN THE UNITED KINGDOM
SLIPPED
in June to minus 13 from a reading of minus 10 in May. Analysts are calling this the new normal,
"While UK consumers continue to remain concerned about the wider economy, over which the woman or man in the street has no control, of greater worry, are the falls in the measures for personal finance,"
FTSE 100 +0.13%,
German DAX +1.06%,
CAC 40
+0.83%,
STOXX Europe 600
+0.63%. The
10-year
Gilt rose 0.5 basis points.
Read More
Topics:
Analytics,
bonds,
junk bonds,
bond market,
corporate bonds,
market analytics,
New Issues,
News,
research,
EU,
market update,
European
FED PRESIDENT MARY DALY of San Francisco believes the time is not right to cut rates, “It’s too early from my perspective to know whether we should use the tool at all and what magnitude of the tool we should apply.” Mortgage rates tumble to 3.73 percent for a 30-year marking a two-and-half year low. Sam Khater Chief Economist at Freddie Mac stated, “While the industrial and trade-related economic data continues to dominate the news, the drop in mortgage rates over the last two months is already being felt in the housing market.” The 10-year note dipped 3.8 basis points. S&P +0.47%, DOW +0.08, NASDAQ +0.77%.
Read More
Topics:
High Yield,
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
Finance,
Fixed Income,
News,
Syndicated Bonds,
syndicated,
research,
market update
FED PRESIDENT MARY DALY
of San Francisco believes the time is not right to cut rates,
“It’s too early from my perspective to know whether we should use the tool at all and what magnitude of the tool we should apply.”
Mortgage rates tumble to 3.73 percent for a 30-year marking a two-and-half year low. Sam Khater Chief Economist at Freddie Mac stated
, “While the industrial and
trade-related economic data continues to dominate the news, the drop in mortgage rates over the last two months is already being felt in the housing market.”
The 10-year note dipped 3.8 basis points
. S&P +0.47%,
DOW +0.08,
NASDAQ +0.77%.
Read More
Topics:
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
News,
Syndicated Bonds,
syndicated,
research,
market update
INVESTMENT-GRADE EUROPEAN DEBT ROSE AGAINST
its high-yielding junk bond counterparts in net prices linked to actual trades. German inflation chimed in at 1.6 percent
remaining subdued, well below the
European Central Bank’s June target of 2 percent. Euro zone economic sentiment fell
to nearly a three year low suggesting the Central Bank will not raise rates this year.
FTSE 100 +0.01%
, German DAX +0.37%
, CAC 40 +0.05%
, STOXX Europe 600 +0.13%
. The 10-year Gilt lost 0.05 basis points.
Read More
Topics:
Analytics,
bonds,
junk bonds,
bond market,
corporate bonds,
market analytics,
New Issues,
News,
research,
EU,
market update,
European
US TREASURY YIELDS SPIKE AS INVESTORS BECOME OPTIMISTIC a trade deal with China is likely to occur following the G20 summit in Japan. The trade spat is blamed for initiating a global growth slowdown and the Fed’s recent dovish tone suggesting aggressive rate cuts. The 10-year note spiked 5.7 basis points. S&P -0.01%, DOW +0.08, NASDAQ +0.41%.
Read More
Topics:
High Yield,
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
Finance,
Fixed Income,
News,
Syndicated Bonds,
syndicated,
research,
market update
US TREASURY YIELDS SPIKE AS INVESTORS BECOME OPTIMISTIC a trade deal with China is likely to occur following the G20 summit in Japan. The trade spat is blamed for
initiating a global growth slowdown and the
Fed’s recent dovish tone suggesting aggressive rate cuts.
The 10-year note spiked 5.7 basis points
. S&P
-0.01%,
DOW +0.08,
NASDAQ
+0.41%.
Read More
Topics:
Investment Grade,
Loans,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
New Issues,
News,
Syndicated Bonds,
syndicated,
research,
market update
EUROPEAN MARKETS WAVER AS INVESTORS KEEP A KEEN EYE ON
the G20 summit scheduled to commence this weekend. The market
expects a solution from US and China
soon after the summit regarding the ongoing trade spat.
Mark Carney implied in the event Britain crashes out of the EU the
Bank of England will be compelled to slash rates
.
FTSE 100 -0.04%,
German DAX +0.4%,
CAC 40 -0.29%,
STOXX Europe 600 -0.31%. The
10-year Gilt rose 3.3 basis points.
Read More
Topics:
Analytics,
bonds,
junk bonds,
bond market,
corporate bonds,
market analytics,
New Issues,
News,
research,
EU,
market update,
European
.png)
