Recent Posts

Bond traders face their fears in week that may change everything

Bloomberg This week is fraught with peril for Treasuries traders, no matter if they’re bulls or bears. The next five trading days will bring a torrent of market-moving information: President Donald Trump is poised to finally announce his nominee to lead the Federal Reserve; US central bankers have an interest-rate decision to make; a House committee is set to release ...

Read More »

Saudi Telecom beat, petchems lift Riyadh; rest of Gulf sluggish

Reuters Petrochemical stocks and an earnings beat by Saudi Telecom Co lifted Riyadh’s stock market on Sunday while other Gulf bourses were sluggish, once more ignoring a strong performance by Wall Street on the previous trading day. The Saudi stock index climbed 0.7 percent. Unusually, four of the 10 most active stocks were petrochemical producers after oil prices rose sharply ...

Read More »

Ermotti reboots UBS buyback expectations

Bloomberg UBS Group AG Chief Executive Officer Sergio Ermotti is reviving investors’ expectations for a share buyback after the bank’s capital buffers rebounded and profit increased. The bank’s CET1 capital ratio rose to 13.7 percent in the three months through September, up from 13.5 percent in the second quarter. UBS has pledged to return at least half its net profit ...

Read More »
Send this to a friend