Thursday , 18 December 2025

Recent Posts

$364 billion of Australian shares just got a bump

Bloomberg Australian investors just got the final piece of a 13-month inquiry into rampant misconduct at nation’s biggest banks and financial firms that could set the tone for country’s stocks this week. The report on financial companies was released after the stock market closed on Monday and recommended against a structural separation. The S&P/ASX 200 Finance Index, whose companies account …

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Warmer shift in Europe brings mixes for gas, power traders

Bloomberg For the thousands of energy traders, utility executives and analysts descending on Essen and the E-world fair in Germany this week the impact of a relatively mild winter on the power and gas markets will be a main topic of conversation. The warmer-than-usual temperatures for most of the heating season so far, along with concern about climate change, is …

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Pemex bonds sink as Fitch puts it near junk

Bloomberg Petroleos Mexicanos bonds cratered after Fitch Ratings downgraded the state-owned company to just a notch above junk, spurring a slide in sovereign debt and the peso. The yield on Pemex bonds due in 2027 rose 28 basis points to 7.251 percent at 1:02 pm in New York, after jumping as much as 40 basis points earlier in the day. …

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