Recent Posts

China integrates trading of $14trn local bond markets

Bloomberg China took a further step in integrating its fragmented bond markets, a move which analysts say could reduce complexity and attract foreign investors. Bond traders on interbank market and stock exchanges can now trade bonds listed on both venues, the People’s Bank of China and the China Securities Regulatory Commission said in a joint statement Sunday. The regulators will ...

Read More »

March of zombie firms just gets louder in stock market

Bloomberg To best observe the real-world impact of Federal Reserve largesse in the stock market, maybe focus on its fringe. That is, places occupied by companies whose lease on life is weakest: small-cap firms that don’t make any money. Since equities bottomed around the time Fed Chair Jerome Powell pulled out all the stops to shore up markets, shares of ...

Read More »

Oil dips as weak economic data reinforcing sour demand view

Bloomberg Crude clung to losses amid a combination of weak economic data and signals that a recovery in consumption may be slowing. Futures posted a 0.4% decline in New York. Although strength in US equities pushed oil up from the lows of the session, futures were unable to rally amid a flurry of disappointing data points. In the US, consumer ...

Read More »
Send this to a friend