Rabobank analysts offered a brief advance of the pair USD/JPY and they expect the pair to oscillate in a wider trading range between the key psychological levels of 130-135. Featured Statements “The Bank of Japan is clearly the one that stands out among its G10 peers. While everyone else is gripped by a determination to […]
Tag: Bonds
Stabilizing trends in the bond market
Investor interest in Eurozone bonds appears subdued today after the release of positive data regarding the course of GDP in the second quarter. GDP growth came in at 0.7% (compared to the previous quarter) and 4% on an annual basis, far exceeding analysts’ forecasts. It is recalled that in the first quarter of 2022, GDP […]
GBP/USD sinks to 1.2100 after upbeat US data.
GBP/USD pulls back sharply from one-month highs amid the appearance of some dollar buying. Upbeat US PCE report could have reignited Fed rate hike bets and favor USD bulls. The bears could still wait for a sustained break below 1.2100 before making further bets. The pair GBP/USD has made a sharp turn from 1.2250, the […]
USD/JPY trims intraday losses to multi-week low ahead of US PCE.
USD/JPY has rebounded from the multi-week low hit this Friday. The recovery in US bond yields helps revive the demand for dollars and offers support to the pair. Investors are now awaiting the US PCE report for a significant trading boost. The pair USD/JPY stops its intraday decline near 132.50 and quickly recovers more than […]
USD/CHF rebounds from multi-week lows and back around 0.9600 ahead of US GDP.
USD/CHF reverses intraday decline amid revival in dollar demand. A nice rebound in US Treasury yields helps the dollar stem the post-FOMC slide. Recession fears could underpin the safe-haven CHF and cap the pair ahead of the US GDP release. The pair USD/CHF It falls to a three and a half week low during the […]
GUIDELINES: At 0.80% the yield in the six-month interest auction from 0.45%
The amount of €812.5 million was raised by the Greek government from the six-month interest auction, with the yield rising to 0.80% from 0.45% in the previous auction. In particular, and according to the data of ODDIX, an auction of interest-bearing promissory notes with a duration of 26 weeks was carried out, amounting to 625 […]
The corporate bond market is booming
The successful issuance of CPLP Shipping’s EUR 100 million corporate bond confirms the boom of the corporate bond market which in 2021 achieved strong growth and was the most fruitful year since the institution of corporate bonds began in 2016, while the positive momentum for corporate bonds continues in 2022. Before the issuance of CPLP […]
Fitch downgrades Ukraine’s economy after proposal to postpone bond payments
Ratings agency Fitch Ratings downgraded Ukraine’s economy after the country began the formal process of suspending payments on its foreign bonds and restructuring $22.8 billion in public debt following Russia’s invasion. As Bloomberg reports, the country’s credit rating was downgraded to C from CCC on Friday by Fitch, which said the government’s request to defer […]
Bonds are on the rise, but not the euro, after the ECB’s decisions
Yesterday’s decisions of the European Central Bank were positively received by the eurozone bond markets today. Despite the uncertainties that still exist regarding the operation of the New Market Protection Mechanism, the prices of most bonds moved upwards – with the exception of Italian ones – as a result of which yields recorded a small […]
$30 billion outflows from China’s bond market
China’s bond market has been facing capital outflows and there are signs the government is growing nervous about the $30 billion outflow as it delays data and tries to manage investor expectations. International funds withdrew 55.9 billion yuan ($8.3 billion) from the country’s debt in June, in a fifth month of net sales that swelled […]
