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China in the spotlight this morning

Straight after the Chinese authorities asked the country’s largest banks to lower their deposit rates, China’s trade data disappointed, with both imp…

3 years, 2 months ago

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US regulator files a lawsuit against crypto exchange Binance

The US Securities and Exchange Commission has sued cryptocurrency exchange Binance and its CEO Changpeng Zhao for US securities violations. Our Chief…

3 years, 2 months ago

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US equity outperformance resumes

US equities gained on Friday on the back of the deal to raise the debt ceiling and a mixed bag of economic reports that suggested the Federal Reserve…

3 years, 2 months ago

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Stocks rally on renewed economic optimism and debt ceiling resolution

Although this week's employment data was generally stronger and US manufacturing remains under pressure, equities and bonds broadly rallied yesterday…

3 years, 3 months ago

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Debt ceiling bill passes in the House with broad bipartisan support

The US House of Representatives passed a bill late yesterday to suspend the USD 31.4 trillion debt ceiling. The bill will now pass to the Senate just…

3 years, 3 months ago

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Weak Chinese PMI prompts market selloff

China's economic recovery weakened in May as manufacturing activity slumped, prompting investors to sell stocks and call for more stimulus to boost g…

3 years, 3 months ago

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US debt ceiling negotiations clear their first hurdle

Futures markets have reacted with cautious optimism to the fact that President Joe Biden and House Speaker Kevin McCarthy finally reached an agreemen…

3 years, 3 months ago

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Tech sector shines as time runs out to avoid US government default

The tech sector rallied strongly yesterday, while other sectors and the broader market were flat to slightly lower. This followed the upbeat outlook …

3 years, 3 months ago

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Fitch move adds to pressure on markets

US ratings agency Fitch put the United States’ AAA bond rating on negative watch yesterday, saying that the debt ceiling negotiations have raised the…

3 years, 3 months ago

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US debt-ceiling impasse dents investor sentiment

Global equity markets suffer losses after continued US debt-ceiling negotiations ended without a deal yesterday. This increases the likelihood that t…

3 years, 3 months ago

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