Turkey’s Bond Market: A Potential Emerging Markets Bright Spot in 2024
Some of the world's largest investors are cautiously considering the unloved Turkish bond market, which could emerge as the standout bright spot in the $8 trillion local debt universe of…
Morgan Stanley Warns India About Oil Price Impact on RBI’s Policy
Morgan Stanley has issued a warning that a sustained oil price of $110 per barrel could threaten India's economic stability, potentially necessitating the central bank's resumption of interest rate hikes.…
China’s Deflationary Challenges Persist Amid Economic Uncertainty
As 2023 progresses, China continues to grapple with deflationary pressures, underscoring the fragility of its ongoing economic recovery. Economists surveyed by Bloomberg anticipate that data to be released this Thursday…
South Korea Halts Stock Short-Selling Until June 2024
South Korea has decided to suspend stock short-selling until June 2024 to provide regulators with the time to enhance rules and systems, according to the Financial Services Commission. Borrowing shares…
BlackRock’s Jean Boivin Warns of Ongoing Threat from High-Interest Rates to Stock Rally
A potential year-end rally in the stock market may be short-lived due to equities not fully reflecting the expectation of sustained higher interest rates, warns Jean Boivin, the head of…
Bond Traders Challenge Central Bankers on Interest Rate Cuts
In a market twist, bond investors and rates traders are increasingly betting that interest-rate cuts will arrive sooner rather than later, challenging central bankers' long-standing commitment to higher borrowing costs.…
Market Optimism Continues as Global Rate-Hiking Cycle Wanes
A powerful rally in U.S. and global stocks on Thursday, triggered by another decline in bond yields, has bolstered the growing belief that the global rate-hiking cycle is nearing its…
ISS Recommends Approval of Rithm’s Acquisition of Sculptor Capital Management
Institutional Shareholder Services (ISS), a proxy advisory firm, has issued a recommendation in favor of Rithm Capital Corp's bid to acquire Sculptor Capital Management Inc., a struggling money manager. According…
U.S. Stocks Rally as Bond Yields Fall on Weak Jobs Data, Fueling Hopes of Fed Pause
On Friday, Wall Street's primary stock indices staged a rally as bond yields sharply declined in response to signs of slowing U.S. jobs growth and a modest uptick in unemployment.…
Stock Market Experiencing a “Baby Rally” with Potential for Year-End Gains, says Fundstrat’s Tom Lee
A "baby rally" has emerged in the stock market in recent days, potentially signaling the beginning of a broader year-end surge in stock prices, according to Tom Lee of Fundstrat.…
