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Ukraine crisis takes EU and Russian markets into new territory
3 years ago
Credit spreads went back to the wides again on Monday, after the European Union intensified its pressure on the Russian economy and reached an unprecedented agreement to supply Ukraine with weapons -
Market whipsaws tighter as west holds out on Russian sanctions
3 years ago
Extreme market volatility is extending into the weekend, with a big gap tighter in spreads on Friday as the credit market see-saws due to Russia’s invasion of Ukraine and the uncertain response of both western countries and China -
Global markets reel as Russia goes to war with Ukraine
3 years ago
Russia’s invasion of Ukraine is sending shockwaves around the region and far beyond, with the military campaign demanding a sharp reassessment of where the spiralling crisis could lead -
European credit rallies in stark discord with deepening Ukraine crisis
3 years ago
Cognitive dissonance looks to be afoot in the credit market on Wednesday, with indices rallying for a second day even as Russian and Ukrainian spreads move to new wides -
Investors look to US response after Putin lights touch paper on Ukraine intervention
3 years ago
Credit investors are left facing a what-happens-next moment after Vladimir Putin recognised the Donetsk and Luhansk regions of Ukraine as independent states, paving the way for Russian forces to intervene. In response the US has moved swiftly to impose new sanctions targeting the two regions -
French co rattles investors on micro level as Russia overclouds macro
3 years ago
After a cautious opening, investors in the European credit market have resumed hedging as western leaders continue to talk up the prospect of Russia invading Ukraine and the Kremlin has dismissed hopes of a Biden-Putin summit as premature -
French airline flies against flock on pandemic repayment plans
3 years ago
Air France is a standout improver on Thursday against a backdrop of broad deterioration in single name credit spreads -
Europe drives relief rally after Russia signals troop withdrawal
3 years ago
European financial market volatility has brought another reversal of relative value dynamics versus the US, with Russia/Ukraine developments extending their sway -
Credit and equity fund flows diverge ahead of Fed emergency meeting
3 years ago
Outflows from credit have extended into another week, even as stocks returned to inflows, as speculation mounted the US Federal Reserve could opt for a 50bp hike in March or even an earlier than anticipated hike at an emergency meeting next week -
Credit funds at a glance (February 2022)
3 years ago
A round up of fundraising and people moves in credit -
Financial-corporate compression in play as relief rally extends
3 years ago
Credit markets are experiencing a second day of improvement, with financials outperforming corporate borrowers in the investment grade arena -
Eerie calm breaks as bears return to feast
3 years ago
After what looked a calmer and even buoyant start, credit markets have again pushed wider on Monday as investors wrestle with competing view on outlook for central bank policy -
Heavy market rout takes credit back to November 2020 levels
3 years ago
High volatility is gripping financial markets at the end of a week that has been decisively bearish for credit spreads, as concerns about the end of central bank stimulus and warnings of a Russian invasion of Ukraine next month layer on pain for investors -
Travel, tech and financials give market boost ahead of Fed second day
3 years ago
Credit and equity markets are back in tandem with a sizeable rally ahead of Wednesday's closely watched US Federal Reserve meeting, following a volatile start to the week -
Credit Rendezvous: the upside of inflation
3 years ago
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets -
Financials move first as bearish trading resumes ahead of Fed meeting
3 years ago
The bearish tone in financial markets has spilled over into another week with cautious positioning ahead of the US Federal Reserve meeting, weakness in tech stocks, financial credits underperforming and growing trepidation about the possibility of Russian intervention in Ukraine -
See what's next: Netflix gives whole market a chill
3 years ago
Financial markets look set to end the week once again on a bearish trajectory, with fears over consumer confidence and company earnings helping take credit spreads back to their widest levels since the start of December -
Credit makes comeback despite oil and treasury yields hitting new highs
3 years ago
The bearish mood that has gripped trading sessions over the past week appears to be easing slightly, with US and European credit indices picking up after a strong rally in Asia -
Ukraine and Russia volatility steps up amid political trial and conflict fears
3 years ago
Ukrainian and Russian spreads are among the market's biggest movers at the start of the week, as developing tensions between the two countries ramp up another notch and former Ukrainian president Petro Poroshenko has arrived in Kyiv to face treason charges -
Caution returns to credit trading following tech sector rout
3 years ago
After a strong Tuesday session, financial markets are taking a more cautious step back on Wednesday amid returning inflation concerns and following a weak session for Chinese tech stocks -
Credit funds at a glance (January 2022)
3 years ago
A round up of fundraising and people moves in credit -
Credit Fundraising: mega funds contribute to record-breaking month as volume hits $39bn
3 years ago
The sheer size of the funds raised in November more than compensated for a drop in the number of funds raised as fundraising volume in credit reached $38.9 billion. This beat September by $2.4 billion to make it the most productive month of credit fundraising in 2021 -
US leads charge in strong relief rally
3 years ago
Credit markets have entered a relief rally on rising optimism the omicron covid variant will not prove as severe as had been feared -
Reality check for credit as omicron research timeline extends
3 years ago
Another dose of harsh reality has sunk into financial markets on Tuesday, as investors continue to reappraise the impact of tightening travel restrictions and the timeline for pharmaceutical work to address the omicron covid-19 variant -
Traders hunt for Monday bargains in Black Friday debris
3 years ago
The turmoil of Black Friday has given way to a counter-wise move on Monday, with financial markets latching onto scraps of hope over the weekend following the panic of a newly discovered covid-19 variant
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