Capital Markets News And Data



Money, Economy, Finance, Fiscal Matters, Mutual Funds



Investors  turn to linkers and gold to hedge uncertainty
In 2002, Ben Bernanke deemed deflation such a threat that he referred to Milton Friedman's notion of handing out cash to stop falling prices

Petrobras prepares to raise R$55bn
Petrobras, Brazil's national oil company, is preparing to raise as much as R$55bn from minority shareholders in one of the biggest capital market transactions

Ratings on $55bn muni debt face cut
Credit ratings on almost 900 municipal bonds, or $50bn to $55bn of debt, could be cut by up to three notches by Moody's Investors Service

Crisis alters corporate treasurers' risk outlook
These self-effacing types are playing a much more princely role now that cash is king, says Richard Milne

Emerging market dollar issues soar
Companies and governments in emerging markets borrow more cheaply in the dollar than in their currencies for the first time in two years

ADB plans triple currency bond
The Asian Development Bank plans to finance clean energy projects across the region by selling a bond denominated in three currencies to Japanese retail investors

Saudi Tadawul poised to exercise more global appeal
Hedge funds and asset managers have in the past year begun to place small bets on the Tadawul

Germany's strength weakens others
A growing divergence in borrowing costs is prompting worries for many peripheral European economies

The lessons to be learnt from Japanese bonds
Japan, we were assured, would be the next Greece. . . . but it hasn't quite worked out like that, writes Jonathan Allum

UK quarterly growth revised upwards
The UK economy grew at its fastest pace in 11 years in the second quarter but serious doubts remain that the momentum of recovery can be maintained as government spending cuts begin to bite

Markets vainly seek safety in numbers
Fed chairman Ben Bernanke's vapid speech may just reflect the little he can do beyond not rocking the boat

Retail investors resist siren call of equities
Money pulled from shares is being pumped into bonds as the investing public, already worried about jobs and falling house prices, remains sceptical about the market

Reading between the lines of bonds and shares
This divergence in bond yields and equity prices is at odds with the relationship that held for most of the past decade

Professionals shown up by 'dumb money'
Despite warnings about a bond bubble that could well come to pass, there is little doubt that the mindset of retail investors has fundamentally changed

US mortgage rates reach record low
US mortgage rates have fallen on the back of persistent signs of weakness in the housing market, where existing home sales fell 27% in July