Euro Corp Snapshot: LVMH Monster Drives Biggest Volume Week Since September
Corporate issuance surged in the latest week as borrowers emerged from earnings enforced blackouts to hit the market and make the most of what was a more upbeat broader market tone.
Policy Paralysis in South Africa Leaves Economy And State Finances on The Brink
The South African Rand has always served as an EM bellwether and its increased volatility over the past few weeks is no surprise, but there are also some fundamental drivers behind the currency's current EM-beating losses.
Decent US Labour Market Report. Larger Spare Capacity?
On the face of it, the January US Employment Report was more than decent. Headline payrolls smashed expectations (225k vs 165k forecast). Services payrolls were +174k from 147k last time. Average earnings also topped projections at 3.1% y/y. Still, yields didn't rise. If anything, they are a little lower.
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