IGM Credit, IGM FX and Rates
02 Dec 2019
Inside this week’s edition of The Context, Financial Intelligence thought leaders discuss: Euro High Yield: November Volumes at a High November took the baton from October and ran with it, as high yield corporate issuance (ex financials) in euro topped the previous month's issuance which itself was a two-year high water mark. On a quarterly basis, Q4 is already the busiest quarter in two years. The AUD Week - Bias is Bearish This week, the RBA meet for the last time this year, and while no change is forecast (just 10% chance of a cut being priced), focus will be on the Bank's forward guidance. Turkey Testing U.S. Senators’ Sanctions Patience The Turkish military started testing its S-400 missile defence systems and as planned the system, which Turkey controversially agreed to purchase from Russia in 2017, is on track to be fully operational by April. Read more from The Context and subscribe to have it delivered to your inbox each week!