Market Events

Brazil’s fiscal fragility stokes funding fears, despite record low rates

Brazil’s fiscal fragility stokes funding fears, despite record low rates

Published 01/09/2020

BRASILIA (Reuters) - Brazil’s official interest rates and the average cost of servicing its public debt have never been lower, but investors are becoming worried [more…]

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Published 15/08/2020

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes [more…]

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Published 11/08/2020

BOSTON (Reuters) - Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in [more…]

Analysts’ View: EU progress lifts euro, stocks on the defensive

Analysts’ View: EU progress lifts euro, stocks on the defensive

Published 20/07/2020

LONDON (Reuters) - EU leaders reported some progress on Monday after three days of haggling over a coronavirus stimulus plan, sending the euro to a [more…]

Saudi King Salman, 84, admitted to hospital

Saudi King Salman, 84, admitted to hospital

Published 20/07/2020

RIYADH (Reuters) - Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz, has been admitted to hospital in the capital Riyadh, suffering from inflammation of the [more…]

Cresting ‘first wave’ of stimulus may be next hurdle for world markets

Cresting ‘first wave’ of stimulus may be next hurdle for world markets

Published 16/07/2020

LONDON (Reuters) - A growth spurt in the balance sheets of the world’s biggest central banks has crested in recent weeks, drawing warnings from investors [more…]

Bond investors wait for more headlines on EU recovery fund

Bond investors wait for more headlines on EU recovery fund

Published 09/07/2020

AMSTERDAM (Reuters) - Euro zone bond yields held their ground on Thursday with investors’ main focus expected to be any new developments on the European [more…]

Bain Capital extends deadline for Japan’s Nichiigakkan bid for second time

Bain Capital extends deadline for Japan’s Nichiigakkan bid for second time

Published 09/07/2020

TOKYO (Reuters) - U.S. buyout fund Bain Capital said on Thursday it had extended its deadline for a $1 billion buyout offer for Japanese nursing [more…]

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Uber, Postmates agree on $2.65 billion all-stock deal: Bloomberg News

Published 06/07/2020

(Reuters) - Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg [more…]

Prepping portfolios for next market storm? Not just gold and govvies

Prepping portfolios for next market storm? Not just gold and govvies

Published 09/06/2020

LONDON (Reuters) - G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider [more…]