The Week Ahead: What Are Global Bankers Afraid Of?

It started out as another choppy week for the stock market as last Tuesday's sharply higher close caught me and many others by surprise. As I noted the next day, the market internals did not measure up to the price gains so this made the following days and the weekly close the most important. Of course, the Tuesday turnaround was spurred by the "European Central Bank's plans for ?1 trillion of monetary stimulus" as the Euro markets rallied in impressive fashion.

Topics:  european central bank   dax index   eurozone   on thursday   ecb's draghi   the chinese   people's bank   euro   i   dax   china   week   markets   market   tuesday   close   sharply   wednesday   data   early   
BING NEWS:
  • EU dual tranche leads SSA issuance
    The European Union will price its fourth syndication for the year on Tuesday, having opted for two tranches consisting of one short new issue and one long dated tap, in line with market expectations.
    04/22/2024 - 6:03 am | View Link
  • What Do NYC Youth Want for Earth Day? An End to Fossil Fuels.
    "My house gets flooded every single year,” 16-year old Diana Ramirez told City Limits, one of many New York City youth who took to the streets in the lead up to Earth Day to demand people in power ...
    04/22/2024 - 3:51 am | View Link
  • Two CEEMEA corporates step up to print
    In March 2023 the Kingdom of Morocco printed its own $2.5bn dual tranche bond via the same leads OCP is using and Deutsche Bank. It printed a $1.25bn 5.95% March 2028 and a $1.25bn 6.5% September 2033 ...
    04/22/2024 - 3:04 am | View Link
  • Charting the Global Economy: Fed Delay Recalibrates All Rates
    Federal Reserve Chair Jerome Powell signaled US central bankers will wait longer to cut borrowing costs following a series of surprisingly high inflation readings, which reduces room for easier policy ...
    04/19/2024 - 10:00 pm | View Link
  • Asia’s central bankers struggle to contain strong US dollar
    Asia’s central bankers are bracing for more turbulence from a stronger US dollar as the receding prospect of US interest rate cuts this year sends shockwaves through the yen, renminbi and other ...
    04/19/2024 - 4:00 pm | View Link
  • More

 

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