Archive for January, 2017
Tuesday, January 3rd, 2017
Via Bloomberg:
Dollar Rally Adds to Uncertainty as Fed Weighs 2017 Rate Hikes
by
Christopher Condon
January 3, 2017, 12:00 AM EST
Greenback’s rise caused by anticipation of fiscal boost
Appreciation will harm economy if Trump can’t deliver
The dollar’s appreciation may represent the U.S. economy’s biggest speed bump in 2017, and that could be ...
Posted in Uncategorized | Comments Off on Mighty Greenback and the US Economy
Tuesday, January 3rd, 2017
Via Robert Elson at Bloomberg:
IG CREDIT PIPELINE: 2 Expected to Price, Beginning 2017 Issuance
2017-01-03 10:22:45.197 GMT
By Robert Elson
(Bloomberg) -- Expected to price today:
* Westpac Banking (WSTP) Aa2/AA-, to price 2-part deal, via
managers BAML/HSBC
* 5Y, IPT +105 area
* 5Y FRN, IPT equiv
* BNP Paribas (BNP) Baa2/A-, to price $benchmark Non-Pfd
Senior 7Y; ...
Posted in Uncategorized | Comments Off on Credit Pipeline
Tuesday, January 3rd, 2017
Via Bloomberg:
Analysts Can't Seem to Agree on Whether China's New Yuan Basket Will Be More or Less Volatile
A-tisket, a-tasket, a new currency basket.
by
Narae Kim
January 3, 2017, 3:18 AM EST
It's a new year and a new yuan.
Days after announcing a revamp of its trade-weighted foreign-exchange basket, China's decision to downgrade the importance of the ...
Posted in Uncategorized | Comments Off on New Year and New Yuan Basket
Tuesday, January 3rd, 2017
Via Kit Juckes at SocGen:
<http://www.sgmarkets.com/r/?id=h12032ba4,196c164f,196c1650&p1=136122&p2=b7962b819e3d1b71c528572ef2a812d1>
My inner Grinch was fueled by the cold this morning, nopt to mentin the dark. That Pret-a-manger decided to delay its opening until 7 am, delaying my first coffee of the day, didn't help. But all I've learnt since getting in is that the Grinch, and ...
Posted in Uncategorized | Comments Off on Early FX