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UAE’s Masdar raises USD 1 bn in its second green bond issuance
The issuance was 4.6x oversubscribed.
Everything you need to know about the IMF’s latest World Economic Outlook update
The Fund sees the world economy growing 3.2% this year
Fed boss continues to (carefully) build a case for rate cuts, saying it looks like inflation is heading to the magical 2% zone
Plus: Trades shrug off attempt on Trump’s life, sending Dow up 200 points to close at another record high
Markets are digesting the attempted assassination of Donald Trump
Plus: Why Jamie Dimon thinks interest rates and inflation could stay higher for longer
Emerging markets recover from post-pandemic lows despite high US interest rates
Plus: Pakistan is getting a USD 7 bn loan from the IMF
S&P 500 is on a tear as investors see September rate cuts as likely
US Fed Chair Jay Powell’s Congress testimony this week signaled inflation is cooling enough for rate cuts
China is building its war chest for a sovereign bond market intervention
Yields on the country’s long-term sovereign debt have fall
Germany’s BTC sell-off is spooking an already-jittery market
The currency is down c. 20% in the past month as supply hits the market
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