Canadian resource players meet the US high-yield debt market

Canadian resource players meet the US high-yield debt market

The combination of Canadian natural resource companies and the U.S. high yield market seems as natural as a hand and a glove. The latest example played out Tuesday when Vancouver-based First Quantum Minerals launched a US$1.5-billion offering of senior notes, with one tranche for six years and the other for eight years. Much of the […]

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Market Live: Sensex rises 100 points, Nifty near 10400, IT shares trade higher

Market Live: Sensex rises 100 points, Nifty near 10400, IT shares trade higher

BSE Sensex and NSE Nifty trade higher on Wednesday. Photo: Hemant Mishra/Mint Mumbai: BSE Sensex and NSE’s Nifty 50 gained on Wednesday, snapping a three-day falling streak, as investors and domestic institutions widened their bets amid firm Asian cues. Short-covering by speculators ahead of February F&O expiry tomorrow added to the upward move. Brokers said […]

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Market Live: Sensex extends gains, Nifty still below 10400; metals fall

Market Live: Sensex extends gains, Nifty still below 10400; metals fall

12:20 pm NPPA hits out at pvt hospitals: Private hospitals in Delhi and the National Capital Region (NCR) made up to 1737 percent in profits from drugs, diagnostics, and consumables, according to a report by National Pharma Pricing Authority (NPPA). The NPPA report said that the hospitals are are exploiting both consumers and manufacturers in order […]

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China's Healthcare Reforms Underscore Market Growth

China’s Healthcare Reforms Underscore Market Growth

By Dezan Shira & AssociatesEditor: Qian Zhou Due to its size and growth potential, China’s healthcare market is one of the most attractive in the world for foreign investors. China surpassed Japan to become the world’s second-largest healthcare market in 2013 and continues to develop at double-digit rates. Indeed, it’s the fastest-growing healthcare market of […]

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Consumer stocks buoy Australian market

Consumer stocks buoy Australian market

Australian shares were marginally higher at noon after consumer stocks were buoyed by positive earnings results. The benchmark S&P/ASX200 stock index was up 0.1 per cent at midday on Wednesday, recovering from early weakness related to the materials sector. Mining stocks continued to weigh on the index, with shares in BHP Billiton down 4.9 per […]

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Will Fed Policy Continue To Support The Stock Market?

Will Fed Policy Continue To Support The Stock Market?

The near-term future for the United States economy is going to be dependent upon what the Federal Reserve does with regards to monetary policy. Financial markets continue to produce results that can be interpreted to mean that US economic policy will not achieve much more in the way of greater economic growth, but will produce […]

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How PNB scam moved the currency market?

How PNB scam moved the currency market?

MUMBAI: Early last week, Punjab National Bank (PNB) told Indian stock exchanges it has been the victim of an elaborate fraud that could cost the stretched banking system Rs 11,400 crore in the very least. The startling announcement of the country’s biggest banking fraud seems to have capped a tortuous journey for Indian public lenders […]

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MARKET WRAP: JSE closes weaker as renewed risk-off trade hits market

MARKET WRAP: JSE closes weaker as renewed risk-off trade hits market

The JSE all share closed weaker on Tuesday as renewed risk-off trade returned to the market amid a weaker US bond market, causing the dollar to firm. The local market was also on tenterhooks before the budget on Wednesday, which analysts have cautioned could temper the momentum created by Cyril Ramaphosa’s rise to the Presidency. […]

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The Otcrit Platform aims to make a better market

The Otcrit Platform aims to make a better market

The crypto-market has been booming for the last year and numerous exchanges have been created following the new trend. Almost all of them, however, have one main purpose – to make as much profit as possible. Tokens are getting listed just because their creators can afford the costly procedures and fees, and users are left […]

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Marc Chandler

Monday Market Update

The US dollar is narrowly mixed in uneventful turnover. Of note, the dollar selling seen in Asia last week slackened today and the greenback moved above the pre-weekend highs seen in the US. It is the first time in eight sessions the dollar has risen above the previous day’s high against the yen. Europe seems […]

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Exchange rate challenge hits Italian grape exporter in UK market

Exchange rate challenge hits Italian grape exporter in UK market

Fresh Fruit PortalAn Italian table grape exporter specialising in premium varieties has urged UK retailers to share more of the cost burden of a weakened pound, claiming shippers will not be able to sustain the associated losses much longer.  “Last year we kept the market, even reducing our profit. We more or less accepted the […]

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Algo trading harmed market during Swiss franc crash – paper

Algo trading harmed market during Swiss franc crash – paper

The Swiss franc moved dramatically against the euro on January 15, 2015 Algorithmic trading appears to have worsened “market quality” during the Swiss franc crash in January 2015, a staff working paper published by the Bank of England finds. The euro/Swiss franc currency pair suffered extreme volatility on January 15 that year after the Swiss […]

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Market Correction Sparks Feeding Frenzy for Stocks

Market Correction Sparks Feeding Frenzy for Stocks

If you blinked or weren’t watching the market for the past week, there was a fierce correction that has erased all but a few traces of the shock and awe of the trapdoor sell-off. U.S. equities advanced for a sixth consecutive session, overcoming a hotter-than-expected January Consumer Price Index (CPI) reading. The Nasdaq Composite led […]

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Asian equity market gains and the US Dollar's weakness.

Asian equity market gains and the US Dollar’s weakness.

Asian equity markets continued to build on last week’s gains, after U.S. stocks capped their best week since 2013. Investor sentiment has gradually improved after fears of rising inflation sent most global indices into correction territory. The Cboe’s Volatility Index (VIX) ended Friday’s session below 20, suggesting that indictments from Special Counsel Robert Mueller against […]

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