ABE Weekly – 29/08/2018
ABX Weekly 29th August 2018 Market update The S&P has broken out to a new high yet the VIX, the so-called fear index, is hovering significantly above its 52- week lows suggesting elevated uncertainty as the large-cap index continues to carve out new records We have seen good buy flows in CNI 2021, NXT 2021, […]
Weekly Flash 22/08/2018
ABX Weekly 22nd August 2018 Market update The US stock market has had another good week with the S&P coming within points of an all-time high, double top? We will see. It has made a quick retreat since after news just out that The Donald’s former campaign chairman Paul Manafort was found guilty on 8 […]
ABE Weekly – 15/08/2018
ABX Weekly 15th August 2018 Market update The US stock market has had a good week with the S&P index 40 points shy of an all-time high with the Australian market gyrating not far behind We have seen good buy flows in CNI 2021, NXT 2021, SYDAIR 2030 and would happily buy back DDR 2020 […]
ABE Weekly – 8/08/2018
ABX Weekly 8th August 2018 Market update A strong week for US stocks was offset by weakness from Chinese stocks which also kept a lid on the All Ordinaries here in Australia We have seen good buy flows in NXT 2021, SYDAIR 2030 and would happily buy back DDR 2020 FRN from accounts that are […]
ABE Weekly – 1/08/2018
ABX Weekly 1 August 2018 Market update Corporate bonds had at typically strong week with optimism in the global economy feeding through to tighter credit spreads across the board. We have long mentioned the tenuous nature of the recent equity performance and how it is based on a handful of tech companies which now make […]
ABE Weekly – 25/07/2018
Credit updates: The appetite for Australian corporate bonds improved over the week with new issues being well subscribed and a measure of the riskiness of Australian corporate bonds improving. (Itraxx Australia Index) Sydney Airport (SYD) released encouraging passenger data this week with June 2018 total passenger numbers up 1.8% from the prior corresponding period to […]
Weekly Flash 18/07/2018
Credit updates: The Retail corporate bond market continues to perform strongly with steady customer buying seen across the unrated bond space out to 4yr maturity. Equities remain volatile but had a strong week, led by US stocks. It’s important to note that US equity strength is being led by technology companies. (Amazon hit a new […]
ABE Weekly – 11/07/2018
Credit updates: Appetite for corporate bonds in the wholesale market has been affected by a volatile week for bank funding costs which affects appetite for all assets including bonds. The Retail corporate bond market, however, remained immune and generally in demand with some recent issuance being well received. Axsesstoday launched a simple corporate bond (ASX […]
ABE Weekly – 4/07/2018
Credit updates: Retail corporate bonds have continued to be in demand highlighting their relative immunity to global equity market fluctuations. Primary issuance of corporate bonds remains light, adding to the natural bid for bonds in the secondary market. NextDC have launched a new 3.9yr bond paying around the 6% area (subject to demand). NextDC has […]
ABE Weekly – 27/06/2018
Credit updates: Corporate bonds have continued to be well supported domestically as equity markets exhibit increasing volatility, and the safety of bonds as an asset class has become more appealing. Primary issuance of corporate bonds remains light, adding to the natural bid for bonds in the secondary market. NextDC are running investor updates with a […]