By Lucy Raitano (Reuters) -March was expected to be a busy window for Europe’s stock market listings, but Russia’s move to redraw borders in Ukraine and market uncertainty due to the escalating security crisis on the continent are prompting companies to put their plans to go public on ice. Proceeds raised so far this year …
War, market jitters threaten Europe’s IPO launch season Read More »
KYIV (Reuters) – Ukraine’s hryvnia currency weakened by more than 1% from the beginning of the trading session on Tuesday after Russia formally recognised the independence of two regions of eastern Ukraine, Refinitiv data showed. The rate slipped below 29 to the dollar, sinking back to last month’s level. In February, the hryvnia had strengthened …
Ukrainian hryvnia loses 1% after Moscow recognises separatist regions Read More »
A look at the day ahead in markets from Sujata Rao It was perhaps inevitable that Vladimir Putin would resort to the playbook similar to the one employed during the 2014 Crimea annexation, recognising as independent two breakaway Ukrainian regions then sending in the tanks. As Western powers debate what kind of sanctions to impose, …
(Reuters) – J.P.Morgan analysts downgraded Russian equities to “neutral” from “overweight” on Tuesday, after Russian President Vladimir Putin formally recognised two breakaway regions in eastern Ukraine, escalating a security crisis on the continent. The Ukrainian military said two soldiers were killed and 12 wounded in shelling by pro-Russian separatists in the east in the past …
J.P.Morgan cuts Russian equities to ‘neutral’ as Ukraine crisis worsens Read More »
By Alexander Marrow MOSCOW (Reuters) -The rouble tanked on Monday, slipping past 80 against the dollar, while stocks plunged to their lowest in over a year as Russian President Vladimir Putin called for the immediate recognition of two breakaway regions in eastern Ukraine. Putin signed a decree recognising the breakaway regions in eastern Ukraine as …
Rouble sinks, stocks plunge as Russia recognises Ukraine breakaway regions Read More »
MEXICO CITY (Reuters) – Mexican annual inflation likely accelerated in the first half of February after slowing during the past eight weeks, a Reuters poll showed Monday, reinforcing expectations that the country’s central bank would continue raising rates in line with the U.S. Federal Reserve. The consensus forecast of 12 analysts surveyed was for inflation …
Mexico inflation seen on the rise again in early February: Reuters poll Read More »
SAO PAULO (Reuters) -Executives of Itau Unibanco Holding SA wholesale unit Itau BBA said on Monday they expect Brazilian companies to issue more fixed income instruments this year and sell less equity, as markets prepare for pre-election volatility. Itau BBA director for corporate and investment banking, Cristiano Guimaraes, predicted at a news conference that the …
Itau BBA predicts Brazilian fixed income issues to rise this year, M&A volume stable Read More »
By Tom Sims FRANKFURT (Reuters) -Allianz has dismissed two asset managers who oversaw a group of investment funds that collapsed after racking up massive losses when the spread of coronavirus triggered wild market swings, according to regulatory filings. The downfall of the $15 billion Structured Alpha funds has landed the German insurance company in hot …
Allianz fires two managers in wake of investment fund collapse Read More »
By Huw Jones LONDON (Reuters) – Britain should regulate sustainability ratings on companies to improve transparency, reduce the risk of greenwashing and protect investors, a regulatory research body said on Monday. The wall of money going into environmental, social and governance (ESG) funds has raised concerns among regulators about greenwashing, when sustainability credentials are exaggerated …
Financial think-tank calls for regulated ESG ratings in Britain Read More »
By Lindsay Dunsmuir (Reuters) -Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point interest rate rise at the central bank’s next meeting in March is needed, a stance that underscores divisions among policymakers on how aggressively to …
Fed’s Bowman keeping open mind on possible half percentage point rate hike in March Read More »
