This high level of corporate debt has made the U.S, particularly vulnerable to sharp downturns in global economic activity. Source: S&P Global Since mid-February, the market has turned sharply down in response to the coronavirus pandemic. The S&P 500® has fallen about 32% from its peak this year. Equity volatility shot up, as VIX® went…
Just how bad COVID-19 will ultimately be for the US and global economy is difficult to say, with no real frames of reference as precedent – the author discusses two extreme scenarios as a framework for what may be. Source: Bloomberg How bad COVID-19 will be for the U.S. economy is almost impossible to say,…
Apart from the market risk ramifications of COVID-19, the fact that we are also in the early stages of a large-scale operational-risk episode, including the negative impact on liquidity of traders working from home. Source: Bloomberg via GARP (Bloomberg) — The impact of the coronavirus outbreak on Wall Street may worsen trading conditions for one…
Global corporate bond market door slammed shut on Coronavirus fears and uncertainty. Source: Yahoo Finance (Bloomberg) — The global credit machine is grinding to a halt. The $2.6 trillion international bond market, where the world’s biggest companies raise money to fund everything from acquisitions to factory upgrades, came to a virtual standstill as the coronavirus…
In the next decade, Fintechs anticipate AI will have expanded their workforce by 19%. Source: World Economic Forum Artificial intelligence (AI) is in the process of transforming a variety of models in the global financial services industry, a global survey jointly conducted by the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge…
The comprehensive and global study confirms that AI is affecting the financial system at an accelerating pace. Source: moderndiplomacy A new survey released by the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) finds nearly two-thirds (64%) of financial services leaders expect to be mass adopters of AI in just two years…
Based on proprietary Overbond AI Bond Buyer Matching algorithm launched earlier this year, Overbond sources new liquidity and cross-border access integrating buying preferences from traditional and non-traditional investors in all G-10 local markets. Source: Overbond TORONTO and NEW YORK – June 14, 2019 – Overbond Ltd., the first end-to-end fixed income markets fintech platform for…
2016 saw emerging markets raising $450 billion in global bond markets, with 2017 expected to be robust Source: Thomson Reuters Dec 22 Emerging governments and companies have raised close to $450 billion on global bond markets in 2016, with sovereign sales hitting record highs, and issuance next year will likely be robust as borrowers scramble to…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
