Goldman Sachs Group Inc. has assessed that global investors are overestimating the risks of financial market instability following the upcoming U.S. presidential election. They believe concerns about uncertainty due to the lack of a clear winner are exaggerated.
GLP Pte has canceled its planned dollar bond sale after failing to attract enough demand, despite offering a record coupon rate above 10%. This move highlights ongoing investor concerns about the company, which focuses on developing warehouses and logistics real estate.
Asian equities remained in a tight range today as investors braced for the upcoming US election and important economic data. This data is expected to influence the next decision by the Federal Reserve, adding to the cautious sentiment in the market. Traders are closely watching developments to gauge their impact on future monetary policy.
Traders who rushed to invest in bullish options on oil are facing a tough situation. Many of those contracts have now become worthless, leaving investors with significant losses as the market shifts unexpectedly.
Oman’s OQ Exploration & Production saw its shares drop after a notable $2 billion initial public offering. This decline is surprising as Middle Eastern listings usually see strong early gains.
Oil prices dropped over 5% at the beginning of the week following Israeli airstrikes on targets in Iran that did not hit crude facilities. This development has raised hopes for a potential easing of tensions in the region.
The US bond market is facing a critical two weeks ahead after experiencing its worst selloff in six months. This period will likely determine its trajectory for the remainder of the year. Investors are closely watching for key economic indicators and Federal Reserve signals that could influence interest rates and market stability.
Citigroup Inc. has announced it's time to take profits on some trades linked to a potential victory by former President Donald Trump in next month's election. The financial giant suggests that investors should act now amid the shifting political landscape.
