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News

Country Garden aims to have offshore debt restructuring plan by year end

Country Garden aims to have offshore debt restructuring plan by year end

  • China's Country Garden plans to finalize a restructuring plan for its offshore debt by the end of 2021. The property developer aims to inform key bondholders of cash flow projections, laying the groundwork for negotiations with offshore bondholders in early 2022.
Ryan Paisey
Ryan Paisey
Friday, 10/11/2023 | 06:03 GMT-0
10/11/2023 | 06:03 GMT-0
News

Forexlive European FX news wrap 9 Nov Futures muted, plenty of data and (ka)Powell to come

Forexlive European FX news wrap 9 Nov Futures muted, plenty of data and (ka)Powell to come

  • Forex news from the European morning session on Nov 9, 2023
Ryan Paisey
Ryan Paisey
Thursday, 09/11/2023 | 13:22 GMT-0
09/11/2023 | 13:22 GMT-0
Central Banks

ECB’s de Guindos: Any Discussion of Rate Cuts ‘Clearly Premature’

ECB’s de Guindos: Any Discussion of Rate Cuts ‘Clearly Premature’

  • ECB's de Guindos asserts that discussing rate cuts is premature, echoing ECB President Lagarde's stance. Current interest rates will be maintained to reach the inflation target.
Ryan Paisey
Ryan Paisey
Thursday, 09/11/2023 | 13:04 GMT-0
09/11/2023 | 13:04 GMT-0
News

Goldman Sachs Boosts China Growth Forecast to 4.8%, Citing Government Easing Measures

Goldman Sachs Boosts China Growth Forecast to 4.8%, Citing Government Easing Measures

  • Goldman Sachs raises its China growth forecast to 4.8% for 2024 due to anticipated government easing, expecting a positive impact on the world's second-largest economy.
Ryan Paisey
Ryan Paisey
Thursday, 09/11/2023 | 12:54 GMT-0
09/11/2023 | 12:54 GMT-0
News

The @Newsquawk US Market Open: Equities boosted, DXY bid, US 10-yr >4.50%. Powell due

The @Newsquawk US Market Open: Equities boosted, DXY bid, US 10-yr >4.50%. Powell due

  • US equities gain momentum, DXY strengthens, bond yields surpass 4.50%; Fed's Powell scheduled to speak.
Ryan Paisey
Ryan Paisey
Thursday, 09/11/2023 | 12:03 GMT-0
09/11/2023 | 12:03 GMT-0
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