• 11/15/2024

Macro Fundamentals to Support Greek Bonds Vs. Italian Bonds

Wall Street Journal Greek government bond yields are expected to trade consistently below Italian bond yields by the end of 2023 given strong macro and fiscal fundamentals and the high probability of Greece achieving investment grade rating by early 2024, J.P.Morgan said. https://www.wsj.com/articles/germanys-2038-2040-dated-bunds-look-cheap-ahead-of-auction-9c05cfe2

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UK Inflation Falls Less Than Expected

Wall Street Journal U.K. consumer prices increased 8.7% in April, kept elevated by rising food prices, and the closely watched core rate unexpectedly rose, indicating that the Bank of England may need to raise interest rates again. https://www.wsj.com/articles/uk-inflation-fell-less-than-expected-to-8-7-in-april-1b9dd32d

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Hong Kong and Guangdong will deepen cooperation to boost high-quality growth in Greater Bay Area, John Lee says

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Hong Kong and Guangdong are deepening cooperation to enhance high-quality development of the Greater Bay Area. The two sides have announced a slew of business and trade activities to drive growth. https://www.scmp.com/business/china-business/article/3221643/hong-kong-and-guangdong-will-deepen-cooperation-boost-high-quality-growth-greater-bay-area-john-lee?utm_source=rss_feed

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Russia trying to improve discipline in its army, but the issue is getting worse – UK intelligence

Pravda Ukraine The UK MoD has reported problems with discipline in the Russian army, which worsened after the start of forced conscription last year. Source: UK Defence Intelligence, as reported by European Pravda Details: UK analysts say that credible investigations by independent Russian journalists suggest that Russian military courts dealt with 1,053 cases of unauthorised…

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Segezha Group divests European subsidiary for debt assignment

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The sale was the only option to keep the business operating because Segezha was unable to ship paper to the European subsidiary because of sanctions https://tass.com/economy/1622101

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Taiwan shares close down 0.18%

Taipei, May 23 (CNA) Taiwan shares ended down 28.71 points, or 0.18 percent, at 16,159.32Wednesday on turnover of NT$225.974 billion (US$7.34 billion). https://focustaiwan.tw/business/202305240007

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Highway 10 to open to travelers during Shavuot

Jerusalem Post https://www.jpost.com/breaking-news/article-744048

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New Chinese ambassador arrives in United States

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. According to Xie Feng, the relationship between China and the United States was faced with serious difficulties and challenges https://tass.com/world/1622099

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Beijing’s special envoy discusses resolving “Ukrainian crisis” in Paris

Pravda Ukraine During his visit to Paris, Li Hui, the Chinese government’s special representative for Eurasia, has discussed the political settlement of the “Ukrainian crisis” with Frédéric Mondoloni, Director General for Political and Security Affairs of the French Foreign Ministry. https://www.pravda.com.ua/eng/news/2023/05/24/7403581/

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Russia-China relations at an unprecedented high level, Moscow says

Jerusalem Post https://www.jpost.com/breaking-news/article-744047

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