Traders added 20 basis points of Fed tightening expectations after April PPI jumped 6% year-on-year, the highest since 2022. A sharper-than-expected 6% year-on-year rise in US April Producer Price Index (PPI) triggered a hawkish repricing of Federal Reserve policy expectat
US equity futures rise modestly ahead of key retail sales data and US-China trade talks, with tech leading gains. Dow Jones futures climbed 0.30% to 49,950 in European trading Wednesday, supported by a broader tech rally. The S&P 500 futures added 0.19% to 7,480, while Nas
Dow, S&P 500, and Nasdaq 100 futures rise as tech stocks lead gains before key US economic reports. US stock futures climbed in early European trading, with the Dow Jones up 0.30% near 49,950, as technology shares extended a rally. The S&P 500 futures gained 0.19% to 7,480
Encore Capital increases note offering to €325M Encore Capital Group has increased its European note offering to €325.0 million. The company initially planned to offer €300.0 million in senior secured floating rate notes due 2033. The notes will have a coupon rat
XAG/USD consolidates below $90 after traders reduce bets on imminent Federal Reserve easing this week. Silver prices stalled near $87 in European trading, retreating from a two-month high as markets scaled back expectations for Federal Reserve rate cuts. XAG/USD failed to
UK GDP and manufacturing output exceeded forecasts in March, limiting further declines in the Euro against the Pound. The Euro traded flat around 0.8660 against the British Pound on Thursday, stabilizing after recent losses. UK economic data showed stronger-than-expected G
UOB economists caution against GBP/USD downside risks after a brief drop below 1.3490, forecasting consolidation near-term. The British Pound remains under pressure against the US Dollar as UOB economists highlight lingering downside risks. GBP/USD briefly fell to 1.3485 b
The dividend on Manulife’s NONCUM PF1 SER11 shares yields 4.32% and is payable June 19 to holders of record May 29. Manulife Financial has declared a CAD 0.3849 per share quarterly dividend on its NONCUM PF1 SER11 preferred shares. The payment represents a forward yield of
CCAP announces a reduced quarterly payout and a special $0.09 dividend amid undistributed taxable income adjustments. Crescent Capital BDC (CCAP) reduced its quarterly dividend to $0.34 per share, a 19% decrease from the prior $0.42 payout. The move reflects adjustments to
The payout yields 4.4% and will be distributed to shareholders of record on May 29, with payment on June 19. Manulife Financial’s preferred shares Series 13 (MFC.PR.K:CA) announced a quarterly dividend of CAD 0.3969 per share. The dividend offers a forward yield of 4.4% ba