
Workassist
February 19, 2025 at 03:08 AM
*Global bits*
*U.S*.: S&P 500 hit a record close; Fed minutes awaited; foreign holdings of Treasuries fell.
*New Zealand*: Central bank cut rates by 50 bps to 3.75%, signaling more cuts.
*Australia*: Wage growth slowed despite low unemployment, supporting inflation decline.
*Canada*: Stocks rose as energy and financials gained; inflation inched up to 1.9%.
*Emerging Markets*: Investors poured $45B into debt, with $2B into Chinese stocks.
*Saudi Arabia*: Stock exchange expects a record year for listings.
*Gulf Markets*: Mostly rebounded despite U.S. tariff uncertainties.
*Japan*: BOJ signals gradual rate hikes as inflation nears 2% target.
*Brazil*: Issued $2.5B in 10-year bonds at a 6.75% yield.
*UK*: BOE Governor wants less bond yield volatility amid U.S. trade policy concerns.
*Ukraine*: Dollar bonds fell sharply as peace talks raised uncertainty.
*Europe*: Stocks hit record highs on earnings, defense spending, and trade hopes.
*Germany*: 10-year bond yield rose to 2.51% on government spending expectations.
*South Africa*: Rand weakened; unemployment fell to 31.9%; bond yields slightly down.
*Oil Markets*: Prices edged higher on U.S. and Russian supply disruptions.
*China*: Stock rally on Xi’s meeting with business leaders; lithium export controls tightened.
Source: Reuters
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