The few analysts still warning about US market downturn say investors have embraced ‘fanatical thinking’
Fund manager expects political gridlock and market discipline to limit ‘meaningfully’ what Rassemblement National can do
Central bank concerned that risks in sector backing 2mn UK private-sector employees could spill over to rest of economy
Holders of senior notes backed by UK shopping centres, German housing units and French offices to be hit, say analysts
Hedge funds cut bullish bets as seasonal rains improve production outlook in Ghana
Inclusion of country’s debt in major benchmark could fuel market volatility, analysts warn
The evidence for the effects of so-called reverse hysteresis are mounting
Gilt yields are ever more in the eye of the beholder
And more on deficits and stocks
Investors betting on a normalisation of relations between Maduro and the west may be disappointed
Reducing the deficit is likely to reduce both stock prices and corporate profits
Williams set to escalate dispute with rival Energy Transfer through lawsuit for ‘anti-competitive’ actions
Growing dependence gives Moscow more leverage over European crop production
Industry leaders say concerns over impact of technology are outweighing benefits such as productivity gains and cost cuts
Manila pitches itself as alternative for western countries seeking to diversify sources of EV battery material
Regulators on watch as exchange closing auctions suck up daily share trading volumes
The $10.5tn money manager emphasises investor choice after a backlash to its advocacy for sustainable investing
Geopolitical risks dominate, along with worries about the UK market and the impact of elections
Silicon Valley start-up that rents out servers powered by chip giant seeks to capitalise on investor interest
Banks said they would return excess capital to shareholders after Fed concluded they could withstand a severe downturn
Some investors are nervous that much of the rally has been driven by a few ‘megacap’ tech companies
Saba Capital founder argued funds underperformed competitors and traded at a discount to their asset values
Political powers in France and UK need to demonstrate competence that keeps markets on side
Fast-fashion group’s ambition of listing in London is facing scrutiny in UK and China
Paris’s Cac 40 stock index on course for worst quarter in two years
Poor harvests hitting production have forced up the cost of key ingredient
Renewed optimism despite outflows from greener funds
Plus, updates on a Solana ETF and Jump Crypto
Special measures will be needed if London’s renaissance is to include a revival of smaller stocks
Also in today’s newsletter, US shareholder meetings show a mixed picture on sustainability
FATF decision set to give international investors more confidence about country’s assets
Macron madness rings my contrarian bells
Industry observers are expecting stock lending to increase in the short term as managers seek to cover short positions
Britain’s biggest steelmaker also challenges validity of Unite ballot on industrial action
International Edition
