article thumbnail

Sovereign Ratings, Default Risk and Markets: The Moody's Downgrade Aftermath!

Musings on Markets

Since the ratings downgrade happened after close of trading on a Friday, there was concern that markets would wake up on the following Monday (May 19) to a wave of selling, and while that did not materialize, the rest of the week was a down week for both stocks and US treasury bonds, especially at the longest end of the maturity spectrum.

Marketing 116
article thumbnail

Southeast Asia's IPO market poised for rebound in 2025

Future CFO

The future of the initial public offering (IPO) market in the Southeast Asian region comes with expected interest rate cuts alongside easing inflation may create a more favourable environment for IPOs in the years ahead, according to Deloitte. The post Southeast Asia's IPO market poised for rebound in 2025 appeared first on FutureCFO.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Webinar: FX Hedging in Highly Volatile Markets: Tools & Tactics for Taming Currency Risk | May 21

Strategic Treasurer

Attendees will learn leading practices for identifying currency exposures, executing effective hedges, and optimizing strategies to mitigate FX risk. Access Free Resources The post Webinar: FX Hedging in Highly Volatile Markets: Tools & Tactics for Taming Currency Risk | May 21 appeared first on Strategic Treasurer.

article thumbnail

Latin America Adopts Dual Currencies

Global Finance

During his campaign, Argentine President Javier Milei promised to close the countrys central bank and adopt the dollar as the countrys currency. According to Leoni, dollarization should be a temporary solution, as the main economic problems are not solved by controlling only the currency emissions. However, there are pros and cons.

article thumbnail

Consolidation Solution Checklist

Mid-market companies have been forced to rely on standalone Excel and Tylenol for too long. This checklist covers: Integration of Data Currency Translation Intercompany Eliminations Partial & Cross Ownership Multiple Reporting Standards Financial & Management Reporting

article thumbnail

Hossam Heiba, CEO of Egypt’s Investment Authority, On Economic Reforms And A Growing Private Sector

Global Finance

From a monetary perspective, traditionally Egypt was focused on fixing the foreign currency and protecting the Egyptian pound. Since March 2024, we have been focused on the inflationary effect, currency pricing is set according to market dynamics and so far, it has proven very successful.

Economics 105
article thumbnail

Nigeria: Automation Will Add Forex Transparency

Global Finance

Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency and liquidity in its currency markets. This shift is expected to level the playing field, reducing opportunities for bias and favoritism in foreign currency allocation.