A German bank is making negative headlines for its investments in US commercial property. While many European banks have avoided these assets on a grand scale, Deutsche Pfandbriefbank has embraced them. What comes next?
Covered supply peters out as issuers get mixed responses ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
CBA and Commerzbank set the tone for covered rush ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
Risk sentiment seems to be recovering this morning with all but Japanese equities higher in Asia. Euro is marginally higher against the dollar and weaker versus the Nordic currencies. Brent oil is range-trading at the 74-75 level. The dramatic events in Russia over the weekend have not led to big market moves, at least not yet. Rates markets currently price in one more hike for the Fed by November and 47bp worth of hikes by the ECB by December.