bad debts

Jonathan Rochford

February brought more gains for risk assets and safe haven assets. Equities rose in all major jurisdictions including the US (3.7%), Europe (2.8%), China (1.9%), Australia (1.6%) and Japan (0.4%). Credit made gains across high yield, emerging markets and investment grade. Commodities were mixed with iron ore (9.6%), gold (3.1%)... Show More

Mathan Somasundaram

Aussie market had a very negative day with US rate hike risk, falling currency, falling commodities and bank bad debt worries. Falling commodities, falling currency and US rate hike were the initial negatives, but the bears were running amuck as ANZ and WBC unleashed bad debt worries. We have been... Show More