Wall Street to Move Up on Fed Support Package, European Equities Trade Positive
News of US Fed's $2.3 trillion support package aimed at strengthening local governments and SMEs greatly helped improve risk sentiment in the market.
April 2020
US Dominates Global Fixed Income Market
SIFMA put out a report and found that the US has almost 40% of all global fixed income, and it is 1.9 times bigger than its next biggest competitor.
Equities Terminate Rebound Rally on COVID-19 Cues, Wall Street to Trade Positive on Trump’s Comment
European COVID-19 death toll halts recovery rally. Trump comments on COVID-19 peaking to keep Wall Street trading positive.
Wall Street to Move Up on Fed Support Package, European Equities Trade Positive
Fed Powell speech and US Jobless claims in focus.
SEC Office of Compliance Inspections and Examinations Publishes Risk Alerts Providing Advance Information Regarding Inspections for Compliance with Regulation Best Interest and Form CRS
SEC’s OCIE issued risk alerts: Examinations that Focus on Compliance with Regulation Best Interest and Examinations that Focus on Compliance with Form CRS.
Asian Markets Mixed, Crude Oil Higher
Asian markets finished mixed as the numbers of new cases and deaths in the US reached record highs. The crude oil price trades higher on hopes of a deal.
South African Reserve Bank: Press release on regulatory relief measures and guidance to the banking sector in response to COVID-19
The impact of the coronavirus disease 2019 (COVID-19) is likely to have a lasting and detrimental effect on the economy.
The Bank of England’s Term Funding Scheme with additional incentives for SMEs will open to drawings on 15 April 2020
The Bank of England is today announcing that the TFSME will open for drawings on 15 April 2020, sooner than previously anticipated.
Federal Reserve Board accepting applications for its Community Advisory Council
is accepting applications from individuals who wish to be considered for membership on the Community Advisory Council (CAC).
Fed: Agencies announce changes to the community bank leverage ratio
The federal bank regulatory agencies today announced the issuance of two interim final rules to provide temporary relief to community banking organizations.
Equities Continue To Rebound On COVID-19 Easing Cues, Wall Street To Continue Rebound Activity
Wall Street set to build on the previous session’s positive price momentum over easing COVID-19 cues and impact from the 4th economic support bill.
CFTC Issues COVID-19 Customer Advisory on Fee Scams
CFTC today issued a Customer Advisory informing the public to be on alert for frauds seeking to profit from recent job losses due to the COVID-19 pandemic.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.