As we step into January 2025, the municipal bond market shows signs of resilience amid a complex economic backdrop. Recent activity indicates that municipals have firmed up, primarily influenced by the anticipation of a robust issuance calendar that tops $5 billion. In contrast, U.S. Treasuries have exhibited modest declines, while equity markets are gaining traction.
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The District of Columbia’s financial situation has recently shown a surprising uptick, with an estimated revenue increase of $169.7 million compared to forecasts made in September. This shift can primarily be attributed to one-time legal settlements and year-end accounting adjustments tied to previous fiscal recoveries, as noted in a letter from Glen Lee, the city’s
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The US dollar has evidenced notable fluctuations in recent trading sessions, but as of Friday, it appears to be on a path toward a strong weekly performance. Speculation surrounding the robust nature of the US economy has played a significant role in this trend, particularly with investor expectations surrounding Federal Reserve actions. Market indicators have
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Bitcoin has shown remarkable resilience in recent times, bouncing back from a challenging price decline witnessed during the New Year’s period. The renewed interest by traders comes in the wake of an evolving regulatory outlook in the United States, particularly under the administration of President Donald Trump. This forecasting provides investors with a sense of
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The Asian currency markets are currently witnessing a period of stagnation and low volatility, heavily influenced by the fluctuating strength of the U.S. dollar. This week, traders are adjusting their positions in response to projections suggesting a more gradual approach to interest rate cuts by the Federal Reserve, anticipated for 2025. The absence of significant
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