Money markets

JPMorgan debuts first money market fund tokenised on Ethereum

MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain

The US dollar may be increasingly questioned, but no serious alternative has emerged to unseat it.

The US dollar endures, but for how long?

Reports of the currency’s demise are greatly exaggerated

Brics currencies have been mentioned, but a common Brics currency backed by gold was off the agenda at the July Brics summit in Rio de Janeiro.

Brics currencies are no realistic alternative to the US dollar

Discussions about de-dollarisation fall short when it comes to finding a credible replacement

Fixed income funds have seen more interest from investors of late, though analysts believe some Asian equities are up and coming.

Volatility is set to stay. Here’s where investors can put their money amid wild market swings

Many have already rushed into safer, lower-risk options such as fixed income offerings

ETFs have steadily taken over vast parts of the securities business in part because they are easier to shift in and out of rapidly, making them a draw to individual investors.

BlackRock targets money-market fund business in new ETF push

BLACKROCK is throwing its weight behind an early push to bring exchange-traded funds (ETFs) to money-market investors.

Sales of bonds in the European primary market from governments, agencies and companies look set to reach record levels this week, with expectations for central banks to ease monetary policy this year.

Spain receives record 130 billion euros of bids for bond sale

Investors placed record orders for Spanish bonds on Wednesday (Jan 10), continuing a run of blockbuster debt sales in the European market at the start of 2024.

Germany’s 10-year bond yield, the benchmark for the euro area, fell to 2.029 per cent, its lowest since March.

Eurozone yields fall sharply after Fed and ECB, spreads tighten

Eurozone sovereign bond yields were sharply lower on Thursday (Dec 14) after ticking higher as the European Central Bank left rates unchanged and cut inflation forecasts.

The FCA proposals follow a recommendation from the BOE in October that the £250 billion-(S$422 billion) sterling money market funds sector, widely used by companies for day-to-day funding and parking cash overnight, needed to be more resilient.

UK plans higher liquidity requirements for money market funds

Britain’s Financial Conduct Authority (FCA) proposed new regulations for money market funds (MMFs) on Wednesday (Dec 6) which would significantly raise the minimum proportion of their assets that can ...

The price of the benchmark seven-day repos traded in the interbank market have hit a high of 2.8 per cent, the highest level since Oct 31.

China’s money market shows signs of liquidity tightness towards month-end

Cash conditions in China’s money market showed signs of tightness on Monday (Nov 27), as market participants grew cautious about month-end demand and a recent liquidity squeeze remained fresh in memor...