In early 2026, China’s strong demand for silver pushed overseas silver purchases to their highest level in eight years, as importers met the surging industrial and investment demands. According to data released by China’s customs on Friday, as the world’s largest metal buyer, China imported over 790 tons of metals in the first two months […]
BlackRock wrote down the value of a private loan to zero by the end of 2025, having valued it at 100 cents just three months earlier. This marks the second sudden and significant loss for its private credit division in recent times. BlackRock TCP Capital’s fourth-quarter earnings report released last week revealed that a roughly […]
Federal Reserve Chair Jerome Powell made it clear that the Fed will not cut interest rates again until inflation starts to cool. And this doesn’t even take into account the possible impact of the war in the Middle East. At Wednesday’s press conference, Powell emphasized that it is still too early to assess the impact […]
US President Donald Trump said that he “demanded” other countries contribute to the defense of the Strait of Hormuz because the strait is still effectively closed to oil tankers. “I really do ask these countries to step up and protect their own territory,” he told reporters on Air Force One on Sunday, but declined to […]
Despite the soaring oil prices causing traders to scale back their bets on how much the policymakers will lower borrowing costs this year, Morgan Stanley still holds firm to its prediction that the Federal Reserve will resume cutting interest rates in June and do so again in September. “We still expect in June and September, […]
After the dollar weakened, the price of gold changed little as traders weighed how to contain the oil supply shock triggered by the war in the Middle East. Gold prices approached $5,000 an ounce in early trading, after falling 0.3% in the previous trading day. Oil prices rebounded after falling on Monday as investors assessed […]
Goldman Sachs strategists say there is still room for the US stock market to rise, and they expect the S&P 500 index (SP500) to reach 7,600 by the end of 2026 as corporate earnings expand and the economy continues to grow moderately. The bank expects the earnings per share of S&P 500 index component companies […]
Deutsche Bank has pointed out that it has a risk exposure of 26 billion euros (30 billion US dollars) in the private credit sector. This asset class is currently facing issues such as fund redemptions, reviews of underwriting standards, and the impact of artificial intelligence on some borrowers like software manufacturers. According to the annual […]
After investors sought to redeem an amount far exceeding the fund’s allowable redemption limit, Morgan Stanley and Cliffwater LLC restricted the redemption amount of their multibillion-dollar private credit fund. Cliffwater’s flagship private credit fund, which has assets of $33 billion, limited redemptions to 7% in the first quarter after investors had sought to withdraw a […]
The Wall Street Journal reported that the International Energy Agency proposed releasing the largest-ever amount of oil reserves in an effort by governments to curb the soaring energy prices caused by the war in the Middle East. According to the report, citing informed officials, the proposed release plan circulated at the emergency meeting of energy […]