The South African rand extended gains against the US dollar to 1%.
Bank of America: So far this year, U.S. Treasury debt has flowed in at $147 billion.
Bank of America: The Bank of America bull/bear indicator fell to 3.4 from 3.6, hurt by outflows from emerging market debt, high-yield bonds and long-term developed market holdings, but record long hedge fund positions in 2-year Treasuries rose To counteract the effect.
Bank of America: The bond market has seen inflows for 26 consecutive weeks, while European stock markets have experienced outflows for 28 consecutive weeks.
Bank of America: Cash inflows have reached $1 trillion so far this year, and investors are cautiously &quot;waiting for profits.&quot;
Bank of America: In the latest week, bond inflows were US$2.5 billion, cash market outflows were US$4.3 billion, and gold market outflows were US$300 million.
Bank of America: According to EPFR data, stock market outflows reached $16.9 billion in the latest week, the largest weekly outflow since December 2022.
The German 10-year government bond yield has recovered and is now at 2.752%.
Market news: Citigroup (CN) warned UK staff that hundreds of job cuts may be possible.
Market news: Citigroup (CN) informed UK employees of possible layoffs.
Russia-backed Crimean officials say Russia shot down a missile in Crimea.
The Dutch government lowered its forecast for 2023 funding needs to 74.9 billion euros.
Swiss National Bank: Appoints Antoine Martin as new member of the Governing Council.
Ukraine has suspended plans to ban the import of certain goods from neighboring countries, officials said, citing positive signs.
JPMorgan Chase: Lowered its quarterly GDP growth forecast for the euro zone in 2023 from 0.6% to 0.5%.
The U.S. Financial Stability Oversight Council (FSOC) met on Friday to discuss the designation process for systemically important financial institutions (SIFIs).
Market news: The head of the port city of Sevastopol on the Crimean Peninsula said that the fleet headquarters was attacked.
JPMorgan Chase: Crude oil prices are expected to reach $100/barrel in the long term.
French trade group Sucden: India may produce 28.6 million tons of sugar in 2023-24.
French trade group Sucden: Global sugar prices will remain strong due to lower production in India.