JPMorgan Chase

ADB issues $3 billion five-year global benchmark bond

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ADB issues billion five-year global benchmark bond

Manila: The Asian Development Bank (ADB) returned to US dollar bond market with the pricing of a three billion dollars five-year global bond proceeds of which will be part of ADB’s ordinary capital resources. “We looked at the post-summer issuance window and saw an opportunity to add a new five-year to our global benchmark curve,” … Read more

As gold smashes records, forecasters ask whether peak is near

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As gold smashes records, forecasters ask whether peak is near

By Elena Mazneva and Justina VasquezGold has just smashed a record, and every major bank agrees that it’ll cross $2,000 an ounce. What happens next is where forecasts diverge. JPMorgan Chase & Co. says the rally that has already seen prices rise 27% in 2020 could start to lose steam later this year. Goldman Sachs … Read more