Download PDF Introduction Since its initial birth in medieval ages, and its formal establishment in the 20th century, in the past fifty Islamic finance has seen tremendous growth. In recent times Shari’ah-compliant bonds have been issued to many countries worldwide, including Nigeria, United Kingdom, and Malaysia. Nowadays, the Maldives are Read more…
Download PDF USA Major US indexes advanced this week, extending large gains achieved during the previous 5-day session, with the S&P 500 now back at a level last seen on February 10. The VIX continued pointing lower due to this positive trend, closing the week at just above 20. Investors Read more…
Download PDF USA US main indexes ended another week in red territory, with the S&P 500 down 1.27% and the NASDAQ Composite losing more than double this figure. The worst performers mainly pertain to the financial, technology and communication services sectors. The energy industry shined instead, yielding huge gains thanks Read more…
Download PDF USA Equities markets dropped for a second consecutive week following continued angst of a Russian invasion of Ukraine. Shelling in the border region prompted fears that Russia was fishing for a pretext for war and was exacerbated by U.S. President Joe Biden’s remarks that he is convinced that Read more…
Download PDF USA This week, the selloff in US equities, especially growth stocks continued. The most decisive event this week was the publication of inflation numbers this Thursday, which swung all indices but the S&P 500 Value Index into red territory after having started out the week with slight gains. Read more…
Download PDF USA A mixed performance in equities this week, as the inflation debate continues to bemuse investors. Indications of continued strong economic growth, such as the 1.7% monthly increase in retail sales, prompted the superior performance of consumer discretionary firms’ shares. The sector, which rose by 3.81% this week, Read more…
Download PDF USA The US stock rally came to an end this week when the S&P 500 registered its first decline after nine sessions, ending the longest positive since 2017. The US index fell 0.31% this week, after some shocking news. Dow Jones and Nasdaq composite followed suit, with losses Read more…
Download PDF USA U.S. equities rallied to new highs as the busiest week in earnings season came to an end, marking October as the best-performing month of 2021. The S&P 500 breached the 4,600 mark and closed 1.33% up on the week, at 4,605.38. The tech-heavy Nasdaq composite also reached Read more…
Download PDF USA The DJIA, S&P 500, and Nasdaq composite ended the week recording gains, despite weaker than expected U.S. jobs data, which brought about concerns over the recovery for the world’s largest economy. The DJIA and S&P 500 increased by 1.22% and 0.79% respectively, this week, while the Nasdaq Read more…
Download PDF USA A rough week for the American stock market ended with solid gains Friday. After rising Treasury yields were a headwind for much of the week, Friday’s sharp drop in the 10-year yield help spurs equities. Small caps led the way, with the Russell 2000 up 1.7%. For Read more…
Download PDF USA US indexes ended a busy week higher after recovering from a Monday crash caused by the contagion risks of Evergrande’s default. On Monday, the S&P 500 fell the most since May, though it pared some losses during the last hours of trading. Another important event was the Read more…
Download PDF In the previous article of our series, we highlighted the questionable use of cross currency swaps and concluded that this kind of window dressing techniques are a manifestation of the larger issue of problematic debt management on the sovereign entity scale. In this article, we delve deeper into Read more…
Download PDF USA Volatility is at lowest levels since pre-pandemic, indeed, the stock market ended a pretty stable week. Major indexes rose slightly mainly due to upbeat economic data and the beginning of the US earnings season, the financial sector kicked off with positive results from Wells Fargo, Goldman Sachs, Read more…
Download PDF USA US indexes ended the week higher, one of the reasons seems to be the minute of the Federal Open Market Committee, which spread positivity on the market. The S&P 500 and Nasdaq Composite kept their upward trend with the latter approaching the 14,000.00 level, a barrier surpassed Read more…
Download PDF Introduction – The Crisis of Greensill Capital Firms come and firms go, some find long-lasting success, while others start from bright start-up ideas but end up in the graveyard of business ideas in a matter of years. Greensill Capital had the potential to be in the first group, Read more…