Public Markets 3d Briefing
×Market Moves
The S&P500 fell 1.2% ft.com, marking its first two-week loss since June, as volatile trading weighed on investor sentiment. Entrata bloomberg.com is working with Goldman Sachs and JPMorgan on an IPO, signaling continued deal activity. Meanwhile, Hong Kong’s top developer bloomberg.com reported higher first-half profit, reflecting the city’s real estate recovery.
Macro & Policy
Japan may intervene to buy yen bloomberg.com amid speculation over its currency’s stability. Ecuador investing.com is eyeing a $4B bond sale, aiming to bolster its foreign reserves after a bruising 2023. Bailey bloomberg.com launched a fresh bid to smooth cross-border payments, acknowledging the "unlikely" chance of countries meeting prior goals.
Deals & M&A
Subsea 7 investing.com Q4 EBITDA jumped 51%, with FY25 FCF beating estimates and the dividend topping views. Hong Kong’s biggest property developer bloomberg.com recorded growth in first-half profit, another sign of the city’s recovery. LSEG bloomberg.com CEO David Schwimmer discussed a £3 billion buyback, responding to Elliott pressure.
Corporate Performance
LSEG bloomberg.com CEO David Schwimmer also emphasized AI’s role, stating models are "only as good as data going in." Munich Re investing.com missed Q4 profit forecasts due to FX headwinds but beat solvency targets. Man Group bloomberg.com CFO expressed confidence in 2026, as assets hit a record.
Economic Indicators
The Japanese government expects interest payments to double by 2029 as BOJ rate hikes push borrowing costs higher. Thailand bloomberg.com’s sticky dates are boosting exports, while India bloomberg.com is holding Russian oil amid tariff uncertainties. Australia bloomberg.com exporters brace for Trump policy shifts.
Market Commentary
Bitcoin investing.com rebounded to $68k on bargain buying, while Ethereum wsj.com futures hit new highs. The S&P 500 wsj.com ended lower after volatile trading, with investors eyeing Nvidia earnings. WPP bloomberg.com plans £500 million in annual cost cuts, slashing its dividend as it seeks turnaround.
Final Note
China ft.com’s latest chip push and AI fever in India drive tech trends. Tesla investing.com delivered record Q4 profit, while Ford bloomberg.com posted a heavy loss on EV charges. Uber finance.yahoo.com is expanding AI services to triple profit by 2028.