Public Markets 3d Briefing
×Markets & Deals
The S&P 500 dropped 1.2% wsj.com in its worst week since June, reflecting persistent volatility. Entrata bloomberg.com is working with Goldman Sachs and JPMorgan on an IPO, signaling continued deal activity. Meanwhile, India’s National Highways Authority bloomberg.com plans an infrastructure investment trust IPO seeking up to $656 million. Blackstone bloomberg.com is positioning Liftoff Mobile for an IPO, highlighting private equity interest in tech.
Macro & Policy
Japan may intervene to buy yen bloomberg.com amid speculation over its growth trajectory. Taiwan’s pension fund bloomberg.com is expanding overseas mandates, seeking asset managers to invest abroad. Ecuador bloomberg.com eyes a $4B bond sale, while China’s AI listings bloomberg.com create analyst coverage gaps. Turkey’s central bank bloomberg.com paused rate cuts due to energy costs from the Iran conflict, threatening disinflation.
Geopolitics & Markets
The Middle East conflict wsj.com is reshaping markets, with Asian stocks bloomberg.com extending losses. Gold bloomberg.com hit a 16-week high as risk-off sentiment grew. Oil wsj.com rose amid supply disruption fears, while Asian government bonds wsj.com sold off. Japan’s 10-year bonds bloomberg.com drew steady demand, offering some relief.
Corporate Activity
Frantic Vance yahoo.com faced backlash over Iran war comments. JPMorgan bloomberg.com is handling the Electronic Arts buyout debt deal. XRP whales finance.yahoo.com hold 83.7% of supply, while Tesla’s Cybertruck finance.yahoo.com price dropped. Caisse de Depot bloomberg.com missed return benchmarks despite private credit gains.
Global Finance
Singapore bloomberg.com may revise GDP outlook due to the conflict. UK’s Starmer bloomberg.com urged diplomacy. Goldman Sachs bloomberg.com warned US stocks face a "painful" path. RBA Governor Bullock investing.com flagged a possible March rate hike. China’s yuan bloomberg.com rallied as the PBOC signaled comfort with appreciation.
Market Reactions
Defense stocks bloomberg.com surged amid Middle East attacks. Goldman traders bloomberg.com saw opportunities in Asia. UBS bloomberg.com and JPMorgan bloomberg.com boosted Singapore’s gold hub ambitions. Bond markets wsj.com reacted to inflation fears from the conflict.
Key Developments
Iran’s IRGC yahoo.com dominates the economy. US LNG producers ft.com rushed to capitalize on gas price surges. Saudi and Egyptian stocks bloomberg.com slumped. Qatar LNG halt bloomberg.com spiked coal prices. China’s AI boom bloomberg.com left investors "flying blind."
Final Notes
Turkey’s pause bloomberg.com on rate cuts signals policy shifts. RBA’s rate hike investing.com possibility emerged. Goldman’s Moe bloomberg.com assessed oil’s impact on Asian earnings. China’s yuan bloomberg.com rallied post-NPC. Iran conflict bloomberg.com risks prolonged market disruption.