Germany HCOB Composite PMI above expectations (53.1) in February: Actual (53.2...
Agency 63
MUFG’s Head of Research Derek Halpenny notes the Japanese Yen (JPY) is starting to benefit as risk aversion rises and the US Dollar still leading G10 performance...
The Indian Rupee (INR) declines against the US Dollar (USD), extending its losing streak for the fifth successive session. The USD/INR pair reached a fresh record high of 92.67 during the Asian hours on Wednesday...
France HCOB Composite PMI meets expectations (49.9) in February...
Bouygues Energies & Services Contracting is now Equans Sci-Tech...
Galliford Try has won a £16.1m contract to rebuild St Helens Primary School in Hartlepool for the Department for Education (DfE) and the Northern Lightings Learning Trust...
After Docklands and Nine Elms, the Ballymore-Penta joint venture’s third scheme will be in west London...
A Wates’ housing regeneration scheme has secured planning permission in Romford...
National Highways has chosen three contractors for its £968m legacy concrete roads reconstruction framework...
TLDR: STRC faces a major tailwind as U.S. money market funds lose $233.7 billion annually from a projected 300bps rate drop STRC pays 11.25% annually with $2.25 billion in cash reserves covering over 2.5 years of dividends at 5.6x overcollateralization A 0.5% rotation from money markets into STRC could generate $2–$4 billion, funding the purchase