Factor portfolios are typically created by equal weighting stocks. The impact of single stocks is therefore reduced compared to market-cap weighted indices. The FAANG stocks impacted factors differently.

INEOS Quattro: Moody's only stabilizes outlook on Ba3 CFRBuy the SYTRO 3.75% 7/26 at Z+324bp. Volvo Car: Full-year guidance confirmed after strong 1H21buy the green VOVCAB 2.5% 27 at 109.9.

Turkey has extended enhanced debt-restructuring legislation first put into effect in July 2019 for an additional two years, according to official Decree 4299 published in the Official Gazette on 14 July, as allowed under the original framework. Separ...

FX markets watched the ECB closely, taking in comments by the ECB President Christine Lagarde before making a further call on the outlook for the dollar. It is also instructive to note that the cash price of copper over its 3m equivalent has widened ...

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed con....

Iran inaugurated an oil pipeline that circumvents the Strait of Hormuz on 22 July. Assuming there is ultimately progress on negotiations with the US over the nuclear deal, this modestly reduces the risk to long-term global oil supply and, from an Ira...