Sanjay Asher, Senior Partner at Crawford Bayley & Co, states that there is a legal divide among international banks regarding their support for the Adani Group. Japanese and Middle Eastern banks seem supportive after thorough analysis, while some European banks like Barclays and Jefferies are cautious. Investors should view these developments from a medium to long-term perspective.
Beleaguered US bond market looks to job report for reprieve
While bearish wagers have been growing, the steep rise in yields since mid-September may mean that strong data will hurt the market less than weak