JCB find the YieldReport to be an invaluable summary of all debt market activity. Whilst we are focussed on the highest grade bonds it is important to see what is..Angus Coote, Executive Director, JCB Active Bond Fund
Australian shares are set to open modestly higher with April retail sales in focus for local investors. ASX 200 futures rose 0.1 percent while the UK and US markets remained closed for holidays. Nasdaq 100 futures hit a record high of 14,500.
Oil prices rebounded with attention on an OPEC+ supply meeting and increased US demand at the start of the summer driving season. Metals rallied with gold, silver, platinum, and copper all higher. The Australian dollar gained 0.5 percent to US66.57¢, supported by higher commodity prices and a lift in US equity futures, according to National Australia Bank.
On Tuesday, Alumina and Neuren Pharmaceuticals will host AGMs while Elders trades ex-dividend. Healthscope is struggling with private debt funds, causing stress for unitholders. Lendlease faces challenges as its global ambitions unravel after decades of growth.