AGP Executive Report
Last update: 4 hours agoMarkets Mood: Investors stayed on edge as global bonds sold off and yields climbed, with US 10-year Treasuries hitting 2025 highs near 4.8% and other major government bond rates also rising. Central Banking/Rates: Russia set the euro at 100.5988 rubles and kept limits on foreign-currency cash withdrawals through March 9, 2027, while Russia also scheduled an OFZ auction for Sept. 2. Payments & Banking Tech: Russia’s MTS Bank rolled out a universal QR code for offline and online retail, and Sber expanded universal payment code support on biometric terminals, including options like digital rubles and fast payments. Corporate Finance: Manulife priced $750m of 6.146% subordinated notes due 2041, targeting Tier 2 capital treatment. Crypto Investing: Spot XRP ETFs pulled in about $1.6–$1.8bn in cumulative net inflows, with advisers leading buying in 13F filings. Investor Legal Watch: Multiple securities-fraud class-action notices continued, including for Dick’s Sporting Goods, Innventure, GoDaddy, Taboola, and others, with lead-plaintiff deadlines in September/October. Policy/Investment Climate: Brazil’s Congress approved tax exemptions for data-center equipment to attract new investment, while Kuwait allowed the government to borrow from its sovereign wealth fund to support state finances.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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