February 11, 2025
United States:
US Small-Business Optimism Retreats From Highest Since 2018
US small-business optimism declined in January from a more than six-year high and a gauge of uncertainty climbed as companies weighed Trump administration policies and the Federal Reserve’s pause on interest-rate cuts.
The National Federation of Independent Business optimism index fell 2.3 points to 102.8 last month.
United Kingdom:
UK’s £13 Billion Bond Sale Smashes Records for Size, Demand
The UK sold a record £13 billion ($16 billion) of 10-year bonds after attracting the highest-ever demand for such securities from investors keen to lock in yields near multi-decade highs.
The government received more than £140 billion of orders for the new debt, which was sold via banks in a syndication, according to people familiar with the sale, who asked not to be identified as the matter is private.
Asia:
Chinese Investors Drive Hong Kong Rally With $19 Billion Inflow
Chinese investors are helping to drive a bull run in Hong Kong shares, plowing almost HK$150 billion ($19.3 billion) into the financial hub this year, more than seven times the amount they added during the same period in 2024.
That’s despite an earlier Chinese New Year holiday reducing the number of trading days this year.
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