Currencies
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Middle East conflict postpones deals but euro market flexes its strength with more deals set for next week
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Dollar market shows first signs of life for global FIG issuance
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Bank issuance expected to resume next week in euros after corporates, dollar market lead
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Tranches in dollars and yen attract 12 banks
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Thursday day saw a deluge of dollar funding supply led by US oilfield services firm Baker Hughes
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A corner of the UK market has provided one of the few pain trades so far since war broke out in the Middle East
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Leverage from Warner Bros purchase could make return to investment grade a mission impossible
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A dozen Middle East bonds postponed as Iran conflict flares
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HSBC and SEB opt for senior funding in dollars as Deutsche Bank turns to renminbi
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Most European lenders have limited exposure to the region, but analysts say energy shocks are the bigger risk for bank credit
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◆ First SSA dollar benchmark since February 24 ◆ Rival bankers highlight book size ◆ Swap spreads impact levels
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◆ Over €5bn in Reverse Yankees placed on Thursday ◆ More IG corporate bonds to follow, including potential Friday deals ◆ Volatility makes spotting new issue premiums tricky