USOI News

On May 1, 2020, Credit Suisse declared coupon payments for the following ETNs:

  • Western Europe's biggest oil producer, Norway, is voluntarily joining international efforts to cut supply for the first time in almost two decades.
  • "We will cut production by 250K barrels per day in June and by 134K bps in the second half of 2…

NEW YORK, May 5, 2020 /PRNewswire/ -- On May 1, 2020, Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 4/30/20 Ex-Date Record Date Payment Date Coupon Amount per ETN Coupon Frequency Current Yield1…

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Credit Suisse Group AG and other ratings that are associated with the same analytical unit. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

Moody's Investors Service, ("Moody's") has assigned definitive ratings to two classes of notes issued by Mortgage Repurchase Agreement Financing Trust, Series 2020-1 ("MRAFT 2020-1"). Mortgage Repurchase Agreement Financing Trust (Issuer), has issued its eight series (MRAFT 2020-1) backed by a revolving warehouse facility with an expected repayment date of April 30, 2021. In addition, the Buyer's Administrator (Credit Suisse) will also have the right to alter the capital structure of the Issuer in order to divide a series of notes into one or more classes or categories ("Rebalancing").

On May 1, 2020, Credit Suisse declared coupon payments for the following ETNs:

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Credit Suisse AG and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.

  • The count of active U.S. drilling rigs dropped by another 34 to 374, on top of a decline of 121 over the previous two weeks, for the seventh consecutive decline in Baker Hughes'

  • Market forces have "demonstrated their power" in recent weeks, according to the IEA, but a resurgence of coronavirus cases will have "major consequences."
  • In its closely-watched monthly

Low interest rates, inflation concerns, and general economic turmoil have led to renewed interest in gold as a risk hedge.GLDI offers investors the opportunity to make income on their gold position by executing a covered call strategy.I analyze why GLDI can d…

Moody's Investors Service (Moody's) has affirmed the Aa3/VMIG 1 to Floater Certificates and Aa3 to Residual Certificates of the Tender Option Bond Trust (Credit Suisse Liq.), Floater and Residual Certificates, Series 2018-XL0057 (the Certificates) in connection with the issuance of substitute liquidity facility to be provided by Credit Suisse AG (the Bank). Upon the effective date of the substitute liquidity facility currently scheduled for September 26, 2019, the long-term ratings of the Certificates will continue to be based upon the long-term rating of the underlying bonds, State of Ohio Turnpike Junior Lien Revenue Bonds, 2018 Series A (Infrastructure Projects) (the Bonds), deposited into the trust.

Moody's Investors Service, ("Moody's") has assigned provisional ratings to two classes of notes issued by Mortgage Repurchase Agreement Financing Trust, Series 2020-1 ("MRAFT 2020-1"). Mortgage Repurchase Agreement Financing Trust (Issuer), has issued its eighth series (MRAFT 2020-1) backed by a revolving warehouse facility with an expected repayment date of April 30, 2021. In addition, the Buyer's Administrator (Credit Suisse First Boston Mortgage Capital LLC) will also have the right to alter the capital structure of the Issuer in order to divide a series of notes into one or more classes or categories ("Rebalancing").

  • Gainers: Direxion Homebuild & Suppliers Bull 3X (NYSEARCA:NAIL+46.5%.
  • Etracs 2X …

(Bloomberg) -- Credit Suisse Group AG is doubling down on an oil trade linked to a fund at the epicenter of the historic price crash.The Swiss bank is cashing in on the infamy of the U.S. Oil Fund LP, known as USO. It’s issuing fresh shares in a note that let…

Moody's Investors Service, ("Moody's") has assigned provisional ratings to two classes of notes issued by Mortgage Repurchase Agreement Financing Trust Notes, Series 2020-2 ("MRAFT 2020-2"). Mortgage Repurchase Agreement Financing Trust (Issuer), has issued its ninth series (MRAFT 2020-2) backed by a revolving warehouse facility with an expected repayment date of November 29, 2020. In addition, the Buyer's Administrator (Credit Suisse First Boston Mortgage Capital LLC) will also have the right to alter the capital structure of the Issuer in order to divide a series of notes into one or more classes or categories ("Rebalancing").

Rating Action: Moody's affirms Credit Suisse AG's A1 senior unsecured debt and deposit ratings; outlook changed to positive. Global Credit Research- 02 Dec 2019. Baseline Credit Assessment affirmed at ...

  • Gainers: Direxion Daily MSCI Mexico Bull 3X Shares (NYSEARCA:MEXX+30.1%.
  • Direxion S&P Biotech Bull …

  • Gainers: Natural Gas -3X Inverse ETN Velocityshares (NYSEARCA:DGAZ+41.4%.
  • Microsectors -3X U.S. …

  • The weekly tally of active drilling rigs in the U.S. plunges again, this time by another 35 to 339, following a decline of 155 rigs over the previous three weeks, according to the

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Credit Suisse AG and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.

  • U.S. drilling rigs tumble by another 21 to 318, Baker Hughes says in its latest survey.
  • U.S. oil drilling rigs fell by 21 to 237, its 10th consecutive wee…

  • Carl Icahn says we won't see crude prices in negative territory again, but it is sure looking more likely by the day.
  • WTI

Bank of America believes that the S&P 500 will close 2019 unchanged, but see dividend payers as superior to bonds for the short and long terms.

  • The count of drilling rigs active in the U.S. falls by 57 on top of last week's decline of 64, dropping the total to 408 for the sixth consecutive decline in Baker Hughes'