Sunset Monday, January 31, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Spanish January inflation numbers and German (regional) data soon sent the same message: European inflation won’t fall back as much as thought at the start of the year. The Spanish setback, related to Read more…
Monday, 31 January 2022 Please click here to read the PDF version Markets • US stock markets ended the week in the way they started: with serious volatility. Opening gains quickly faded into <1% declines before a furious late-session rally hurled the likes of the Nasdaq to more than 3% Read more…
Sunset Friday, January 28, 2022 Daily Market Overview Markets • Risk sentiment remains shaky with main European indices losing up to 2%. The EuroStoxx 50 does hold above the lows from the start of the week (4035) and the incoming mild uptrend line / neckline multiple top formation (4051). Losing those Read more…
Monday, 24 January 2022 Please click here to read the PDF version Markets • Key US equity indices lost another 2% on Friday and more importantly high-level support marks. The S&P fell below the neckline of a triple top formation at 4495, suggesting more downward potential towards the October low Read more…
Sunset Friday, January 21, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • European stock markets can’t escape the rot today. Main indices lose up to 2% and more. The EuroStoxx 50 trades below first support at 4231. A sustained break paves the way to the low Read more…
Friday, 21 January 2022 Please click here to read the PDF version Markets • Yesterday, investor confidence faded throughout the day and finally resulted even in a standard risk-off repositioning. A positive risk sentiment in Asia encouraged by the outlook for further PBOC easing initially only modestly inspired European investors. Read more…
Sunset Thursday, January 20, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Developments in Asia raised hopes that (equity) markets could enter calmer waters after recent setback. Chinese banks passing through recent PBOC easing and hope for more to come to some extent might mitigate Read more…
Thursday, 20 January 2022 Please click here to read the PDF version Markets • Yesterday morning it looked that EMU/German yields would catch up in the wake of the recent strong rise in US yields. The German 10-y yield moved temporarily into positive temporary for the first time since April Read more…
Sunset Wednesday, January 19, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • It finally happened: the German 10y yield turned positive for the first time since April 2019. For six hours. The most important European benchmark rate gapped at the open to 0.004% in a Read more…
Wednesday, 19 January 2022 Please click here to read the PDF version Markets • The new paradigm that dominates trading since the start of the year simply continued as trading resumed post Martin Luther King Day. Markets ever more see inflation as an obstacle to growth rather than a result Read more…