Sunset Friday, May 20, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Coming straight from Investopedia: Bear market rally refers to a sharp, short-term rebound in share prices amid a longer-term bear market decline. It has an awful lot of similarities with the surges that Read more…
Friday, 20 May 2022 Please click here to read the PDF version Markets • European stock markets eventually lost 1.5% to 2% yesterday. Given WS’s performance on Wednesday evening, the damage remained “contained”. It’s nevertheless telling that stocks barely managed to show some form of intraday rebound following those steep Read more…
Sunset Thursday, May 19, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • With some good will, one could label this morning’s decline on Asian equity markets (mostly 1-2%) as ‘relatively modest’ given the WS sell-off. However, European trading soon made clear that this was no Read more…
Thursday, 19 May 2022 Please click here to read the PDF version Markets • A heavy selling wave on US stock markets eventually reversed intraday weakness on core bond markets while granting the dollar a push in the back. Main US indices ceded 3.6% (Dow) to 4.7% (Nasdaq). Retailers underperformed Read more…
Sunset Wednesday, May 18, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • ECB policy makers keep up the July rate hike rhetoric. ECB Muller, de Cos and Rehn were today’s chosen ones. Interestingly, more governors start talking about what could come next after an inaugural July Read more…
Wednesday, 18 May 2022 Please click here to read the PDF version Markets • Yesterday’s trading session turned out to be an interesting one. As on Monday, it started with a better risk mood in Europe with core bonds returning to sell-off mode after last week’s correction. UK Gilts initially Read more…
Sunset Tuesday, May 17, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Market sentiment is subject to quite some wild swings. Last week, investors panicked that aggressive CB (especially Fed) rate hikes to address elevated (core) inflation would inevitably slow growth, triggering a sharp risk-off correction Read more…
Tuesday, 17 May 2022 Please click here to read the PDF version Markets • Dismal monthly Chinese eco data (April) only dented risk sentiment somewhat during Asian dealing. Calm returned in Europe, also following big swings last week. German Bunds ceded ground, underperforming US Treasuries. Dynamics changed again somewhat as Read more…
Sunset Monday, May 16, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • “Expect a decisive June meeting, and an active summer”, French ECB governor Villeroy said today in a speech. He also stressed the central bank “carefully monitor(s) developments in the effective exchange rate, as a Read more…
Monday, 16 May 2022 Please click here to read the PDF version Markets • Markets ended a volatile week in peace last Friday. Main European and US equity indices recovered 2% and more though technical pictures remain heavy, screaming sell-the-uptick. The core bond corrective short squeeze grinded to a halt Read more…