Sunset Tuesday, May 31, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • US investors returned to trading desks following the long weekend (Memorial Day Holiday). US Treasuries started weak, catching up with yesterday’s Bund losses while also paying attention to hawkish comments by Fed Waller Read more…
Tuesday, 31 May 2022 Please click here to read the PDF version Markets • Surprisingly high and accelerating inflation in Belgium, Spain and Germany defined an exclusively European trading session yesterday (US closed for Memorial Day). European/German yields were already headed north at the open in an attempt to shake Read more…
Sunset Monday, May 30, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • US markets are closed for Memorial Day today, putting the spotlight on first national inflation figures from several EMU countries in May. The monthly inflation dynamic accelerated again in Spain (0.7% M/M), Belgium (0.77% Read more…
Monday, 30 May 2022 Please click here to read the PDF version Markets • Stock markets ended last week with a bang. Europe added 1.83% while gains on Wall Street went as high as 3.33% (Nasdaq) after an already strong performance on Thursday. The S&P500 (+2.47%) jumped closer to a first Read more…
Memorial Day Holiday Trading Hours 2022 Please be aware of the altered trading hours around Memorial Day in the US. Several permitted assessed Tryout products are affected. Trading halts have been brought forward to 12pm CT for some products, 13.30pm CT for others (whereas usually we require you to be Read more…
Wednesday, 25 May 2022 Please click here to read the PDF version Dear reader There will be no KBC Economics-Markets reports on Thursday, May 26 and Friday, May 27. We resume our publications on Monday, May 30. Markets • Of late markets were mainly driven by global sentiment and Read more…
Sunset Tuesday, May 24, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • All eyes were on PMI business confidence for May today. In a context where concerns about growth going forward rise by the day, they provide much-appreciated guidance. For Europe, the fall-out of the Read more…
Tuesday, 24 May 2022 Please click here to read the PDF version Markets • Markets’ mood/reaction function continue switching sides from day to day. Last week, uncertainty that policy tightening could kill growth, triggered hefty equity selling and a pause in the core yields’ rally. Yesterday, investors saw the glass Read more…
Sunset Monday, May 23, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • There was no ECB decision/press conference scheduled for today. However, in a blog on the ECB website, President Lagarde flagged a path for ECB normalization that is more specific than the info often provided Read more…
Monday, 23 May 2022 Please click here to read the PDF version Markets • On Friday, markets closed a volatile week in a calm fashion. China reducing the 5-year Prime Loan Rate more than expected gave some comfort that authorities still have some ammunition left to address the economic slowdown. Read more…