Tuesday, 16 August 2022 Please click here to read the PDF version Markets • Disappointing July Chinese eco data and some PBOC monetary policy easing were the main talking point at the start of the new trading week. The Chinese central bank cut its 1-yr medium term lending facility rate Read more…
Sunset Friday, August 5, 2022 Daily Market Overview Dear reader, There will be no KBC Economics-Markets reports from Monday, August 8 to Friday, August 12. We resume our publications on Tuesday, August 16. *********************************************************************************************************** Click here to read the PDF-version of this report. Markets • Crushed it! The July US jobs report Read more…
Friday, 5 August 2022 Dear reader, There will be no KBC Economics-Markets reports from Monday, August 8 to Friday, August 12. We resume our publications on Tuesday, August 16. *********************************************************************************************************** Please click here to read the PDF version Markets • The Bank of England policy meeting was widely watched yesterday, Read more…
Sunset Thursday, August 4, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • The Bank of England did what it was expected to do. After delivering a 50 bps rate hike in a 8-1 vote, the biggest in 27 years, the policy rate now stands at Read more…
Thursday, 4 August 2022 Please click here to read the PDF version Markets • Minneapolis Fed and SF president Kashkari and Daly yesterday put it very clearly: rate cuts in 2023 are very unlikely and markets are ahead of themselves pricing them in. These are just two more quotes from Read more…
Sunset Wednesday, August 3, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • FOMC member Bullard join the hawkish parade kickstarted by Daly, Mester and Evans yesterday. This morning he reiterated his views of a policy rate at 3.75-4% by the end of the year and said Read more…
Wednesday, 3 August 2022 Please click here to read the PDF version Markets • Pelosi’s visit to Taiwan provoking the ire of China dominated most of the European trading session. Risky assets including equities were sold while safe havens enjoyed a good bid in your typical risk-off market reaction. However, Read more…
Sunset Tuesday, August 2, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Pelosi rocks the boat. The Speaker of the House is about to set foot on Taiwanese soil to meet the president (tomorrow) and it’s very much against the will of China. Taiwan is a Read more…
Tuesday, 02 August 2022 Please click here to read the PDF version. Markets • The initial core bond yield jump quickly faded once again. Intraday advances of as much as 7 bps (in Germany) evaporated as the day evolved on a combination of factors. News of the first overseas grain Read more…
Sunset Monday, August 1, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Core bond yields on Monday kicked off the new month in good spirits. German yields rose as much as 7 bps and a little less in the US. That happened even against the Read more…