Friday, 13 May 2022 Please click here to read the PDF version Markets • The fall-out from yesterday’s risk-off session was most apparent on core bond yields and the euro. The former declined 3 (30y) to 7.8 (2y) bps in the US. Bunds outperformed strongly, shedding more than 14 bps Read more…
Tuesday, 26 April 2022 Please click here to read the PDF version Markets • A Chinese growth slowdown ranks as one of the biggest risks to future global growth. March data already showed the impact of lockdowns in Shanghai (still in place), with an outbreak in Beijing over the weekend Read more…
Friday, 8 April 2022 Please click here to read the PDF version Markets • Minutes of the March ECB meeting kickstarted the countdown to next week’s ECB meeting. In line with FOMC Minutes, they surprised markets in a hawkish manner. The key takeaway was some ECB members already argued in Read more…
Monday, 21 March 2022 Please click here to read the PDF version Markets • With still only mixed signals on any progress in the negotiations between Ukraine and Russia, European investors on Friday initially took some chips off the table after last week’s rally. US investors were less worried on Read more…
Monday, 7 March 2022 Please click here to read the PDF version Markets • US February payrolls on Friday came in better than expected and saw an upward revision for January too. The Fed is set to kick off the hiking cycle next week, even as wage growth came Read more…
Thursday, 3 March 2022 Please click here to read the PDF version Markets • There are still few signs that the conflict in Ukraine might end soon. New talks between Ukraine and Russia are planned for today, but the outcome is unpredictable. Even so, markets yesterday left the risk-off modus. Read more…
Sunset Tuesday, February 22, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Markets have been preparing for the worst case scenario in the Ukrainian conflict and remarkably breathed a sigh of (short term) relief as it played out. The Russian “peace-keeping” mission in the self-declared separatist Read more…