Friday, 9 September 2022 Please click here to read the PDF version. Markets • The world’s two biggest central banks were in focus yesterday. The ECB jacked up interest rates by an unprecedented 75 bps to bring the deposit rate at 0.75%. Growth may grind to a halt in the Read more…
Friday, 15 July 2022 Please click here to read the PDF version Markets • European bond yields started off with a massive surge yesterday. We view it as a belated catch-up move with their US counterparts following the CPI release on Wednesday. Both German yields and European swap yields rose Read more…
Tuesday, 5 July 2022 Please click here to read the PDF version Markets • Trading for the new week took a slow start as US markets were closed in observance of the 4th of July holiday. In Europe only second tier data were scheduled for release. Last week’s panic on Read more…
Wednesday, 15 June 2022 Please click here to read the PDF version Markets • Yesterday morning, it looked that especially US bonds were be ripe for a pause after the recent sharp sell-off ahead of today’s Fed policy meeting. In the end though, the established trends remained firmly place. Eco Read more…
Friday, 10 June 2022 Please click here to read the PDF version Markets • Yesterday, the ECB turned a page. With new staff projections forecasting both core and headline inflation to stay above the 2.0% target over the bank’s policy horizon, the ECB couldn’t but formally give the highest priority Read more…
Thursday, 9 June 2022 Please click here to read the PDF version Markets • Core bonds and stocks sold off in lockstep again yesterday as a new surge in oil prices stings. Brent crude rallied from $120.50/b to $124/b, testing the highest level since mid-March. The post-invasion top stands at Read more…
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…
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…
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…
Wednesday, 11 May 2022 Please click here to read the PDF version Markets • The equity sell-off took a breather yesterday. European stocks eked out gains of less than 1%. Markets in the US slid early in the open but rebounded later, ending the session with gains for the S&P Read more…