Thursday, 16 June 2022 Please click here to read the PDF version Markets • Yesterday didn’t bring the boring intraday countdown that often guides trading going into a Fed decision. After the recent sharp rise in yields and risk sell-off, investors scaled back on recent unidirectional positioning, whatever the outcome Read more…
Thursday, 5 May 2022 Please click here to read the PDF version Markets • The Fed yesterday as expected raised its policy rate by 50 bps, bringing the target range to 0.75%-1.0%. More 50 bps hikes are likely in coming meetings. In a direct address to the American people, Chair Read more…
Sunset Friday, March 18, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • It has been a hectic week for markets. There were positive signals coming from the Ukraine war about “significant progress” being made on peace talks only to be rebuffed by the Kremlin one Read more…
Thursday, 17 March 2022 Please click here to read the PDF version Markets • Lift-off. We have a lift-off. The Fed hiked its policy rate yesterday by 25 bps to 0.25%-0.50% in a near unanimous vote. St.-Louis Fed Bullard dissented in favour of a 50 bps rate hike. Such move Read more…
Sunset Wednesday, March 16, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Markets usually tend to stick to the sidelines ahead of important events. That event today is of course the Fed policy meeting. However, there was absolutely no such calm before the storm. Early Read more…
Wednesday, 16 March 2022 Please click here to read the PDF version Markets • US stock markets had a better run yesterday with main indices closing up to 3% higher. Support in the Nasdaq at 12552 (38% retracement on 2020-2021 post-Covid-rally) held for a second time, but the technical picture Read more…