Friday, 29 April 2022 Please click here to read the PDF version Markets • Dollar dominance reflected in new multiyear highs on a trade-weighted basis (DXY 103.93), against the yen (USD/JPY 130.95), against the euro (EUR/USD 1.0472) and against sterling (GBP/USD 1.2412). Fed Chair Powell’s comments last week ignited the Read more…
Monday, 25 April 2022 Please click here to read the PDF version Markets • The second half of last week was marked by a hawkish market repositioning with regard to the timing and the number of future ECB rate hikes. Several ECB governors broke ranks with President Lagarde’s official communication Read more…
Tuesday, 12 April 2022 Please click here to read the PDF version Markets • The bond market sell-off continued unabatedly yesterday. Last week’s ECB and Fed minutes made investors realize that the era of low interest rates is definitely over. Multiple US and EMU yields set new cycle highs or Read more…
Monday, 11 April 2022 Please click here to read the PDF version Markets • On Friday, selling on bond markets simply continued in the wake of the hawkish messages provided by the minutes of the Fed and ECB March meetings published earlier last week. Persistent high inflation is putting the Read more…