Sunset Wednesday, June 29, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • The first German regional CPI number immediately grabbed investors’ attention this morning. North Rhine Westphalia CPI fell by 0.1% M/M to moderate from 8.1% Y/Y to 7.5% Y/Y. The euro fell with EU Read more…
Thursday, 28 April 2022 Please click here to read the PDF version Markets • The dollar takes no prisoners these days. The past 5 trading days ended with impressive gains and this morning’s price action shows no signs of slowing. The trade-weighted greenback since last Thursday rose from 100 to Read more…
Thursday, 21 April 2022 Please click here to read the PDF version. Markets • Economic data during yesterday’s trading day was limited to US housing data (see below). The Fed’s Beige Book held all the anecdotical evidence one could have expected: a tight labour market and strong inflationary pressures. Districts Read more…
Sunset Thursday, March 10, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Markets yesterday staged a broad risk-on repositioning since the start of the Russian invasion in Ukraine, hoping that mutual economic retaliations at least would come to a pause. There was even hope that Read more…
Thursday, 10 March 2022 Please click here to read the PDF version Markets • Full-blown risk-on. Equities rallied like there was no tomorrow with gains in Europe reaching almost 8% (German Dax) and up to 3.6% on Wall Street (Nasdaq). The EuroStoxx50 (+7.44%) convincingly smashed resistance at 3608 and a Read more…