Friday, 4 November 2022 Please click here to read the PDF version Markets • The pound sterling underperformed peers yesterday. The Bank of England hiked by an expected 75 bps to 3%. More is coming but not as much as markets are discounting (4.5-4.75%), it said in unusually explicit wording. Read more…
Friday, 07 October 2022 Please click here to read the PDF version. Markets • Core bonds extended their renewed sell-off momentum yesterday. UK Gilts underperformed German Bunds & US Treasuries, with a different curve dynamic. UK yields added 8.9 bps (2-yr) to 13.4 bps (10-yr) on a daily basis. The Read more…
Sunset Friday, September 2, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • The US economy added 315k (vs 298k expected) jobs in August according to the payrolls report. A 107k downward revision to the previous two months’ data takes some shine off the headline figure. The Read more…