Thursday, 24 February 2022 Please click here to read the PDF version Markets • The cautious détente during the European session yesterday was short-lived. Sentiment soured as the US joined with president Biden announcing additional sanctions on Russia. Ukraine government and bank websites were targeted in cyberattacks and added to Read more…
Tuesday, 22 February 2022 Please click here to read the PDF version Markets • Geopolitics completely overshadowed strong and promising European PMI business confidence (from 52.3 to 55.8 on a rebound in services). The Kremlin dashed early optimism on a potential Biden-Putin summit, calling it premature and unconfirmed. Tensions near Read more…
Monday, 14 February 2022 Please click here to read the PDF version Markets • Souring risk sentiment during Friday’s US trading session eventually offered some relief for ailing US Treasuries. Ahead of late-session, safe haven rebound, the US Note future approached the post-CPI sell-off low after Michigan consumer confidence showed Read more…