Monday, 5 September 2022 Please click here to read the PDF version Markets • US payrolls added a robust 315k but a downward two-month revision, slowing income growth and an unusually large uptick in the participation rate drew the attention. It smoothed off some of the sharpest edges in terms 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…
Friday, 2 September 2022 Please click here to read the PDF version Markets • The established market trends basically continued yesterday. Yields maintained (EMU) or even extended (US) recent repositioning as central bankers reinforced their message that they have no choice but to continue their anti-inflationary crusade. The rise in Read more…
Sunset Thursday, September 1, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Over the previous days, Fed and ECB policy makers advocating a protracted hiking cycle with yields to stay higher triggered a congruent sell-off in bonds and equities. Even with few important eco data Read more…
Thursday, 1 September 2022 Please click here to read the PDF version Markets • European and US bond markets yesterday temporarily tried a cautious countermove on recent relentless sell-off. A lower than expected French CPI and soft US ADP private job growth at first looked a good enough reason for Read more…