Sunset Friday, December 2, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • SCREEEEEECH! The core bond rally came to a screeching halt at the end of this week. In defiance of the slightly disappointing ADP job report, November US payrolls easily surpassed consensus estimates. US Read more…
Friday, 2 December 2022 Please click here to read the PDF version Markets • Yesterday, the post-Powell bond rally simply continued as markets read US data as supporting the case for the Fed to slow its anti-inflationary campaign in December and maybe also at Q1 2023 meetings. US data were Read more…
Sunset Thursday, December 1, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Yesterday’s (perceived) soft speech of Fed chair Powell (slowing the pace of rate hikes to 50 bps in December) at that time triggered a sharp rally both on US bond and equity markets Read more…
Thursday, 1 December 2022 Please click here to read the PDF version Markets • Yesterday, EMU November headline CPI eased more than expected from 10.6% to 10.0%, but didn’t came as a surprise after member states’ data published on Wednesday. Core inflation holding stubbornly high at 5.0% even caused a Read more…