Sunset Thursday, March 30, 2023 Daily Market Overview Click here to read the PDF-version of this report. Markets • Today’s very first March inflation update – honor to the German North Rhine Westphalia region – set the tone for the start of European dealings. The regional figure printed softer than what was Read more…
Thursday, 30 March 2023 Please click here to read the PDF version Markets • Yesterday, markets further left behind last week’s financial stability concerns and returned to the order of the day. However, the eco calendar didn’t provide much high profile data to color the intraday dynamics. Markets basically build Read more…
Sunset Wednesday, March 29, 2023 Daily Market Overview Click here to read the PDF-version of this report. Markets • The core bond yield rally dwindled in European morning trading. Yields were even down a few bps before finding a bottom already around noon. Rates were more or less flat when European investors Read more…
Wednesday, 29 March 2023 Please click here to read the PDF version Markets • German yields rebounded another 6.5 bps across the curve yesterday. US yields ended over 10 bps higher at the front end (2-3y) with gains at the longer end limited to 1-3 bps (10-30y). The European trading Read more…
Sunset Tuesday, March 28, 2023 Daily Market Overview Click here to read the PDF-version of this report. Markets • Markets today initially continued building on yesterday’s positive momentum as stress in the banking sector/financial stability subsided further. Trading was mainly sentiment/order driven with again hardly any data with market moving potential scheduled Read more…
Tuesday, 28 March 2023 Please click here to read the PDF version Markets • Yesterday, financial stress that dominated investor positioning going into the weekend, gradually subsided. Markets apparently err to the view that issues at some US regional banks still should be considered as idiosyncratic and that authorities have Read more…
Sunset Monday, March 27, 2023 Daily Market Overview Click here to read the PDF-version of this report. Markets • Investors adopted a glass-half-full approach at the start of the new week, extending an intraday recovery that lifted Wall Street out of the red on Friday. Optimism today was further fueled by Bloomberg Read more…
Monday, 27 March 2023 Please click here to read the PDF version Markets • On Friday, market fears on financial stability focused on Europe. Deutsche Bank was in the eye of the storm after it announced to call a Tier 2 subordinated bond. While this in se shouldn’t be a Read more…
Friday, 24 March 2023 Please click here to read the PDF version Markets • The ECB hiked last week and signaled more to come if the base scenario unfolds. The Fed on Wednesday hiked and struggled to convince markets that this won’t be the last of the cycle. The Bank Read more…
Sunset Thursday, March 23, 2023 Daily Market Overview Click here to read the PDF-version of this report. Markets • The Bank of England raised the policy rate by 25 bps to 4.25% in a 7 (rate hike) – 2 (unchanged) vote. The move was widely expected among analysts though markets required a little Read more…