Sunrise market commentary KBC Sunrise Friday, April 11, 2025 Please click here to read the PDF version Market Commentary Markets • US President Trump on Wednesday announcing a pause in the roll-out of reciprocal tariffs beyond the 10% base rate (expect for China) apparently wasn’t the game changer and confidence Read more…
KBC Sunset KBC Sunset Thursday, April 10, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • Today’s trading should show the Trump (bond) put at work, including the hoped-for positive spill-overs on other assets. The US president buying time/giving room to negotiate trade arrangements Read more…
Sunrise market commentary KBC Sunrise Thursday April 10, 2025 Please click here to read the PDF version Market Commentary Markets • In our evening Sunset report yesterday, we put the focus on the US 10-y note auction as US bonds, alongside almost all other (US and non-US) risk assets, teetered Read more…
KBC Sunset KBC Sunset Wednesday, April 9, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • The stakes are high for tonight. The US Treasury sells $39bn of 10-yr Notes as part of its mid-month refinancing operation. The auction occurs against the background of Read more…
Sunrise market commentary KBC Sunrise Wednesday April 9, 2025 Please click here to read the PDF version Market Commentary Markets • Early in the session yesterday, parts of global markets showed some relative calm compared the extreme volatility on Monday. Some (desperate?) investors hoped that US negotiations with some countries Read more…
KBC Sunset KBC Sunset Tuesday, April 8, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • Core bonds lost ground today. Bunds underperformed US Treasuries, switching places with yesterday. The moves’ sizes differ from Monday too. The violent intraday swings back then made way Read more…
Sunrise market commentary KBC Sunrise Tuesday April 8, 2025 Please click here to read the PDF version Market Commentary Markets • (Interest rate) markets yesterday faced extreme intraday volatility. Swings in US Treasury yields amounted from more than 43 bps for the 2-y to ‘only’ 33 bps at the very Read more…
KBC Sunset KBC Sunset Monday, April 7, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • Asian markets started with an accelerated risk sell-off this morning with indices tumbling from 5.5% (South Korea), over 7%+(CSI 300 & Nikkei 225) to 13.2% (Hang Seng). China Read more…
Sunrise market commentary KBC Sunrise Monday April 7, 2025 Please click here to read the PDF version Market Commentary Markets • On Friday, the post-Liberation Day risk-off move evolved to outright market panic. European equity markets from the open drifted further south. Around noon, China announced retaliation to the US Read more…
KBC Sunset KBC Sunset Friday, April 4, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • Day two of the ‘US liberation era‘ was much like day one. The global risk-off continued unabatedly as investors try to the make-up their mind on the multiple Read more…