Market Commentary

Sunrise market commentary KBC Sunrise Tuesday, September 17, 2024 Please click here to read the PDF version Market Commentary Markets •          With investors counting down to the Fed policy decision on Wednesday, yields moving further south still was the path of least resistance on US (and EMU) interest rate markets. Read more…

KBC Sunset KBC Sunset Monday, September 14, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets A range of ECB speeches in the wake of last week’s policy decision confirmed the different approach of Frankfurt – in all likelihood – is taking compared to the Read more…

Sunrise market commentary KBC Sunrise Monday, September 16, 2024 Please click here to read the PDF version Market Commentary Markets •          (US) eco data on Friday were few and mostly second tier. US August import and export price data were softer than expected. The Michigan consumer confidence  was slightly better Read more…

KBC Sunset KBC Sunset Friday, September 13, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets After Wednesday’s slightly higher than expected August (core) CPI , for a brief while it seemed that the debate on the magnitude of the inaugural Fed rate cut had Read more…

Sunrise market commentary KBC Sunrise Friday, September 13, 2024 Please click here to read the PDF version Market Commentary Markets •          The ECB cut its deposit rate by 25 bps to 3.5% while narrowing the gap between the deposit rate and the main refinancing rate from 50 bps to 15 Read more…

KBC Sunset KBC Sunset Thursday, September 12, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The US was at the center of attention yesterday with the August inflation figures. The spotlights today were aimed at Frankfurt. The European Central Bank delivered on the Read more…

Sunrise market commentary KBC Sunrise Thursday, September 12, 2024 Please click here to read the PDF version Market Commentary Markets •          US yields finished 0.3 bps (30-yr) to 4.6 bps (2-yr) higher yesterday in a volatile session. The (trade-weighted) dollar approaches first resistance at 101.92/102 (101.68 close). EUR/USD came within Read more…

KBC Sunset KBC Sunset Wednesday, September 11, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          US August inflation is another piece for the Fed’s puzzle next week. Headline CPI rose again and as expected by 0.2% M/M with the Y/Y-figure slowing as anticipated Read more…

Sunrise market commentary KBC Sunrise Wednesday, September 11, 2024 Please click here to read the PDF version Market Commentary Markets •          Momentum changed yesterday from the US opening as core bonds steamed ahead. The move was triggered by another sudden drop in oil prices. Brent crude prices opened around $72/b, Read more…

KBC Sunset KBC Sunset Tuesday, September 10, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets Spotting significant market moves is like looking for a needle in a haystack today. We give it our best shot anyway by diving into a bumper bond sale taking Read more…