Market Commentary

KBC Sunset KBC Sunset Monday, September 30, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets With national German (and Italian) inflation data, an appearance of ECB present Christine Lagarde before the EU Parliament and Fed Chair Powell speaking before the National Association of Business Read more…

KBC Sunset KBC Sunset Friday, September 27, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          Today started somewhat as expected. French and Spanish September CPI data printed below consensus. French prices fell by 1.2% M/M to 1.5% Y/Y (from 2.2%), the first sub-2% Read more…

Sunrise market commentary KBC Sunrise Friday, September 27, 2024 Please click here to read the PDF version Market Commentary Markets •          A rising tide lifts all boats. Or in this case, a rising Chinese stock market lifts global risk sentiment. More fiscal spending, measures to stabilize the property sector, potential Read more…

KBC Sunset KBC Sunset Thursday, September 26, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets European trading mostly revolved around China’s Politburo promise of more forceful cuts, necessary fiscal spending and vow to stabilize the ailing real estate market in late Asian trading dealings Read more…

Sunrise market commentary KBC Sunrise Thursday, September 26, 2024 Please click here to read the PDF version Market Commentary Markets •          Core bond yields grinded higher yesterday in a news-poor trading session. With the move both US and German yields recouped most of Tuesday’s intraday losses. Net daily changes varied Read more…

KBC Sunset KBC Sunset Wednesday, September 25, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          After last week’s Fed decision, investors were happy to use soft/disappointing data to push money market pricing for ever more aggressive font-loading on Fed and ECB interest rate Read more…

Sunrise market commentary KBC Sunrise Wednesday, September 25, 2024 Please click here to read the PDF version Market Commentary Markets •          China’s stimulus announcement impacted all corners of the market. Hopes for a revival of the 2nd largest economy lifted commodity prices. Oil & iron prices both added around 2%. Read more…

KBC Sunset KBC Sunset Tuesday, September 24, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets A barrage of Chinese monetary stimulus measures lifted the likes of the CSI 300 with more than 4% and jumpstarted European dealings too. The EuroStoxx50 rose as much as Read more…

Sunrise market commentary KBC Sunrise Tuesday, September 24, 2024 Please click here to read the PDF version Market Commentary Markets •          Horrible European PMI business confidence (September) triggered a textbook bull steepening. German rates dropped between -2.8 (30-yr) and -8.1 (2-yr) bps. The spread between the 10-yr and 2-yr hit Read more…