Market Commentary

Sunrise market commentary KBC Sunrise Monday, September 9, 2024 Please click here to read the PDF version Market Commentary Markets •          More volatility: yes. More certainty on the outcome of next week’s Fed meeting: no. Friday’s nonfarm payrolls couldn’t settle the rate cut size debate (25 bps vs 50 bps). Read more…

KBC Sunset KBC Sunset Friday, September 6, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          August nonfarm payrolls to settle the debate once and for all… Or not. The US economy added 142k jobs in August, compared to 165k consensus. Most other metrics Read more…

Sunrise market commentary KBC Sunrise Friday, September 6, 2024 Please click here to read the PDF version Market Commentary Markets •          The ADP job report yesterday produced the same price action seen in the wake of the US manufacturing ISM and US job openings. A below-consensus 99k for August and Read more…

KBC Sunset KBC Sunset Thursday, September 5, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The message from the July Fed meeting and even more from Chair Powell’s Jackson Hole address marked a U-turn in the Fed’s assessment. The focus shifted from taming Read more…

Sunrise market commentary KBC Sunrise Thursday, September 5, 2024 Please click here to read the PDF version Market Commentary Markets •          Yesterday’s JOLTS report was yet another perfect illustration of market’s high sensitivity to the labour market since Fed chair Powell bombarded it to the single most important theme for Read more…

KBC Sunset KBC Sunset Wednesday, September 4, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          Equities continue to take center stage on markets. European stocks underperformed in a catch-up move with the US. The EuroStoxx50 loses another 1.2%. Wall Street was granted some Read more…

KBC Sunset KBC Sunset Tuesday, September 3, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          Returning after a long weekend due to the Labour Day holiday, US investors see the glass half empty rather than half full looking forward to key US eco Read more…

Sunrise market commentary KBC Sunrise Tuesday, September 3, 2024 Please click here to read the PDF version Market Commentary Markets •          European stocks opened in red, ended in green. German yields added some 3-4 bps, launching the 10-yr yield to the highest level since the August meltdown. And the Japanese Read more…

KBC Sunset KBC Sunset Monday, September 2, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •             Trading slowed down to a trickle today in absence of US investors (Labour Day holiday) and amid an empty EMU eco calendar. A lot of ink has been Read more…