Market Commentary

Sunrise market commentary KBC Sunrise Wednesday, October 02, 2024 Please click here to read the PDF version Market Commentary Markets •          German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 bps (30-yr) lower. The curve move was at least partly inspired by technical reasons (acceleration Read more…

KBC Sunset KBC Sunset Tuesday, October 1, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          A series of weaker-than-expected national inflation figures culminated in the first sub 2% European-wide reading for September today. The 1.8% y/y outcome was the lowest since April 2021 Read more…

Sunrise market commentary KBC Sunrise Tuesday, October 01, 2024 Please click here to read the PDF version Market Commentary Markets •          Fed Chair Powell implicitly defended the base case as set out in the updated September dot plot. This year’s median suggested an additional 50 bps of cumulative Fed rate Read more…

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…