Market Commentary

KBC Sunset KBC Sunset Friday, February 7, 2025 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The long-awaited re-evaluation of the neutral rate in the euro area turned out to be much ado about nothing. Estimates varied widely depending on the measurement technique. What Read more…

Sunrise market commentary KBC Sunrise Friday, February 07, 2025 Market Commentary Markets •          The BoE cut its policy rate yesterday by 25 bps to 4.5% in a 7-2 vote (2 members in favour of 50 bps rate cut). BoE governor Bailey later warned not to read too much into this Read more…

KBC Sunset KBC Sunset Thursday, February 6, 2025 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The Bank of England today as expected cut its policy rate by 25 bps to 4.50%. The communication post the MPC decision contained some mixed signals, which we Read more…

Sunrise market commentary KBC Sunrise Thursday, February 06, 2025 Market Commentary Markets •          US Treasury Secretary Bessent seems to manifest himself as the voice of reason for US President Trump’s chaotic, sometimes illogic, burst of thoughts. In an interview with Fox Business he elaborated on/clarified themes like the ones spelled Read more…

KBC Sunset KBC Sunset Wednesday, February 5, 2025 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The ECB updated its wage tracker, published a first time after last December’s policy meeting. The headline indicator’s path is broadly unchanged with wages expected to remain sticky Read more…

Sunrise market commentary KBC Sunrise Wednesday, February 05, 2025 Please click here to read the PDF version Market Commentary Markets •          The tariff story was a blitzkrieg at the start of this week, but it’s back to the trenches now as Mexico and Canada are given a month to come Read more…

KBC Sunset KBC Sunset Tuesday, February 4, 2025 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The Trump 2.0 tariff chaos/unpredictability continues. High profile 25% levies announced this weekend on imports of Mexico and Canada obtained a last minute ‘delay ‘overnight. However, uncertainty persists. Read more…

Sunrise market commentary KBC Sunrise Tuesday, February 04, 2025 Please click here to read the PDF version Market Commentary Markets •          Mexico and Canada dodged the US tariff bullet at the very last moment. At least for now. Tariffs will be paused for a 30 day period to see whether Read more…

KBC Sunset KBC Sunset Monday, February 3, 2025 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          President Trump’s tariffs on Canadian, Mexican and Chinese goods took markets off guard. Even though he said multiple times he would install them February 1st investors clearly assumed Read more…

Sunrise market commentary KBC Sunrise Monday, February 03, 2025 Please click here to read the PDF version Market Commentary Markets •          The US Tariff Man walked the talk. From tomorrow February 4, 12:01 am EST, additional tariffs for Canadian imparts will be 25% with an exemption of 10% applying for Read more…