Market Commentary

KBC Sunset KBC Sunset Thursday, November 7, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The consequences of yesterday evening’s decision by German Chancellor Scholz to sack his finance minister, Lindner, might by far-reaching. Lindner’s hard “no” against modifying the debt brake enshrined Read more…

Sunrise market commentary KBC Sunrise Thursday, November 07, 2024 Please click here to read the PDF version Market Commentary Markets •          The Republican hattrick trigged the most pure version of the America First trade. US equities, yields and the dollar all jumped sharply higher, betting on a strong, domestic-driven outperformance Read more…

KBC Sunset KBC Sunset Wednesday, November 6, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The shape of the post-US election phase of the Trump trade were already crystal clear before the open of European markets. Donald Trump secured his second term as Read more…

Sunrise market commentary KBC Sunrise Wednesday, November 06, 2024 Please click here to read the PDF version Market Commentary Markets •          At the moment of writing, the outcome of the US elections is still a developing story. The Republican Party regaining a 51+ majority in the Senate is definitively called. Read more…

KBC Sunset KBC Sunset Tuesday, November 5, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets In the run-up to tonight’s US elections there’s little appetite for markets to make additional big directional moves. If anything, US Treasuries and the dollar underperform. Positioning over the Read more…

Sunrise market commentary KBC Sunrise Tuesday, November 05, 2024 Please click here to read the PDF version Market Commentary Markets •          US market moves suggested investors reduced the ‘established Trump-trade’ to position to a more neutral one with a survey showing Harris potentially taking the lead in Iowa driving the Read more…

KBC Sunset KBC Sunset Monday, November 4, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          US presidential election polls remain talk of town in an otherwise uninspiring trading session. Trump’s momentum was already dented last week following some swing-state polls. They took away Read more…

Sunrise market commentary KBC Sunrise Monday, November 04, 2024 Please click here to read the PDF version Market Commentary Markets •          US payrolls and the Manufacturing ISM caused quite some intraday volatility on Friday but in the end didn’t change the broader market picture in any profound way. The US Read more…

KBC Sunset KBC Sunset Thursday, October 31, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •             The fall-out of Reeves’ “one of the largest fiscal loosenings of any fiscal event in recent decades” on UK bond markets went into a second day. Gilt yields Read more…

Sunrise market commentary KBC Sunrise Thursday, October 31, 2024 Dear reader,  there will be no KBC Economics-Markets reports on Friday, November 1. We resume our publications on Monday, November 4. Please click here to read the PDF version Market Commentary Markets “Overall borrowing between 2024-25 and 2028-29 is higher than Read more…