Sunset Wednesday, November 2, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • US yields are an insignificant 2 bps lower on the day, ignoring another strong ADP employment report for October (+239k vs +185k expected). German Bunds underperform with yields up to 3 bps higher Read more…
Wednesday, 2 November 2022 Please click here to read the PDF version Markets • Asia’s equity scorching rally (HK more than +5%) following unconfirmed social media reports that China is preparing its exit from zero-Covid was met by a lukewarm European response. Stocks rose less than 1%. Wall Street traded Read more…
Thursday, 6 October 2022 Please click here to read the PDF version Markets • US data came in strong yesterday. The September ADP job report hit the bar (208k with a 53k upward revision for August). The US non-manufacturing ISM stabilized at a strong 56.7 (vs 56 expected), contrasting with Read more…
Sunset Thursday, June 2, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • After three days of forceful data-driven market moves, especially on interest rate markets, it was time to take a step back and take a breather. EMU PPI remains elevated at 1.2% M/M and Read more…
Thursday, 2 June 2022 Please click here to read the PDF version Markets • We had to wait for some US figures to spice up yesterday’s trading session a little bit. ISM manufacturing confidence unexpectedly accelerated from 55.4 to 56.1, mainly as new orders kept flowing in strongly (55.1). Supplier Read more…
Wednesday, 30 March 2022 Please click here to read the PDF version Markets • Ceasefire talks in Istanbul showed signs of progress. Ahead of the negotiations, Ukraine indicated openness to neutrality and adopt a non-nuclear status in return for security guarantees. Afterwards, and to “increase mutual trust”, Russia said it Read more…