Friday, 21 October 2022 Please click here to read the PDF version Markets • The UK political crisis has demanded its ultimate sacrifice. Liz Truss was forced to resign after being just 44 days in office – the shortest tenor ever. The race for a new PM has already begun Read more…
Wednesday, 31 August 2022 Please click here to read the PDF version Markets • Recent sharp uptrend in EMU and US yields initially took a breather yesterday. Markets awaited national EMU CPI data. The correction in European gas and power prices at least was an ambiguous factor for European interest Read more…
Monday, 22 August 2022 Please click here to read the PDF version Markets • The core bond sell off last week lasted until the US close. Double digit UK inflation numbers, US retail resilience, hawkish messages from the RBNZ & Norges Bank and finally an avalanche of Fed comments all Read more…
Wednesday, 15 June 2022 Please click here to read the PDF version Markets • Yesterday morning, it looked that especially US bonds were be ripe for a pause after the recent sharp sell-off ahead of today’s Fed policy meeting. In the end though, the established trends remained firmly place. Eco Read more…
Sunset Monday, June 13, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • What a way to start the week. The US inflation print published on Friday continued to reverberate through markets. It already began in Asian dealings before traders in the region smoothly passed on Read more…
Sunset Monday, April 11, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • The new week starts the way it ended last Friday: with a new bond sell-off. The trend of higher yields is definitely not new but received new impetus from the Fed and ECB Read more…
Tuesday, 29 March 2022 Please click here to read the PDF version Markets • The violence to which bonds sold off in Asian dealings yesterday eased a bit in European and US trading hours. The Japanese 10y yield stayed marginally above the 0% + 25 bps upper limit for most Read more…
Wednesday, 2 March 2022 Please click here to read the PDF version Markets • The war in Ukraine yesterday again triggered an outright risk-off session. The uncertainty on how far the conflict will go is evidently the first concern. However, from an economic point of view, markets fear a new Read more…