Sunset Thursday, October 27, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • The ECB raised its key policy rates by the expected 75 bps for a second time straight. The deposit rate now stands at 1.5%. The statement contained some dovish twists compared to the Read more…
Friday, 15 July 2022 Please click here to read the PDF version Markets • European bond yields started off with a massive surge yesterday. We view it as a belated catch-up move with their US counterparts following the CPI release on Wednesday. Both German yields and European swap yields rose Read more…
Wednesday, 18 May 2022 Please click here to read the PDF version Markets • Yesterday’s trading session turned out to be an interesting one. As on Monday, it started with a better risk mood in Europe with core bonds returning to sell-off mode after last week’s correction. UK Gilts initially Read more…
Thursday, 12 May 2022 Please click here to read the PDF version Markets • US headline/core inflation for April came in at 8.3%/6.2% yesterday, defying expectations for a bigger decline from the 40-year highs. Core inflation also showed more signs of broadening and being increasingly persistent. It wasn’t the surprise Read more…