market commentary

KBC Sunset KBC Sunset Tuesday, October 29, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          The busy eco calendar kicked off today with US JOLTS job openings and consumer confidence. The former missed the bar. The August reading was revised down from 8.04mln Read more…

Sunrise market commentary KBC Sunrise Tuesday, October 29, 2024 Please click here to read the PDF version Market Commentary Markets •          Last week’s waiting game extended into the first trading day of the new and jampacked one. Oil prices crashed more than 6% to $71.4/b (Brent) after Israel spared Iranian Read more…

KBC Sunset KBC Sunset Monday, October 28, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          Taking aside corporate news (Volkswagen, Boeing), this morning’s headlines still feature on news terminals. Brent crude fell from $76/b to $72/b after Israel shunned Iranian crude facilities with Read more…

Sunrise market commentary KBC Sunrise Monday, October 28, 2024 Please click here to read the PDF version Market Commentary Markets •          Core bond yields ended the week higher. German bond yields added between 1.2 (30-yr) and 4 bps (2-yr). Bunds initially underperformed US Treasuries before the latter suffered from a Read more…

KBC Sunset KBC Sunset Friday, October 25, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          German Bunds underperformed US Treasuries today. Yields added between up to 2.2 bps, the front end of the curve taking the lead. Yesterday’s PMI’s didn’t deliver a similar Read more…

Sunrise market commentary KBC Sunrise Friday, October 25, 2024 Please click here to read the PDF version Market Commentary Markets •          EUR/USD 1.0778 lives to fight another day. The technical support level survived October PMI surveys. Disappointing French numbers forced a test early on European dealings, but a better German Read more…

KBC Sunset KBC Sunset Thursday, October 24, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          EUR/USD tested 1.0778 for a second straight session as disappointing French PMI surveys kicked off European dealings. The French composite PMI got stuck deeper in recession territory (47.3 Read more…

Sunrise market commentary KBC Sunrise Thursday, October 24, 2024 Please click here to read the PDF version Market Commentary Markets •          German Bunds significantly outperformed US Treasuries yesterday, especially at the front end of the curve. The German 2-yr yield lost 7.2 bps compared with a 4.7 bps increase for Read more…

KBC Sunset KBC Sunset Wednesday, October 23, 2024 Daily Market Overview Click here  to read the PDF-version of this report   Markets •          Yesterday’s ECB comments coming from Washington (IMF World Economic Outlook) almost exclusively sounded dovish. The disinflation process is running faster than hoped, downside growth risks might accelerate the Read more…

Sunrise market commentary KBC Sunrise Wednesday, October 23, 2024 Please click here to read the PDF version Market Commentary Markets •          Core bonds closed near/below Monday’s sell-off lows despite a very brief intraday rebound attempt. US yields closed up to 2 bps higher at the front end with German yields Read more…