KBC Sunset KBC Sunset Friday, February 21, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • The European February composite PMI released today matched January’s 50.2 reading. That’s suggestive of near negligible output growth. Services was still the main driver but expanded at a Read more…
Sunrise market commentary KBC Sunrise Friday, February 21, 2025 Please click here to read the PDF version Market Commentary Markets • Bessent’s interview with Bloomberg offered a welcome distraction in yesterday’s generally dull trading session. The US Treasury Secretary touched on a range of topics, including on the US’ debt Read more…
KBC Sunset KBC Sunset Thursday, February 20, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • US Treasury Secretary Bessent said in an interview with Bloomberg Television that the Treasury team under the previous president had shortened the duration in Treasury sales. While he’s Read more…
Sunrise market commentary KBC Sunrise Thursday, February 20, 2025 Please click here to read the PDF version Market Commentary Markets Market • German bunds heavily underperformed US Treasuries yesterday. Yields jumped between 4.6 and 6.4 bps in a response to ECB board member Schnabel’s interview with the Financial Times. The Read more…
KBC Sunset KBC Sunset Wednesday, February 19, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • ECB executive board member Schnabel is the first to suggest that the direction of travel (of monetary policy) is not so clear anymore. She thinks that Frankfurt nears Read more…
Sunrise market commentary KBC Sunrise Wednesday, February 19, 2025 Please click here to read the PDF version Market Commentary Markets • The first high-level in-person talks between the US and Russia since the 2022 invasion in Riyadh went well according to the parties involved but offered nothing concrete. The talks Read more…
KBC Sunset KBC Sunset Tuesday, February 18, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • The focus of markets (and the international community) was on the talks in Riyadh between Russia and the US to end the war in Ukraine. The two parties Read more…
Sunrise market commentary KBC Sunrise Tuesday, February 18, 2025 Please click here to read the PDF version Market Commentary Markets • Spotlights were on Europe yesterday. US financial markets were closed for President’s Day while French president Macron summoned a handful of European leaders as well as EC president von Read more…
KBC Sunset KBC Sunset Monday, February 17, 2025 Daily Market Overview Click here to read the PDF-version of this report Markets • The hastily arranged summit in Paris by French president Macron stood in the center of attention today. Last week’s string of events, involving US president Trump, his Defense Read more…
Sunrise market commentary KBC Sunrise Monday, February 17, 2025 Please click here to read the PDF version Market Commentary Markets • Weaker-than-expected US retail sales triggered a rally in Treasuries. Yields declined between 4.1 and 6.2 bps in what was otherwise a dull trading session. German rates still finished marginally Read more…