Overview: Equities are higher and bonds lower as the week's activity winds down. Asia Pacific markets rallied, paced by more than 2% gains in Hong Kong...
Stubbornly high inflation had dragged equities in recent weeks as investors adapt… The post @ the Bell: TSX sustains biggest losses since 2020 appeared...
Futures Rise As ECB Panics And Fed Looms After five days of non-stop losses, US index futures finally bounced modestly along with stocks...
Overview: Better than expected Chinese data and an unscheduled ECB meeting are the highlights ahead of the North American session that features the May...
Canada’s main stock index joined the global plummet as markets tumbled heavily… The post @ the Bell: Another bear market awakens …. appeared first...
The firmer than expected US CPI did not change expectations that the Federal Reserve will hike the Fed funds target by 50 bp on June 15. What...
That’s the title I gave for an essay published in the Nikkei today: [Link to article] Here’s the text in English: Every decade, the debate...
Overview: Chinese markets were the notable exception amid sharp losses in many of the large markets in the Asia Pacific. A rebound in the Japanese...
Overview: Equity markets in Asia Pacific and Europe are weaker. The main exception in Asia Pacific was India, where the market rose by about 0.75%. ...
Supported by firmer crude oil and gold prices, equities in Canada moved… The post @ the Bell: Markets welcome a “recovery day” appeared first on...
It was a choppy day for Canada’s main stock index after the… The post @ the Bell: Rate hike fears rattle markets appeared first on The...
(On vacation for the rest of the month. Going to Portugal. Commentary will resume on June 1. Good luck to us all.)The market is a fickle...
Overview: Risk appetites are improving on the margin. Asia Pacific stocks still fell after the sharp losses on Wall Street on Monday. Still, China, Taiwan...
The general contours of the business and investment climate are being shaped by three forces. First, Russia's invasion of Ukraine and the sanctions boost...
The week ahead is packed with several central bank meetings and important high-frequency economic data. The week begins off with China's April PMI over...
Macro update Financial markets roared back to life over December, boosted by news of potential breakthroughs on multiple COVID-19 vaccine trials. The confluence...
Overview: The recovery attempt of risk appetites, reflected in the recovery and strong close in US stocks yesterday was dealt a blow by Russia's Foreign...
The market has moved to discount the likelihood that the next four rate hikes by the Federal Reserve will be in 50 bp increments. As a result,...
Overview: Benchmark 10-year bonds yields in the US and Europe are at new highs for the year. The US yield is approaching 2.90%, while European rates...
The dollar rose against the major currencies last week, but the British pound, which eked out a small gain in the holiday-shortened week. The weakest...
Overview: Most centers are closed for holidays today. The Asia Pacific equity markets there were open moved lower following the losses on Wall Street...
Overview: What appears to be a powerful short-covering rally in the US debt market has helped steady equities and weighed on the dollar. Singapore...
Earnings season is here and so far the takeaway is that the short-term outlook for the economy is pretty good and that the consumer is handling...
Overview: US yields eased yesterday after the slightly lower than expected core CPI reading and "sell the rumor, buy the fact" type of activity. The...
Overview: It is a new day, but with the continued rise in interest rates and weaker equities, it feels like yesterday. Only China and Hong Kong...
Overview: Macron's victory in the first round of the French presidential contest lifted the euro, which is resilient to the broader greenback gains...
The US dollar rose against all the major currencies last week and the Dollar Index rose to it sits highest level since May 2020. The relative strength...
The coming days are eventful. And that is with the known unknown, Russia's actions in Ukraine, held in abeyance. It does not seem as if either side...
Overview: The Reserve Bank of Australia hinted that it was getting closer to a rate hike. The Australian dollar was bid to its best level since the...
The effectiveness of the Federal Reserve's communication seems clear. The market has nearly 90 bp of tightening discounted here in Q2. This means that...