With the global financial system on permanent life support, even trillion-dollar stimulus packages can only do so much to restore equality.
Yields Are Surging Ahead Of Auction After ECB Ambiguity After yesterday's mixed bag in the 10Y Auction (which tailed modestly but yields had plunged into the...
After a weaker start, the mood in the market is improving and European stocks have managed to push back into positive territory ahead of numerous risk...
Overview: Fear that yesterday's reversals represent little more than one-day wonders is contributing to the overall consolidative tone today. Most equity markets in the Asia Pacific region...
The euro edged higher against the dollar, reversing a four-day losing streak boosted by the positive investor sentiment and falling US Treasury yields. The EUR/USD currency pair rallied higher, fueled by the positive German trade...
The New Zealand dollar has posted strong gains in the Tuesday session. Currently, NZD/USD is trading at 0.7164, up 0.60% on the day. Manufacturing, Business Confidence...
The Japanese yen is almost unchanged in the Tuesday session. Currently, USD/JPY is trading at 108.90, up 0.06% on the day. Dollar punches past 109 The...
The euro has rebounded on Tuesday, erasing most of the losses seen on Monday. Currently, EUR/USD is trading at 1.1901, up 0.46% on the day. Euro under...
Greensill Files For Administration - Who's Left Holding The Bag? As was expected, and detailed most recently here, Greensill Capital has filed for administration, in the...
Oil eases from high Oil prices are pulling back slightly after gapping sharply higher on the open. After surging through USD70 for the first time since...
The euro has started the week in negative territory, dropping below the 1.19 level. Currently, EUR/USD is trading at 1.1879, down 0.24% on the day. Dollar...
Overview: The attack on Saudi Arabia's largest crude terminal reverberated through the capital markets, where sentiment was already fragile, despite the lack of disruption. Brent rose...
It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months.
A typical market-based measure of expected inflation is the inflation breakeven calculated by subtracting the TIPS yield from Treasury yield at corresponding maturities. The breakeven spread...
The ECB meeting is the most important calendar event in the week ahead. It is true that the US reports February CPI figures, but the base...
Everyone is giving up on growth stocks, especially given the sharp rise in rates, with the 10 Year US Treasury Note rising as high as 1.62%...
The plan is to achieve growth and level up without while sharply cutting the deficit.
The plan is to achieve growth and level up without while sharply cutting the deficit.
The recent rise in bond yields is the first potential test of central banks’ determination to keep monetary conditions accommodative as the economic outlook improves. We...
The British pound is almost unchanged for a third straight day. Currently, GDP/USD is trading at 1.3964, up 0.07% on the day. Pound stabilizes below 1.40...
Intercapitalist rivalries ebb and flow and shaped modern history more than many may realize. Recall that Nixon unilaterally severed the dollar's last ties to gold, not...
JPM Now Expects The US To Add 675,000 Jobs Every Month One month ago we asked whether "Powell just gave everyone the green light to just...
Overview: Equities and bonds jump back. Most Asia Pacific markets advanced 1.5-2.5% after the regional MSCI benchmark dropped 3.65% before the weekend and 5.3% last week. The...
Concern over inflation, which is traditionally a catalyst to gold, has had the reverse effect of late. The post Metals Weekly Round-Up: Gold Falls to 6...
You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a...
Tesla has also announced that due to supply chain problems it has temporarily halted production in the US of its popular Model 3.
Australia's Yield Curve Control Is On The Verge Of Collapse Three weeks after Australia's central bank announced on Feb 1 an extension to its QE program...
Overview: The sharp recovery in US shares yesterday that saw the S&P 500 snap a five-day slide failed to carry into Asia Pacific trading earlier today. ...
Deutsche Bank Is Getting Bullish About Airlines...
The euro fell against the resurgent US dollar ignoring in-line euro area releases, as US Treasury yields remained stable during the first half of today’s session. The EUR/USD currency pair spiked higher...