Posted in: Weekly Round Up
Weekly Round Up 11.03.2022
This week’s highlights:
- ECB speeds up tapering;
- EUR/$ marginally firmer;
- Bond yields sharply higher;
- US CPI inflation up to 7.9%.
Read in full:
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Daily blog
Quiet start to week
05.07.2022A relatively quiet day yesterday with US markets closed for the 4th of July, the euro remains at $1.04 to the dollar and 86p to sterling. In turn, sterling remains around $1.21 to the dollar Equity markets that were open in European saw small gains with the Eurostoxx up 0.1%, the FTSE up 0.9% following losses […]
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Daily blog
Bonds surge
04.07.2022Some weaker than expected US data last week spurred a continued sell off in equities with the S&P 500 ending the week down over 2% – and losing 21% in the first half of the year – despite some gains from a late rally on Friday. Bonds surged with US 10-year yields down circa. 25bps […]
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Weekly Round Up
Weekly Round Up 01.07.2022
01.07.2022This week’s highlights: Bond yields drop; Equities sell off; Sterling loses ground; Euro area inflation rises in June. Read in full: Weekly Round Up 01.07.2022
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Daily blog
Dollar pares gains
01.07.2022The euro touched off just below $1.04 to the dollar for a time yesterday before making up some ground late on to trade back to $1.045 now. The dollar pared its gain following slightly lower than expected US personal consumption expenditures inflation, which suggest prices pressures could be easing somewhat, and weak consumer spending data. […]