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A pullback in yields was bolstering risk appetites today, lifting equities and weighing the greenback. Most Asia Pacific equity markets rallied at least 1%, led by Hong Kong. It was the be regional...
A calmer European debt market and the second consecutive decline in the German 2-year yields has weighed on the euro. It briefly dipped below $1.14 in the European morning. European bond benchmark...
The capital markets were calmer today, but the re-pricing of interest rates continued. The German 2-year yield rose for the tenth consecutive session. The yield was minus 23 bp. It was at minus 65 bp...
The eurozone's unexpected rise in January CPI did not appear to change the swaps curve which had about 30 bp of higher rates discounted over the next 12 months. However, it underscored ideas that the...
With the ECB holding its next monetary policy meeting on Feb. 3, the EUR/USD is up to its usual shenanigans. Moreover, with the currency pair accounting for nearly 58% of the USD Index’s...
From the pre-weekend low to yesterday's high, the NASDAQ rallied around 7.5% and was trading a little firmer ahead of the US open. Bottom-pickers emerged after the tech-heavy benchmark slid about 20%...
Russia’s natural gas production is expected to hit an all-time high this year, beating the 2021 record, yet this winter season’s deliveries to Europe have been much lower than usual. In...
The sentiment that fueled the recovery in US equities before the weekend carried over into today. Several Asia Pacific centers, including China, Taiwan, and South Korea were closed today, but Japan,...
How's that green energy transition going? Oil is surging higher! The reality of failed energy policies along with rising geopolitical risk is driving prices higher. Some might argue that it is green...
If equities had appeared to drive the other capital markets recently, the debt market took the bull whip yesterday. The surge in US rates saw equities reverse lower and the dollar rally. The MSCI Asia...
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