The global economy entered 2024 on a solid foundation, demonstrating continued resilience. The April global composite PMI surveys boosted confidence in the sustainability of a healthy short-term growth momentum. Robust…
HIGHLIGHTS May 9 2024 Global Markets Sovereign bonds in the US and the Eurozone were weaker earlier today, though modestly, while UK gilts remained supported ahead of today’s BoE…
HIGHLIGHTS May 1 2024 Global Markets Awaiting the Fed’s verdict later today (2:00pm ET), Asian equity markets generally ended lower, and USTs were under pressure, in reaction to the higher-than-expected…
HIGHLIGHTS March 29, 2024 Global Markets Investors will be keeping an eye on the US PCE inflation release for February, which comes out later today, with markets quiet due…
HIGHLIGHTS December 11 2023 Global Markets Strong economic data out of the US on Friday doused recent expectations about the extent of monetary policy easing to come from the…
HIGHLIGHTS November 17 2023 Global Markets UST yields declined yesterday amid market expectations for more aggressive Fed rate cuts in 2024 following a series of weak US data releases, while…
HIGHLIGHTS October 25 2023 Global Markets The Eurozone October flash PMIs disappointed, while the respective US data surprised positively, underlying the divergence between the two economies. In reaction, the…
HIGHLIGHTS October 13 2023 Global Markets The US headline CPI rose more than expected in September with strong gains in core services CPI, feeding on expectations that the Fed may…
HIGHLIGHTS October 3 2023 Global Markets UST yields rose further yesterday, as the avoidance of a US government shutdown, strong US economic data releases and hawkish comments by Fed…
HIGHLIGHTS September 29 2023 Global Markets The bull steepening of the UST curve, after US Q2 personal consumption was revised downwards, contributed to the USD’s broad-based weakness, while investors’ appetite…
HIGHLIGHTS September 26 2023 Global Markets Sovereign bonds remained under pressure on both sides of the Atlantic, amid expectations that major central banks will keep rates “higher-for-longer”. The 10yr…
HIGHLIGHTS September 22 2023 Global Markets Despite the BoE’s and the SNB’s decision for stable interest rates yesterday, fixed income markets remained under pressure across several countries, with longer-dated…
HIGHLIGHTS September 13 2023 Global Markets Government bond yields were higher on the day, both in the US and Europe. Inflation-related concerns are mounting as oil prices continued to rise…
HIGHLIGHTS August 25 2023 Global Markets Tracking losses in Wall Street overnight, Asian equity markets ended lower today, UST yields were higher compared to yesterday’s session lows, and the USD…
HIGHLIGHTS August 7 2023 Global Markets In reaction to the mixed non-farm payrolls report released on Friday, USTs rallied across the curve before they reverse some of their gains earlier…
HIGHLIGHTS August 4 2023 Global Markets Long-term USTs remained under pressure ahead of today’s July US non-farm payrolls report, risk sentiment improved, and the USD weakened, with the GBP/USD hovering…
HIGHLIGHTS June 23 2023 Global Markets Against a backdrop of resilient economic growth and sticky inflation, several G10 central banks increased their policy rates further in their scheduled meetings yesterday,…
HIGHLIGHTS June 20 2023 Global Markets UK gilts remained under pressure with the 2-yr yield rising above 5% for the first time since July 2008 amid expectations for a further…
HIGHLIGHTS June 6 2023 Global Market The US ISM services PMI unexpectedly dropped to a five-month low of 50.3 in May, reinforcing market expectations that the Fed will likely take a pause…
HIGHLIGHTS October 11 2022 Global Markets Risk-off sentiment prevailed on expectations of further rate tightening by major CBs and the escalating Ukraine war, sovereign bonds remained under pressure and the…
GLOBAL & REGIONAL DAILY (Friday 29 January, 2021) GLOBAL & REGIONAL DAILY HIGHLIGHTS January 29 2021 Global Markets The majority of Asian bourses ended lower today pressured by a liquidity…
GLOBAL & REGIONAL MONTHLY (Thursday, 3 December 2020) GLOBAL & REGIONAL MONTHLY (December 2020) HIGHLIGHTS The Q3 GDP growth rebound has been robust and broad-based across countries around the world. The…
GLOBAL & REGIONAL DAILY (Thursday 3 December, 2020) GLOBAL & REGIONAL DAILY HIGHLIGHTS December 3 2020 Global Markets Poor US data y-day allowed US Treasuries to recover some ground, but gains…