Results for Covid
Edit

European Rates Continue to Surge, Sending Stocks Spiraling Lower

December 16, 2022
Overview: Seven of the G10 central banks pumped the brakes between last week and this week as they purposely seek to push demand back into line with supply. And there are more signs that they are succeeding in weakening growth impulses. The dramatic surge in European bond yields continues today with 10-year rates mostly rising another 13-15 bp. It…
European Rates Continue to Surge, Sending Stocks Spiraling Lower European Rates Continue to Surge, Sending Stocks Spiraling Lower Reviewed by Marc Chandler on December 16, 2022 Rating: 5
Edit

What Can the Fed tell the Market it Does Not Already Know?

December 14, 2022
Overview: The softer than expected US CPI drove the dollar and interest rates lower, while igniting strong advances in equities, risk assets, commodities, and gold. Calmer market conditions are prevailing today, and we suspect that in the run-up to the FOMC meeting, a broadly consolidative tone will emerge. The dollar is mostly softer, but within …
What Can the Fed tell the Market it Does Not Already Know? What Can the Fed tell the Market it Does Not Already Know? Reviewed by Marc Chandler on December 14, 2022 Rating: 5
Edit

US CPI ahead of FOMC Outcome Tomorrow

December 13, 2022
Overview: The dollar softer against the G10 currencies ahead of today’s CPI report and the FOMC meeting the concludes tomorrow. Emerging market currencies are most mixed. The Hungarian forint leads the complex with around a 1% gain on news of a preliminary deal struck with the EU. The South African rand is the worst performer, off around 0.8%, as …
US CPI ahead of FOMC Outcome Tomorrow US CPI ahead of FOMC Outcome Tomorrow Reviewed by Marc Chandler on December 13, 2022 Rating: 5
Edit
Chinese Yuan Jumps While the Dollar recovers After Losses were Extended Against the Euro and Sterling Chinese Yuan Jumps While the Dollar recovers After Losses were Extended Against the Euro and Sterling Reviewed by Marc Chandler on December 05, 2022 Rating: 5
Edit

China Steps away from the Abyss and Animal Spirits are Rekindled

November 29, 2022
Overview: Chinese officials using the carrot and the stick have succeeded in dampening the protests and easing some anxiety and rekindled the animal spirits. Hong Kong’s Hang Seng rallied 5.25% and its index of mainland shares surged 6.20%. South Korea and Taiwan indices gained more than 1%. Among the large bourses, only Japan failed to advance. S…
China Steps away from the Abyss and Animal Spirits are Rekindled China Steps away from the Abyss and Animal Spirits are Rekindled Reviewed by Marc Chandler on November 29, 2022 Rating: 5
Edit

China Shakes Markets, Euro Shakes it Off

November 28, 2022
Overview: The surging Covid cases in China and the protests in several cities seemed to set the tone for today’s session. Equities are lower. China, Hong Kong, Taiwan, and South Korea were marked down the most. Of the large bourses, only India escaped unscathed. Europe’s Stoxx 600 is off more than 0.8% and US futures are poised to gap lower. Bond …
China Shakes Markets, Euro Shakes it Off China Shakes Markets, Euro Shakes it Off Reviewed by Marc Chandler on November 28, 2022 Rating: 5
Edit

US Jobs and Eurozone CPI Highlight the Week Ahead

November 26, 2022
Two high-frequency economic reports stand out in the week ahead:  The US November employment report and the preliminary eurozone CPI. The Federal Reserve has deftly distanced itself from any one employment report. As a result, it would take a significant miss of the median forecast (Bloomberg survey) to alter market expectations for a 50 bp hike w…
US Jobs and Eurozone CPI Highlight the Week Ahead US Jobs and Eurozone CPI Highlight the Week Ahead Reviewed by Marc Chandler on November 26, 2022 Rating: 5
Powered by Blogger.