Overview: There is a nervous calm in the capital markets today after a late sell-off in US equities yesterday on the back of concerns about new virus cases in some states and revelations in a new book by former National Security Adviser Bolton. Asia Pacific equities were mixed, though, of note, China, Hong Kong, Taiwan, …
Markets Finding it Difficult to Rebuild Bullish Momentum Read More »
Overview: Investors seem to be in want of new drivers, leaving the capital markets with little fresh direction. While Japanese and China equities were little changed, several markets in the region, including Australia, Hong Kong, Taiwan, and India, were off more than 1%. European bourses are mostly higher after the Dow Jones Stoxx 600 slipped 0.4% …
Overview: It appears after a few days of miscues, US officials struck the right chord, and the global capital markets seemed to stabilize shortly after the US session ended. President Trump’s press conference today is expected to spell out in greater detail relief for households and businesses. Asia Pacific equities rallied, led by a 3% …
The prospect of a third trade truce between the US and China helped underpin the optimism that extended the rally in equities. Bond yields continued to back-up after dropping precipitously in August, led by a more than 30 bp increase in the US yield benchmark. The Dollar Index fell for the second consecutive week, something …
No fewer than thirteen central banks meet in the week ahead. The UK and the US report the latest inflation figures, and the US and eurozone report industrial production. The eurozone sees the flash PMI for December, and the Japan’s latest Tankan business survey will be released. Most of the central banks that meet will …
FOMC and ECB Highlight Central Banks’ Last Meetings of the Year Read More »