The Weekly Bottom Line: Yields Drift Higher, As Macro Narrative Shifts
U.S. Highlights The big news this week was U.S. Treasury yields reaching the highest point […]
Week Ahead – Powell’s Jackson Hole Speech Will be Must-See TV
US The main event for next week will be the Kansas City Fed’s Jackson Hole […]
Canadian Retail Sales Likely Little Changed in June
The latest retail sales numbers will be scrutinized for signs of continued excess demand in […]
Performance of Key Market Instruments When 10-year US Yield Rises Above 4%
August is traditionally seen as a quiet month, but once again significant developments are taking […]
Eurozone PMIs Important for Euro Next Week
Economists see another rate hike in the euro area, but some skepticism remains about whether […]
Week Ahead – All Eyes on the Jackson Hole Symposium
It’s a light week in terms of economic data, with the most important releases being […]
Weekly Focus – PMIs Next Week Could Be Decisive for ECB and Fed
Over the last week, we have seen bond yields trend upwards, probably driven by a […]
Australian Dollar Lower on Evergrande Bankruptcy
The Australian dollar’s slide continues Evergrande bankruptcy raises contagion fears It has been all red […]
British Pound Edges Lower on Soft Retail Sales Report
UK retail sales post a sharp decline Rainy weather and high prices weighed on consumer […]
Dollar Gained Some Ground But Failed to Really Gain Momentum
Markets Both the US 10-yr and 30-yr yield tested the autumn 2022 cycle high yesterday, […]
The Everything Selloff
The global selloff intensified yesterday, after the FOMC minutes released Wednesday highlighted that the Federal […]