Week End Blog – Wanted: Easy Monetary Policy
Didn’t you love the military parade in China? Not because of the military ‘gadgets’ that were showcased, but primarily because Chinese markets were closed for a couple of days. Some […]
Tag Archives: PMI
Week End Blog – Emerging Market Meltdown!
Forget about Greece, emerging markets are the latest recipe for market turmoil. Especially China, where the economy looks to be in worse shape than anticipated, is causing quite a few […]
Week End Blog – Brexit and Painful Reversals
This week in two words: Bond Collapse. What started as ‘just’ an impressive rise in interest rates last week, turned into a real bond crash this week. The German 10-year […]
Six Charts to make you Suspicious of the Chinese Equity Market Rally
While equities around the world are getting severely hit this December, one market stubbornly rallies on. For the Chinese stock market lower oil prices, the demolition of Russia, and the […]
Week End Blog – China slowdown, Eurozone resilience and American windfall
Welcome to the Week End Blog. This week’s main macro number had to be Chinese GDP growth for Q3. Year-on-year GDP growth came in at 7.3%, slightly above expectations. Yet, […]
Week End Blog – Starring Mr. Draghi and many others
Draghi did it again. His words already proved very convincing, but now that the time for action has come, Draghi delivered as well. In what was quite a surprise, the […]
Week End Blog – High Yield Shivers, Rate Conundrums and Poker Profits
It long seemed endless, the powerful rally in high yield bonds. But investors grew more cautious in recent weeks, pushing the prices of high yield bonds down. The positive correlation […]
Week End Blog – Payrolls, more payrolls, PMI’s and June returns
This week we reached the end of June, which was friendly for financial markets. All asset classes yielded positive returns, except one. Agricultural commodities prices went down by 2.5%. Gold […]
Weekend End Blog – The ECB delivers, slowing BRICS and Missing Volatility
The ECB monetary policy meeting yesterday was the financial event of the year, so far. As expected the ECB lowered interest rates, including an introduction of a negative deposit facility […]
Weekend End Blog – Europe, more Europe, Emerging Unrest and Ripple
This week, peripheral bonds took center stage. After a massive rally, the market suddenly decided to get rid of them. Spreads widened aggressively, only to revert in the last couple […]
