Markets Domestic and global topics triggered an accelerating sell-off in both on bond and equity markets with especially the long end of the bond curves underperforming. Yields in the UK, German/EMU and Japan hit “highest levels since…”. US Treasuries which recently reacted more muted also incurred ‘more-than-modest’ losses. The UK again severed as a point […]
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Key takeaways: After rays of light in Q1, the Chinese data batch for April released overnight threw a bit of cold water on the recent signs of improvement in domestic demand. Retail sales growth dropped Read more…
USD/JPY climbed to 158.93 on Monday, marking the yen’s sixth consecutive session of decline. The Japanese currency is under pressure from a stronger dollar amid rising expectations that the Federal Reserve may raise interest rates Read more…
Gold came under renewed pressure earlier today, briefly breaching below $4,500 level as the recent decline resumed. Although the precious metal later recovered some ground, the broader near-term outlook remains tilted to the downside as Read more…