US benchmark 10-year Treasury yields rose for the seventh consecutive week. Such a streak was seen at the start of 2018 and late Q1/Q2 2009 and 2004, but none longer. The US dollar was mostly firmer,...
Equities have more stable footing today, despite yesterday’s losses in the US, as the relative stability in the bond markets bolster risk-appetites. Led by a 2.7% rally in Hong Kong, which matches its largest advance...
Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a minor gain. Equities are mostly higher in the Asia Pacific...
Despite a soft close in US indices yesterday, global shares are on the march again today. Led by China and Hong Kong, most large markets in the Asia Pacific region advanced today. Officials gave approval...
Rising prices feature in many economic forecasts for the US. It is seen as part of the reflation meme as the vaccines roll out. There seem to be three threads to the discussion. The first is...
Investors have turned cautious ahead of the weekend. The US dollar is firmer, stocks are struggling, bond yields are higher, and gold and oil are consolidating. Profit-taking was seen in Asia Pacific equities, and even...
Initially, the markets built on Tuesday’s price action, but as soon as a few counties in Florida indicated that it was not going to be the “blue wave,” risk came off, and it was most...
The two recent market developments, push lower in stocks, and higher in the dollar is continuing. Tuesday’s gains in the S&P 500 and NASDAQ were unwound on Wednesday and this is helping drag global markets...
The drop in US yields to new lows amid paralysis in Washington, except apparently over a lip-syncing app’s threat to US national security, sent the dollar back to its lows after a modest recovery in...
The powerful momentum moves in the capital markets continues unabated by escalating US-China tensions and continued spread of the virus. Asia Pacific equities were mixed. Tokyo was closed for a holiday, but several other large...
The S&P 500 rallied 1.6% yesterday to extend the streak to a fifth consecutive session, and the longest of the year and completed the negation of a bearish technical pattern. However, the main feature today...
The combination of rising virus cases and the sell-off in the US before the weekend dragged nearly all the Asia Pacific bourses lower. The Nikkei led the way with more than a 2% drop, but...
