Despite widespread international recognition of Palestine as a state, many Western nations say they will only endorse Palestinian statehood as part of a comprehensive peace agreement with Israel. France has become the first G7 country to announce its intention...
Across sectors, employees are functioning in a state of chronic stress. What was once considered “pushing through” is now diagnosed as burnout—a syndrome recognized by the WHO, characterized by emotional exhaustion, cynicism, and reduced performance....
The US dollar is mixed, but the spotlight is on the Japanese yen. It appears that with the market challenging Monday’s intervention, Japanese officials entered the market shortly after the US equity market closed yesterday,...
The capital markets are quiet today. Equity markets and bond yields have a slight upside bias, while the dollar is little changed. Despite reports that the lockdown in Chengdu is easing, Chinese equities underperformed in...
The sell-off in European bonds continues today. The 10-year German Bund yield is around four basis points higher to bring the three-day increase to about 22 bp. The Italian premium over Germany has risen by...
Russia’s decision to cut gas supplies to Poland and Bulgaria and the sharp sell-off in US equities yesterday casts a pall over the markets today. But not the dollar. The euro punched through $1.06 for...
Record high closes yesterday for the S&P 500 and NASDAQ have done little to help global equities today. Most of the Asia Pacific region markets, but Japan and Australia slipped ahead of the weekend while...
The biggest rally in US equities in four months has helped stabilize global shares today. In the Asia Pacific region, Japan, China, and Australian markets advanced. Led by information technology and consumer discretionary sectors, Europe’s...
A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...
Australia and the UK have signed a free trade deal as Britain seeks to find alternative markets in the wake of Brexit. The deal was hailed by British Prime Minister Boris Johnson as “a new...
After seeing its pre-weekend gains pared yesterday, partly due to some disappointing data, the US bounced back today. It is posting broad gains, and the euro has been sold through last week’s lows. Among the...
The capital markets are mostly quiet ahead of the ECB meeting, today’s highlight. The rise in US equities yesterday is helping lift equities today. The MSCI Asia Pacific Index snapped a two-day fall, and Europe’s...