Topic: Daily Market Updates
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Dominant dollar rebounds after setback
When there is no alternative to the dollar. Pound heavy on US/UK growth outlook divergence. Data releases erase weekly EUR gains.
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Risk sentiment improves as yields retreat
Ackman puts the lid on US yield surge. Pound breaks north of trendline as PMIs loom. Euro breaks above $1.06 on lower oil and US yields.
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War lingers but focus shifts to macro again
Three implications from two weeks of war. Big week for Europe – is the continent bottoming? Risk-sensitive sterling suffers.
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Investors embracing higher yields
Has the Fed lost control over the 10-year yield? Euro set to record best week since July. GBP/EUR at 5-month low after retail sales miss.
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Global risk aversion grips markets
US 2-year yield closing in on 22-year high. EUR/CHF eyeing lowest weekly close on record. Pound buckles under global risk aversion.
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Markets cautiously support China’s data
Strong US data amid rising tensions. UK stagflation fears persist. Euro is hoping for a Chinese comeback.