Topic: Daily Market Updates

Disinflation is coming to Europe, US yields tumble after 12-day streak, and Chinese data pressures global equities.

Markets cheer US debt limit extension, euro now negative year-to-date, and UK shop inflation hits another record.

Euro unresponsive to higher yields, yield explosion unable to help the pound, and treasury cash reserves plunge below $50 billion.

Pause, hike, cut. The dynamics of Fed pricing. Mood darkens in Germany and the pound’s bipolar reaction to CPI.

Stubborn UK inflation fuels rate-hike bets whilst dollar is steady amid haven demand and hawkish signals. Euro becoming numb to hawkish ECB speak.

Carry trades in spotlight, GBP/JPY lingers near 7-year high, and PMIs might aggravate EUR woes.