Archive for: March, 2022

Weekly Market Update

Post date: 31/03/2022 19:00 The worldwide inflationary episode continues to upend expectations and historical correlations. The bloodbath in world bond markets took a turn for the worse last week, sending the 10-year Treasury yield close to the psychological level of 2.50% that was crossed at the start of this week. However, world stock markets continue…

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Weekly Market Update

Post date: 22/03/2022 06:18 Stock markets and risk assets generally posted impressive moves last week, discounting the impact of the Russian invasion of Ukraine and treating Fed hawkishness as a case of “buy the rumour, sell the news”. As an example of the optimism pervading financial markets, European stock indices closed the week at essentially…

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Weekly Market Update

Post date: 14/03/2022 12:32 The ECBs unambiguously hawkish messaging last week did not stop the euro from sinking to new lows as concerns mount over stagflation or worse. We also saw a significant rebound in Eastern European currencies led by the Polish zloty, as central banks in the region both raised interest rates aggressively and/or…

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Weekly Market Update

Post date: 07/03/2022 12:38 European currencies sink, dollar soars as the news from Ukraine get grimmer. The worsening humanitarian and security crisis brought about by the Russian invasion of Ukraine continues to buffet financial markets. There are volatile moves and a flight to safe havens everywhere, but European assets are being punished with particular severity,…

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