US 2-year yields are up 22.5 basis points today as they smash through the old top of 4.36% and hit 4.50% for the first time since 2007.It's really tough to make the case...
We're in the final countdown to CPI. I wrote up a full preview yesterday and it's going to be a big market mover.There are two inflation numbers: headline and core and they're measured...
Credit Agricole CIB Research discusses the scope for further JPY intervention."USD/JPY has surpassed intervention levels and broken through 146 in a test to the MoF's resolve to hold the line.
In terms of...
Expect big market moves on Thursday.In a taste of what's to come, US equities are down around 10% since the previous CPI report a month ago. In it, inflation rose 8.3% y/y compared...
Oil is struggling today on demand worries but supply will be the story next year.The latest numbers from the EIA peg US output rising 500,000 barrels per day this year versus 540,000 bpd...
Closing changes for the main markets in Europe:Stoxx 600 -0.3%UK FTSE 100 -0.8%German DAX -0.2%French CAC -0.1%Italy MIB -1.0%Spain IBEX -1.3%If the BOE hadn't walked back Bailey's comments, it certainly could have been...
