The big news overnight in the UK is that Boris Johnson has bowed out of the race to become the next UK prime minister. He said that he had cleared "the very high...
Will continue to put all effort into achieving price targetIt is extremely unfavourable that Japan's inflation oustrips wage growthThe headline remark suggests that we are not likely to see a BOJ pivot of...
We're seeing another fresh round of bids in the dollar as Treasury yields continue to pull higher on the day. 10-year yields are up nearly 10 bps to 4.32% and that is keeping...
The latest numbers are showing that Rishi Sunak has secured the backing of 45 Tory lawmakers, with Boris Johnson having 37 backers, and Penny Mordaunt with 16 backers. These are MPs who have...
And so it continues. The pandemic was the initial trigger for Germany suspending its debt brake and things haven't really gotten back on track since then. Considering the bleak outlook for next year,...
10-year Treasury yields are now up over 5 bps to 4.28% and that is pinning equities lower, with S&P 500 futures now down 22 points, or 0.6%, on the day. Nasdaq futures are...
