A choppy session for oil as the market digests the impact from sanctions, while copper prices hit fresh record highs ...
The US and South Korea reached a broad trade deal, keeping reciprocal tariffs at 15%, including on autos and parts, and ...
In the US, buying T-bills is of no benefit to longer bonds as a stand-alone measure. And MBS bonds confirmed as still rolling off. Also, longer tenors react poorly to muted anticipation of a Federal ...
Despite this, the market continues to believe that a rapidly cooling jobs market will require more aggressive action. Around ...
This warns against getting excited about a CAD recovery versus most other G10 currencies, also considering the risks of ...
Spain’s economy grew by 0.6% over the third quarter, following a robust second quarter, as external demand weakened. With ...
When the Fed delivered a well-telegraphed 25bp cut in September, the dollar rallied. Back then, USD positioning was heavily ...
The US remains in a steady state along the coupon curve. But there’s a lot going on in the money markets pipes as repo ...
US consumer confidence dipped again and remains on par with where we were during the pandemic. Concerns about the potential ...
All in all, the batch of October confidence data provides tentative evidence of a decent start for the final quarter of 2025.
For the eurozone today, we have some releases from the ECB. Three-year consumer inflation expectations are expected to remain ...
Meanwhile, the risk of sanctions continues to provide a boost to middle distillates The initial positive sentiment around ...