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7 April 2022
608 KB
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- Bunds followed USTs lower as the ECB account confirmed that Governing Council members remained divided about the risks to inflation, while euro area retail sales and German IP made only modest gains in February.
- Gilts also made modest losses on a day bereft of top-tier UK data.
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7 April 2022
150 KB
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- Unemployment claims: sharp revisions because of a shift in seasonal adjustment.
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6 April 2022
580 KB
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- Longer-dated Bunds followed USTs lower as euro area producer price inflation rose to a new record high, but German factory orders fell short of expectations and the euro area construction PMIs fell sharply.
- Gilts also made losses while the UK construction PMI survey signalled ongoing solid expansion in the sector.
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6 April 2022
116 KB
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- FOMC minutes: open to shifts of 50 basis points...
- ...anxious to start balance sheet reduction
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5 April 2022
476 KB
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- As the EU looked to ban imports of Russian coal, Bunds followed USTs lower despite some downbeat data from the euro area’s manufacturing sector.
- With the final UK services PMIs pointing to firm growth at the end of Q1, Gilts also made big losses despite some weak car registration data.
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1 April 2022
223 KB
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- Employment: below average, but still solid.
- Unemployment: workers are returning to the labor force and finding jobs.
- ISM manufacturing: firm activity despite elevated prices and supply-chain difficulties.
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1 April 2022
594 KB
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- Bunds made losses as the flash estimate of euro area inflation in March smashed expectations, albeit principally due to higher energy prices.
- Gilts made more substantial losses at the shorter end while the UK manufacturing PMIs for March were revised down.
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1 April 2022
334 KB
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- Labor market: individuals are entering the labor market, and finding jobs.
- 10-year/2-year yield spread: recession signal or benign?
- Corporate profits: little growth in Q4, but still impressive.
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