-
24 March 2022
591 KB
PDF
- As the German government agreed new measures to ease the pain from high energy prices, Bunds made losses while the flash PMIs suggested a moderation in euro area growth amid worsening supply-chain challenges.
- Gilts were little changed as the UK PMIs suggested firm economic growth in Q1 but a deterioration in business confidence, and a retail survey suggested that sales have been subdued this month.
Share
-
23 March 2022
155 KB
PDF
- New home sales: back-to-back declines.
Share
-
23 March 2022
547 KB
PDF
- Bunds made gains as the euro area consumer confidence index posted the second-steepest monthly decline in the history of the survey.
- Despite an upside surprise to UK inflation and an easing of fiscal policy, Gilts outperformed as the DMO planned less debt issuance than expected.
Share
-
21 March 2022
1032 KB
PDF
- Political pressure and looming sanctions make European banks look towards an exit from Russia, fraught with challenges.
- Improved market sentiment encourages FIGs to access primaries with large deals and long tenors. New issue concessions remain in the double digits.
- Secondary market spreads experienced modest tightening in EUR, while central bank action provided a degree of certainty to USD markets which saw spread tightening across payment ranks.
Share
-
18 March 2022
560 KB
PDF
- Bund made modest gains as euro area labour cost growth slows in Q4 and the goods trade balance recorded a third consecutive deficit in January.
- Gilts continued yesterday’s rally on a quiet day for UK economic data.
Share
-
18 March 2022
277 KB
PDF
- FOMC: behind the inflation curve, but racing to catch up.
- New set of risks: war, not Covid.
Share
-
18 March 2022
751 KB
PDF
Share
-
17 March 2022
219 KB
PDF
- Housing starts: rebound to an elevated level.
- Industrial production: firm manufacturing activity; weather-related softness at utilities.
Share