-
1 December 2020
372 KB
PDF
- With risk appetite strong and German labour market data resilient, Bunds sold off and the euro strengthened even as euro area inflation remained at a record low and new car registrations fell sharply.
- Gilts also made losses as UK house price inflation rose to the highest since early 2015.
Share
-
30 November 2020
364 KB
PDF
- Bunds made losses even as a measure of German inflation dropped more than expected to its series low.
- Gilts also made losses as UK mortgage approvals rebounded despite a further fall in unsecured consumer credit.
Share
-
27 November 2020
692 KB
PDF
- Bunds were little changed as the Commission survey signalled a widespread deterioration in euro area economic sentiment but flash French inflation figures surprised on the upside.
- Gilts were also little changed ahead of the resumption of the EU-UK negotiations tomorrow.
- The coming week brings the flash November estimate of euro area inflation as well as new data on car registrations and retail sales, while ECB policy-makers will make final public comments before the next policy meeting.
Share
-
26 November 2020
337 KB
PDF
- The U.S. economy: early evidence on Q4 growth
- FOMC minutes: highly favorable views on QE and 13(3) facilities
Share
-
26 November 2020
376 KB
PDF
- Bunds made gains as national consumer surveys signalled a deterioration of sentiment, euro area bank lending to NFCs remained subdued, and the ECB’s flagged growing concerns about the outlook.
- Although late reports hinted that a breakthrough on fisheries might be close, Gilts made gains as reports for much of the day suggested that little progress had been made in the EU-UK negotiations.
Share
-
24 November 2020
506 KB
PDF
- On a day of positive risk appetite, Bunds made losses as the ifo business survey suggested only a relatively modest drop in German GDP in Q4.
- Gilts also made losses as a survey also suggested that UK retail sales remain relatively resilient in Q4.
Share
-
24 November 2020
166 KB
PDF
- Consumer confidence: stalled at a low level
Share
-
23 November 2020
324 KB
PDF
- Fed credit facilities: winding down
- Inflation expectations: a new measure to guide Fed decisions
- Recent economic statistics: not so bad
Share