DBEU News and Press, Xtrackers MSCI Europe Hedged Equity From 07/24/24

2024-07-24 07:05:00 ET Summary The dollar's gains have been extended today, but in the risk-off mode, and unwinding of carry positions, the Japanese yen and Swiss franc are firmer. The US 10-year yield is a little lower, around 4.23%, but it remains within the range set on Monday....

2024-07-24 06:00:00 ET Summary The ECB’s Luis de Guindos identified September as a good month for a rate cut decision as new macroeconomic projections will be in. PMIs are coming in for the US and Europe and will be watched for signs of economic weakness. As the Ha...

2024-07-23 07:45:00 ET Summary We continue to grapple with the implications of Biden’s exit on markets. There have been some jumpy movements, but the big picture has not changed much. Weaker growth data later this week should help the EUR curve do some steepening. ...

2024-07-23 07:05:00 ET Summary The US dollar is firmer against all the G10 currencies but the Japanese yen. The euro eased to a seven-day low, a little below $1.0865, while sterling is holding above $1.29. Mainland Chinese shares tumbled, with the CSI 300 falling more than 2% ...

2024-07-20 04:20:41 ET Summary Americans fear their country is spiraling out of control following an assassination attempt on Donald Trump, with worries growing that the Nov. 5 election could spark more political violence, a Reuters poll found. Markets are said to hate uncertainty...

2024-07-20 04:00:00 ET Summary The European Central Bank’s July monetary policy meetings tend to be uneventful, and this year proved no exception. Given the ECB’s reaction function, we expect the ECB to continue lowering rates at staff projection meetings and therefo...

2024-07-20 03:20:00 ET Summary Global consumer spending growth remained resilient in the second quarter, according to PMI survey data from S&P Global Market Intelligence, fueled by rising demand for both goods and services. The overall expansion in the second quarter nonethele...

2024-07-20 00:15:00 ET Summary This week, markets were influenced by trade war fears, US political developments, and a global cyber outage. In Asia, the Japanese yen weakened, and Chinese authorities remained silent on economic goals despite weak data. Next week, US PCE and GD...

2024-07-19 04:20:00 ET Summary The ECB decided to keep rates on hold as expected, and markets received little forward guidance. We see a continuation of the global macro trend for steeper curves, driven by the prospect of future cuts. We saw something similar for the Gilt curv...

2024-07-18 07:15:00 ET Summary The ECB is not likely to cut at this meeting and will likely refrain from committing to future cuts. Markets are very close to pricing in two more 25bp cuts for this year, which limits the scope for the short end of the curve to come down. In Fra...