DBEU News and Press, Xtrackers MSCI Europe Hedged Equity From 07/26/24

2024-07-26 06:56:00 ET Summary The powerful yen short squeeze that has roiled the capital market this week has stalled today. It is the first day this week that the dollar has not fallen below the previous day's low and has risen, though slightly, above previous session's high. ...

2024-07-26 05:30:00 ET Summary We saw a change in tone in the US as yields reverted higher, but a decent 7yr auction settled things down. It’s all about the PCE deflator now. The risk for bond bulls is a 0.3% on the core reading. We think 0.2%, but there’s the risk. ...

2024-07-26 03:35:00 ET Summary Improving inflation and growth scenarios should enhance the equities and bond dynamic for multi-asset investors. Global economic conditions continue to normalize, led by strength in the US and more stability in the euro area and UK. With pandemic...

2024-07-25 08:20:00 ET Summary I highlight the differences on four major dimensions - political structure, exposure to war/violence, extent of corruption, and protections for legal and property rights, with the focus firmly on the economic risks rather than on social consequences. ...

2024-07-25 07:40:00 ET Summary The second quarter began with inflation concerns causing a negative return in April, but improved inflation led to a more hopeful market in May and June, with AI and semiconductor stocks leading. During Q2, growth, momentum and quality factors perfor...

2024-07-25 06:57:00 ET Summary The powerful short-covering rally of the yen and unwinding of carry trades continues. For the second time this week, the PBOC has surprised by cutting interest rates. The US 2-10-year yield curve is the least inverted in two years (~-13 bps), whi...

2024-07-25 05:15:00 ET Summary US manufacturing PMI slipped back below 50 and new home sales weakened, although the services PMI did manage to edge higher and is indicating a mild expansion. We continue to view the environment as prone to more risk-off, higher volatility and lower...

2024-07-25 02:30:00 ET Summary The flash PMI survey data for July brought the news that inflationary pressures continued to moderate, with cooling service sector price growth in particular adding to evidence that the ECB's inflation target is in sight. The seasonally adjusted HCOB...

2024-07-24 09:30:00 ET Summary The July PMIs show that the eurozone economy is losing further momentum, as both the manufacturing and services sectors see activity slowing. For the eurozone, the July PMI composite index came in at 50.1, from 50.8 in June. Available soft and ha...

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....