JEM News and Press, Barclays Bank PLC

Many large markets in the Asia-Pacific area fell by more than 1%, including Japan, Hong Kong, South Korea, and New Zealand. Singapore, India, and China's Shenzhen Composite were notable exceptions and posted minor gains. After reaching record highs yesterday, the Dow Jones Stoxx 600 h...

The dovish ECB's forward guidance and the unexpected rise in weekly US jobless claims to a two-month high sent bond yields tumbling. The US 10-year pulled back from 1.30%, and benchmark yields in the eurozone fell to new 3-4 month lows. New record virus cases in Sydney cast a pall ove...

Growth-oriented asset classes are likely to shine, but not equally. Above-trend growth is a supportive environment of risky assets like equities or credit. On valuation grounds, equities are looking a little cheaper. Geraldine Sundstrom and Erin Browne discuss PIMCO’s views...

The US jobs report and OPEC+ decision are awaited. The dollar remains bid. While the focus is on the employment report, the US also reports May's trade balance (deterioration is expected) and May factory orders. Only the yen and Canadian dollar are showing a hint of resilience, th...

With the outcome of the FOMC meeting awaited, the dollar is narrowly mixed in quiet turnover. The Scandis are the weakest (~-0.3%) among the majors, while the Antipodeans are the strongest (~+0.25%). Equity markets are mixed, with the MSCI Asia Pacific Index succumbing to profit-t...

The recovery of the US 10-year yield is helping the US dollar firm. The Chinese yuan rose to new three-year highs today, and its 1.1% gain on the week is the most since last November. While the yen is bearing the burden on the week, with a 0.8% loss, the Antipodeans are leading th...

The Fed can't taper Quantitative Easing (QE) without really hurting the market. Tapering of QE will signal a shift by the Fed to tighter monetary policy. Tapering will signal the end an era of Fed ease and the onset of higher inflation and interest rates, the market’s event...

The inability of US equities to sustain yesterday's rally provided an initial headwind to trading in the Asia-Pacific region today. Europe's Dow Jones Stoxx 600 gapped lower, and information technology, materials, and energy were the largest drags. US equity futures are seeing fol...

US inflation accelerating more than expected, following which the US 10-year yield jumped, providing a nice concession at the quarterly refunding and lifting the dollar broadly. The sharp sell-off in US shares, which continues today, with the futures indices off 0.3-0.5%, knocked Asia...

After falling 1.15% last week, the MSCI Asia Pacific Index traded heavily today, with only Australia and New Zealand bucking the move. Europe's Dow Jones Stoxx 600 fell for the second consecutive week to the end of April and is struggling to sustain early upticks today. US S&P...