URR News and Press, Morgan Stanley ZC SP REDEEM 30/04/2020 USD 40 From 03/03/21

Led by a 2.7% rally in Hong Kong, Asia-Pacific markets all advanced. Europe's Dow Jones Stoxx 600 is up for the third consecutive session. US shares enjoy a firmer tone. The dollar is finding better traction in Europe, and sterling is a bit stronger ahead of the budget. Em...

The Reserve Bank of Australia remains committed to defending its 3Y target rate. Global yields start to stabilise. Equities pause after a strong rally. For further details see: FX Daily: RBA Remains Serious About Yield Containment

The large markets in the Asia Pacific region but India and South Korea fell. Europe's Dow Jones Stoxx 600 steady, recovering from initial losses. The Reserve Bank of Australia took no fresh initiatives, and the 3-year yield targeted at 10 bp is closer to 15 bp. US index future...

Most Asia-Pacific markets advanced 1.5-2.5% after the regional MSCI benchmark dropped 3.65% before the weekend and 5.3% last week. The Dow Jones Stoxx 600 was up around 1.55% near midday. US shares are trading higher, and the futures' benchmarks are up 1.0%-1.4%. The dollar bl...

Many investors took comments from Federal Reserve officials, especially the leadership, as evidence of complacency over inflation. As monetary support for the recovery/expansion was removed, the economy would weaken. A dramatic swing in Fed expectations helped spark a recovery, an...

One of the big moves in FX markets this week has been the upside break-out in EUR/CHF. Which has now traded up to the highest levels since October 2019. This is a big vote of confidence in the global recovery, and we see EUR/CHF on track to meet our year-end forecast at 1.15. ...

In Asia-Pacific, most large markets were off 2-4%, while smaller bourses such as Singapore, Malaysia, and Indonesia held up considerably better. Europe's Dow Jones Stoxx 600 is off around 0.65% in late morning turnover, and it is set to snap a three-week advance. US shares have st...

European shares are slightly firmer, led by energy and financials. US shares are narrowly mixed. The euro has pushed above $1.22, and the Australian dollar has surpassed $0.8000 as the greenback remains under broad pressure against the major currencies. Rising yields in the US...

All the markets in Asia-Pacific fell save India and Singapore. Most of the large markets in the region were off 1.5-2.5%. Europe's Dow Jones Stoxx 600 is posting minor gains in late morning turnover. US shares are firmer but little changed. Sterling spiked to almost $1.4240 in...

Flash Eurozone PMI edges up from 47.8 in January to 48.1 in February. Manufacturing expansion gains momentum, helping offset further service sector weakness. Germany outperforms amid factory strength. Prices jump amid supply constraints. For further details see: Euro...