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2023-04-17 07:20:00 ET Summary Anticipation of a robust GDP figure tomorrow helped lift Chinese equities by more than 1% today to lead the advance among Asia-Pacific equities. Europe's STOXX 600 is edging higher to extend is winning streak for the sixth consecutive session. US...
2023-04-15 10:32:00 ET Summary The US economy expanded by 2.6% at an annualized rate in Q4 and the latest Bloomberg survey conducted at the end of last month found a median forecast of 1.3%. Before the bank stress emerged, the market had priced in a peak Fed funds rate of nearly 5...
2023-04-14 07:20:00 ET Summary US equities rallied strongly, with the major indices up more than 1%. US equity futures are softer. The MSCI Asia Pacific Index is at its best level in two months. Europe's STOXX 600 is up for the fifth consecutive session and is approaching the ...
2023-04-14 03:25:00 ET Summary Advances in key technologies and supportive policies have driven significant cost declines and the early adoption of clean energy. Massive recent public sector investment programs in the U.S., Europe, China, Japan and beyond could accelerate adoption...
2023-04-13 07:25:00 ET Summary Asia-Pacific equities were mixed. While China, Taiwan, and Australia slipped lower, Japan, South Korea, Hong Kong, and India gained. Europe's STOXX 600 is up for the fourth consecutive session, and US equity futures are posting modest gains. The ...
2023-04-12 12:35:00 ET Summary FX markets currently price a 30% chance that USD/JPY trades at 120 at, or even before, the end of the year. 120 is our year-end forecast and is premised on the US going into recession and the Fed cutting rates by 100 basis points later this year. ...
2023-04-12 07:20:00 ET Summary Today's highlight is the March US CPI. Headline price pressures are easing but the core rate is sticky, and the odds of a hike next month have crept up. Asia-Pacific region equities were mostly higher, and Europe's STOXX 600 is advancing for the thir...
2023-04-11 07:15:00 ET Summary The dollar rose yesterday but is trading with heavier bias today, though mostly confined to yesterday's ranges. Yesterday's setback in the yen helped lift Japanese stocks, with the Nikkei advancing 1%. Several other markets in the region also gai...
2023-04-10 08:15:00 ET Summary In the Asia-Pacific region, Hong Kong, Australia, and New Zealand, and the Philippines markets were closed. All the regional bourses advanced but China. European markets remain closed. US equity futures are narrowly mixed. The dollar is trading q...
2023-04-08 10:12:00 ET Summary Bank shares rose in Japan and Europe for the second consecutive week, but the KBW US bank index fell nearly 2% after increasing 4.6% in the last week of March. The US two-year yield was above 5% before the flare-up of banking stress and dropped to 3....
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