International Communique No. 389 – REASSURING MACRO DATA
REASSURING MACRO DATA The prospect of an imminent ending of the ECB’s restrictive monetary policy led to firmer equity markets in Europe last week. Macroeconomic data out of China was [...]
REASSURING MACRO DATA The prospect of an imminent ending of the ECB’s restrictive monetary policy led to firmer equity markets in Europe last week. Macroeconomic data out of China was [...]
EQUITY MARKETS RESUME THEIR ASCENT Last week equity markets rekindled their uptrend after the release of macroeconomic data showing a slowdown in US business activity. In the fixed income space, [...]
EQUITY MARKETS RECOVER MARGINALLY Equity markets bounced softly last week but bond yields gave up ground. A mixed bag of macroeconomic data and disappointing results from a number of US [...]
EQUITY MARKETS IN THE RED Investors ‘saw red’ last week as concerns over the state of the Chinese economy and the possibility of a Fed rate hike in September turned [...]
INFLATION PICKS UP PACE Equity indices ended the week pointing in different directions amid the recent upturn in bond yields and inflation stats. Yields at the 10-year mark swung upwards [...]
AMERICA'S CREDIT RATING CUT Markets were firmly in the red last week, dragged lower by mixed corporate results and the US credit rating downgraded by Fitch from AAA to AA+. [...]
INFLATION EASES IN US Despite initial corporate earnings figures that prompted some head-scratching, the markets were lifted by the downturn in inflation in the US, which suggests that an end [...]
US ECONOMY UNDER STRAIN Macroeconomic data released last week showed a moderate slowdown in business activity together with a resilient labour market, stoking fears of continued tight monetary policy from [...]
REASSURING MACRO DATA Equity markets bounced last week on the back of soothing macroeconomic data. Consumer confidence in the US improved sharply in June, with the confidence index recovering to [...]
EVIDENCE OF ECONOMIC SLOWDOWN Equity markets retreated last week on the back of deteriorating global economic indicators, while rate-setters continued pursuing restrictive monetary policies. The yield on 10-year US government [...]