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Sunrise Market Commentary: Euro Hammered As Trichet Failed To Confirm A June Rate Hike
For global core bonds, the only way was upECB's Trichet surprised the market by not preparing them for a June rate hike, US jobless claims jumped higher (further questioning the strength of global...
Daily Financial Market Outlook
The key event today will be the release of the US April Employment Report. Having risen by 216k in March we look for payrolls to have gone up by a further 200k last month. As Fed Chairman Bernanke...
Sunrise Market Commentary
US Equities fell for a third consecutive session on Wednesday as economic data failed to meet expec- tations and commodity prices continued to decline. The S&P dropped by 0.69% led by materials...
Daily Financial Market Outlook
Two months ago, today's Monetary Policy Committee meeting looked like a red letter day for financial markets. Then, markets priced with near certainty the prospect of a Bank Rate hike to 0.75% today....
Sunrise Market Commentary: Sterling Hammered After Disappointing UK PMI
Global core bonds end mixedUS Treasuries booked modest gains whereas German bonds closed lower. The moves were insignificant as this week the focus remains on tomorrow’s ECB meeting and...
Did you know
TED spread
Defining TED spread TED spread is the acronym formed by the T-Bill, which is the short-term U.S. government debt, and the ticker for the Eurodollar futures contract. Primarily, the TED spread was...
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