-
16 March 2023
156 KB
PDF
- Housing starts: jump in multi-family; marginal increase in single-family
Share
-
15 March 2023
243 KB
PDF
- Retail sales: pause in February
- PPI: food prices drop; energy prices ease; continued deceleration ex. food & energy
Share
-
14 March 2023
260 KB
PDF
- Bunds followed the global trend notably lower, as they partially reversed yesterday’s massive gains, while Italian IP numbers started the year on the backfoot.
- Gilts similarly made large losses, while UK wage growth moderated slightly amid a still relatively tight labour market.
Share
-
14 March 2023
1272 KB
PDF
- SVB collapse in part rooted in pandemic deposit-boom and mismanaged securities portfolios
- Delayed Credit Suisse annual report raises further questions on its ability to clean house
- Primary markets for FIGs and SSAs were highly active at the beginning of the week but sentiment soured as markets were grappling with the SVB fallout
- Secondary market spreads mixed in EUR and wider for USD but expectations for further hikes have been curtailed somewhat, most notably in the U.S.
Share
-
14 March 2023
152 KB
PDF
- CPI: underlying inflation remained brisk in February
Share
-
14 March 2023
1272 KB
PDF
- SVB collapse in part rooted in pandemic deposit-boom and mismanaged securities portfolios
- Delayed Credit Suisse annual report raises further questions on its ability to clean house
- Primary markets for FIGs and SSAs were highly active at the beginning of the week but sentiment soured as markets were grappling with the SVB fallout
- Secondary market spreads mixed in EUR and wider for USD but expectations for further hikes have been curtailed somewhat, most notably in the U.S.
Share
-
10 March 2023
578 KB
PDF
- As investors responded to signs of financial stress at SVB, Bunds followed USTs sharply higher, while final German inflation data for February provided no surprises.
- Gilts also rallied hard despite a modest upside surprise to UK GDP growth in January.
Share
-
10 March 2023
285 KB
PDF
- Labour market: hints (but only hints) of supply/demand rebalancing
- Interest rates: a long-term perspective
Share