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Another new 2024 high for US 10-year yields
US treasury yields have continued to push higher, printing a new 2024 high (also highest since November last year).As commodities stay supported, and as expectations of a higher-for-longer Fed continues to build, it makes sense why yields are pushing higher.The...
ING explains risks that could see US 10-year yields back at 5%
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Yellen says will not rule out tariffs on China’s green exports
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TSMC agreed to 6.6bln subsidy for TSMC Arizona chip production
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Marginal pressure in oil on reports that Iraq made progress with export pipeline to Turkey
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Swiss sight deposits (CHF): 452.13bln vs 448.05bln previous
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What is priced for major central banks before this week’s main events
Not a lot of big changes since last week, but important to see what markets are expecting as we head into this week's main events.RBNZ: Markets are pricing in about a 96% chance of a first cut by the bank at their August meeting. After their recent dovish tilt I don't...
Israeli ground operation in Rafah depends on the hostage deal
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Market Outlook for the Week of 8-12 April
On Monday, SNB Chairman Thomas Jordan is scheduled to speak at an event hosted by the SNB in Zurich. While these events typically don't prompt significant market volatility, it's worth monitoring in case Jordan discusses inflation or potential rate cuts. Following...
Treasury Yields Climb and Investors Anxiously Await March’s Inflation Reading!
Economists expect inflation to rise from 3.2% to 3.4%, but the monthly incline to be lower than the previous month. The Dow Jones sees its worst week of 2024, but stocks rebound on positive employment data. The US economy added a further 303,000 more employed...
Yellen says exchanges with Chinese officials have advanced US interests
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German industrial output mm 2.1% vs 0.3% expected
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Senior official says gaps to a deal between Israel and Hamas remains large
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Former Japan FX official says rapid FX moves could trigger intervention at any moment
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Swiss unemployment rate unadjusted 2.4% vs 2.4% expected
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It’s time for earnings season again
Apart from a busy economic calendar, we also have earnings season to focus on this week.Below is a quick look at what is coming up from the always helpful Earnings Whispers:Earnings week ahead (8-12 April 2024)The bank names on Friday will garner attention as always....
Japan eco watchers poll 49.8 vs 51.3 prior
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Quick look at the week ahead
Hope everyone had a great weekend and is ready to get stuck into the new week.Let's start with a quick look across the week ahead.Before we start with the calendar, it goes without saying that the geopolitical situation will be in focus this week as well. Here is a...
ForexLive Asia-Pacific FX news wrap: Gold hit another record high, this time above US$2350
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