Moving Markets

Fed Governor Waller eases rate hike fears

Markets received a boost from stronger-than-expected economic data in Switzerland and resilient activity across the eurozone. In the US, dovish comments from Federal Rese

Yields pause, markets find their footing, Yen gains, gold rises

Equity markets found their footing as oil prices and Treasury yields paused their recent rise, while US economic data and Fed commentary reinforced a resilient growth out

Global bond yields climb ever higher

Renewed fighting in the Middle East sent oil prices and bond yields higher yesterday as gold lost its lustre and equity markets retreated. Inflation data in the eurozone

Oil jumps and yields rise on renewed Middle East tensions

Renewed US-Iran tensions impacted global markets yesterday, pushing oil prices higher and weighing on equities. Bond yields rose, with Japan’s 10-year bond yield actually

Rate hike expectations rise after Warsh’s speech at Jackson hole

Following hawkish remarks from Federal Reserve Chair Kevin Warsh at Jackson Hole, markets have repriced expectations for US monetary policy, with traders now assigning a

The View Beyond: Why the short end looks sweet

With yields at historically attractive levels and the yield curve offering attractive opportunities, fixed income is drawing renewed attention from investors seeking both

The NVIDIA rally yesterday and Kevin Warsh's speech today

NVIDIA added USD 442 billion to its market capitalisation yesterday, with gains spreading beyond chipmakers into software and cybersecurity stocks amid strong earnings re

NVIDIA delivers fuelling the AI trade

Markets traded largely sideways ahead of the earnings release from NVIDIA, the world’s most valuable company by market capitalisation. After the US market close, the comp

Falling oil prices calm markets ahead of inflation test

Markets found their footing yesterday despite an intensification of US sanctions on Iran, as traders focused on the shift towards economic rather than military pressure a

Equities pause for breath ahead of Big Tech earnings

Both the S&P 500 and the Nasdaq Composite ended Monday's trading session lower as chip stocks faltered, while the Dow Jones gained 0.25% on the day. It was a similar stor

US inflation data, Nvidia, and Jackson Hole will shape the week ahead

Stronger-than-expected US PMI data could not save equities from a down week as rising bond yields and the Treasury's bond-buying intervention renewed dollar debasement fe

The View Beyond: Strong Q2 earnings season supports broader equity story

The Q2 earnings season delivered a strong set of results, with positive surprises across sectors and regions. As investors look ahead to the remainder of the year, the br

Stocks dip as oil and bond yields rise

Markets largely dipped yesterday as geopolitical tensions, rising oil prices and disappointing guidance from Walmart weighed on investor sentiment. After yields fell on W

Fed Minutes trumped by US Treasury announcement

The US Treasury provided a boost to bond and equity markets yesterday, announcing that it will more than double repurchases of 10, 20, and 30-year debt in the next few mo

Bonds in freefall, tech in trouble

A global bond sell-off sent yields to multi-year highs, dragging equities lower as tech stocks bore the brunt amid persistent inflation concerns. Yet Bank of America's fu

Rising US Treasury yields and Anthropic’s momentum

Higher oil prices and rising bond yields weighed on equity markets, pushing global stocks lower at the start of the week. US Treasury yields remained in focus as strong c

Yields rise, oil surges and Japan leads the markets

Global market performance was mixed last week, with Japanese equities emerging as the standout winner, driven by strong gains in technology and semiconductor stocks. Mean

The View Beyond: Has the AI correction bottomed out?

With Korean semiconductor stocks down nearly 50% from their June peak, has the AI correction finally run its course? Where could the next leg of the AI rally come from, a

Stocks at highs, bonds reprice and the bear case for oil

US equities continued their upward climb this week, supported by a series of encouraging inflation releases, while European stocks have taken a breather after hitting rec

Tech stocks rally as inflation cools

The latest US inflation data came in in line with expectations and reinforced the view that the Federal Reserve is likely to keep interest rates unchanged in September. T