JGB Yields Push, US 10-Year Treasury Yield Reaches Highs, UK Unemployment
JGB yields hit 30-year highs as yen weakens; US yields climb on inflation fears, equities slide, UK wages stay firm.
EDWARD HAYDEN-BRIFFETT
Research Analyst, The Officials
Posts authored by Ed
Softer Dollar, Chinese Data Lands Below Consensus, Urban Unemployment Up
Softer US data eases Fed hike bets; China’s July growth misses across the board, with weak retail and property weighing.
Oil Near $90, European Heatwave May Wipe EU GDP Growth, Upcoming Data
Brent nears $90 as Libya attacks and weak Hormuz flows tighten supply; heat threatens EU growth, while Australia signals inflation risks.
Credit Markets Wary of AI Boom, Chinese Inflation, Japanese Service Sentiment
AI credit risks rise; China inflation softens, Japan data strengthens, but yen weakens despite hawkish BoJ signals.
Warsh’s First FOMC, Big Tech Earnings Missed, Upcoming Data
Warsh's Fed held rates, yields surged, cuts repriced lower, inflation fears grew, and markets now await BoE, PCE and GDP.
USD Continues to Weaken, Gold Stands Out, Gilts Modestly Softer
Weak US jobs cooled Fed hike bets, USD slipped, gold rallied, while JPY stayed in focus amid intervention warnings.
US CPI Increase, Japanese PPI Exceeds Expectations, US Gov Deficit
US inflation jumps to 4.2% on energy costs as global producer prices rise and market volatility returns.
China exports surge 19%, Korea and Saudi GDP beat forecasts, markets steady after selloff.
China exports surge 19%, Korea and Saudi GDP beat forecasts, oil eases on Iran peace talk, markets steady after selloff.
Bitcoin Drops to Key Lows, Inflation Warnings, Japanese Real Wages Rise
Bitcoin nears $60k as markets await payrolls, while central banks stay cautious on inflation and growth.
RBA Raises Cash Rate, Rupee Hits Record Low, Euro Manufacturing PMIs
RBA hikes, hawkish on inflation; rupee hits record low on oil surge and outflows; Europe PMIs strong; UK sales boosted by policy effects
Lower Market Optimism, Gold Down, Treasury Yields Climb
Optimism fades as Iran strikes extend; equities fall, yields rise, jobs weaken, energy prices surge despite strong PMI data
Big Week For Central Banking, Aggressive UK Bond Yield Moves
Federal Reserve, Bank of England, European Central Bank hold; hawkish tone lifts yields, GBP jumps, Germany faces deflation.