by Warren Head | Mar 22, 2023 | Currency, Economy, Global Share Markets, Money Market
Equities and global rates are higher, encouraged by the moves of authorities to support the banking system, says BNZ Markets this morning. “There is now slightly more conviction that the Fed will deliver a 25bps hike in the next 24 hours.” Says Jason Wong, senior...
by Warren Head | Mar 21, 2023 | Currency, Economy, Global Share Markets, Market Commentary, Money Market
Market conditions have been volatile following the deal brokered over the weekend for UBS to buy Credit Suisse, notes BNZ Markets this morning. The US 2-year rate has traded a 40bps range. Both the 2 and 10-year rates are currently higher on the day. Equity markets...
by Warren Head | Mar 17, 2023 | Currency, Economy, Global Share Markets, Money Market
17.3.23 Market sentiment has improved over the past 24 hours. Equity markets are up, bond yields generally higher and flatter, credit spreads tighter and the fear factor has eased somewhat, says BNZ Markets. “Some big moves continue in rates, not so much in...
by Warren Head | Mar 13, 2023 | Free, Global Share Markets, Latest News
13.3.23 Warren Head The US Government has moved to settle financial uncertainty following the collapse of Silicon Valley Bank, the 16th largest bank in the US, and a specialist lender to tech start-ups. Employees of Silicon Valley Bank have been offered 45 days of...
by Warren Head | Mar 3, 2023 | Currency, Global Share Markets, Money Market
3.3.23 Global rates have continued to push higher, not helped by strong Euro area inflation data and a revision that saw higher US unit labour cost inflation alongside still-low jobless claims figures, xsays BNZ Markets this morning Equity markets remain surprisingly...
by Warren Head | Feb 14, 2023 | Currency, Global Share Markets
14.2.23 If there were any market nerves ahead of the release of tonight’s key US CPI report, it isn’t obvious by looking at overnight trading, says Jason Wong at BNZ Markets. “Perhaps a reflection of how the market traded through last week, when US equities fell and...
