Podcast Episodes

Wednesday: US bond yields JOLTed lower

US bond yields are down sharply this morning and US stocks are up on hopes the Fed won’t have to hike next month.

In part one of a bonus deep-dive int…

2 years, 8 months ago

Tuesday: China stocks rally fizzles out

China’s authorities moved over the weekend to stimulate stock market activity, but an initial 5% surge has faded overnight.

In our bonus deep-dive int…

2 years, 8 months ago

Monday: Fed talk boosts US$ over 146 yen

The US$ is strong above 146.4 yen after the Fed warned inflation was still too high and it may have to hike again. Traders are on high alert for BoJ …

2 years, 8 months ago

Friday: Rates jitters return ahead of Jackson Hole

US stocks are down around 1% and US Treasury yields are up 3-5 basis points on concerns big central bank speeches tonight could be hawkish. US second…

2 years, 8 months ago

Thursday: Global flash PMIs surprisingly weak

US stocks and bonds are rallying after the first indicators of global business activity in August were much weaker than expected, reinforcing market …

2 years, 8 months ago

Wednesday: PBoC escalates currency support

The PBoC has bolstered support for the renminbi, fixing the rate well above market expectations and squeezing funding costs higher for short sellers.…

2 years, 8 months ago

Tuesday: High US rates driving strong US$

The US dollar strengthened again overnight to over 146 yen, thanks to another surge in the 10-year Treasury yield to 4.35% ahead of a key Fed speech …

2 years, 8 months ago

Monday: All eyes on PBoC and Jackson Hole

China is expected to cut a key lending rate today and all eyes this week will be on Jerome Powell, who starts the Jackson Hole symposium on Friday ni…

2 years, 8 months ago

Friday: US 10-year yield at 16-year high

The US 10-year Treasury yield jumped to 16-year highs overnight on growing talk the Fed will have to hike again. Risk-sensitive currencies are weak o…

2 years, 8 months ago

Thursday: US factories humming on IRA, CHIPS

US industrial production data was much stronger than expected overnight. The RBNZ held its cash rate, but hinted it may have to do a bit more inflati…

2 years, 8 months ago