Stuart Ritson

USTs and currency markets stay in narrow ranges ahead of US CPI. Brent crude at $88/bbl, the highest levels since January and up 20% since June on tightening supply. China consumer and producer prices both fell

USTs and currency markets stay in narrow ranges ahead of US CPI. Brent crude at $88/bbl, the highest levels since January and up 20% since June on tightening supply. China consumer and producer prices both fell

Markets took direction from the weaker than expected US payrolls data amid the mixed signals. Their jobless rate dipped to 3.5% and average hourly earnings were stronger than expected. The USD fell sharply as did UST yields

Markets took direction from the weaker than expected US payrolls data amid the mixed signals. Their jobless rate dipped to 3.5% and average hourly earnings were stronger than expected. The USD fell sharply as did UST yields

Chinese equities advanced with officials announcing more measures to support the construction sector and boost consumption. The Bank of Japan announced an unscheduled bond purchase operation to slow the move higher in JGB yields

Chinese equities advanced with officials announcing more measures to support the construction sector and boost consumption. The Bank of Japan announced an unscheduled bond purchase operation to slow the move higher in JGB yields

Growing hopes that the US economy can achieve a soft landing where the US Federal Reserve gets inflation under control without triggering a recession. US data showed a cooling in inflation pressures

Growing hopes that the US economy can achieve a soft landing where the US Federal Reserve gets inflation under control without triggering a recession. US data showed a cooling in inflation pressures

Weak purchasing manager surveys in the US and Europe raise concerns about the strength of the global economy. Expectations of large-scale Chinese stimulus being pared back

Weak purchasing manager surveys in the US and Europe raise concerns about the strength of the global economy. Expectations of large-scale Chinese stimulus being pared back

Investors look ahead to central bank policy decisions from the Federal Reserve, European Central Bank and Bank of Japan this week. Japan CPI higher than expected

Investors look ahead to central bank policy decisions from the Federal Reserve, European Central Bank and Bank of Japan this week. Japan CPI higher than expected

‘Soft-landing’ narrative for the US economy gaining momentum amid signs of cooling inflation. US consumer sentiment index easily beat expectations. US treasury yields rebounded. The US Dollar got support from higher US treasury yields

‘Soft-landing’ narrative for the US economy gaining momentum amid signs of cooling inflation. US consumer sentiment index easily beat expectations. US treasury yields rebounded. The US Dollar got support from higher US treasury yields

Softer than expected US inflation data contributed to large moves across global markets. US equities reach 15 month highs. US treasury yields are lower and the US dollar is sharply weaker

Softer than expected US inflation data contributed to large moves across global markets. US equities reach 15 month highs. US treasury yields are lower and the US dollar is sharply weaker

US treasury yields moved lower led by the front end. Curve maintains recent steepening move. Soft consumer and producer price data in China raise concerns

US treasury yields moved lower led by the front end. Curve maintains recent steepening move. Soft consumer and producer price data in China raise concerns

Weaker US payrolls data contributes to lower front end US Treasury yields. 10-year yields marginally higher, up 20bps for the week. Canada payrolls data surprises with strength

Weaker US payrolls data contributes to lower front end US Treasury yields. 10-year yields marginally higher, up 20bps for the week. Canada payrolls data surprises with strength

US economic data beats expectations across durable goods, consumer confidence and new home sales. US equities and Treasury yields higher post-data. PBoC shows increasing discomfort about recent weakness in the Yuan

US economic data beats expectations across durable goods, consumer confidence and new home sales. US equities and Treasury yields higher post-data. PBoC shows increasing discomfort about recent weakness in the Yuan

Global equity markets fell on Friday contributing to the largest weekly pullback since the US regional banking crisis began in March amid concerns about the growth outlook. Advance PMIs for June suggest that the Eurozone economy has slowed sharply

Global equity markets fell on Friday contributing to the largest weekly pullback since the US regional banking crisis began in March amid concerns about the growth outlook. Advance PMIs for June suggest that the Eurozone economy has slowed sharply

Federal Chair Powell said policymakers expect interest rates will need to move higher to slow down growth and contain price pressures. Markets are pricing about a 75% chance of a 25bps rate hike at the July meeting. UK inflation continues to run hot

Federal Chair Powell said policymakers expect interest rates will need to move higher to slow down growth and contain price pressures. Markets are pricing about a 75% chance of a 25bps rate hike at the July meeting. UK inflation continues to run hot

The Yen fell on the Bank of Japan decision to leave monetary policy settings unchanged. EUR/JPY and NZD/JPY make multi-year highs. US consumer sentiment rose more than expected. Five-to-10-year inflation expectations dipped to 3.0%

The Yen fell on the Bank of Japan decision to leave monetary policy settings unchanged. EUR/JPY and NZD/JPY make multi-year highs. US consumer sentiment rose more than expected. Five-to-10-year inflation expectations dipped to 3.0%

US equities edge higher in quiet markets. Traded volumes were the lowest since October last year. US Treasury yields higher with yield curve continuing recent flattening trend

US equities edge higher in quiet markets. Traded volumes were the lowest since October last year. US Treasury yields higher with yield curve continuing recent flattening trend

US payrolls data easily beat expectations which provided upward momentum for stocks and higher US Treasury yields. Services ISM unexpectedly fell to 50.3 from 51.9 in April with the prices, new orders and employment subcomponents all falling

US payrolls data easily beat expectations which provided upward momentum for stocks and higher US Treasury yields. Services ISM unexpectedly fell to 50.3 from 51.9 in April with the prices, new orders and employment subcomponents all falling

US agreement in principle to increase the US Debt ceiling and US personal consumption and PCE higher than expected sees USD higher. Asian policymakers scramble to support their currencies

US agreement in principle to increase the US Debt ceiling and US personal consumption and PCE higher than expected sees USD higher. Asian policymakers scramble to support their currencies

Comments by Federal Reserve Chair Jerome Powell appeared to support a pause at the June FOMC. US treasury yields and US Dollar move lower following Powell’s comments

Comments by Federal Reserve Chair Jerome Powell appeared to support a pause at the June FOMC. US treasury yields and US Dollar move lower following Powell’s comments

Weak US consumer confidence. Inflation expectations at 12-year high. US Dollar makes largest weekly gain since February. NZ yields lower and steeper following RBNZ inflation expectations survey

Weak US consumer confidence. Inflation expectations at 12-year high. US Dollar makes largest weekly gain since February. NZ yields lower and steeper following RBNZ inflation expectations survey