Global markets The ‘no-landing’ correction in global equities continued last week, with the S&P 500 down a chunky 2.9% and US 10-year bond yields rising another lazy 0.10% to 4.44%. The key catalyst, of course, was the Fed meeting. While the Fed kept rates on hold …

Global markets Global equities consolidated last week despite a slightly higher-than-expected US core CPI and a further gain in bond yields. The ongoing rise in oil prices is emerging as a new market concern, while US activity data remained firm. …

Global markets Global equities pulled back last week as bond yields edged higher, with markets reflecting concerns regarding overly strong US economic growth and the ongoing strength in oil prices. …

Global markets Continued ‘Goldilocks’ reports out of the United States helped support equity and bond markets again last week, with the S&P 500 rebounding for the second week in a row. US 10-year bond yields edged lower over the week to 4.18%, from an end-week high …

Global markets Soft economic data and a less threatening than feared Jackson Hole speech by Fed chair Jerome Powell allowed US bond yields to steady last week and stocks to recover somewhat. …

Global markets US stocks weakened for the third week in a row under pressure from rising US bond yields and concerns over the Chinese economic outlook. Strong US retail sales in July along with the market’s hawkish interpretation of the minutes of the Fed July policy …

Global markets US stocks continued their consolidation last week, after a strong run over previous weeks as the ‘soft landing’ scenario started to become the consensus call. Indeed, last week there was a sense that the good news now appeared largely priced in, with equities and …

Global markets After a strong run in recent weeks, US stocks pulled back last week due to a sharp rise in bond yields which, in turn, reflected the Fitch credit downgrade and official plans for higher US long-term public debt issuance. The US July payrolls report, …

The ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 1.0%. There were various reasons for investors to remain upbeat: the Fed hiked rates but displayed a more neutral outlook, the Q2 US earnings reporting season remained encouraging (thanks to …

Global markets The effective ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 0.7%. Although earnings misses by Netflix and Tesla briefly weighed on markets, the overriding narrative remains that of growing hopes of a soft landing given resilient economic growth, easing inflation, and …