Market Quick Take - June 3, 2020
The global rally in stocks continues with the market increasingly pricing in a V-shaped recovery as policymakers unwavering support for asset markets and pledge to do more has succeeded in detaching markets from reality, for now. The dollar declined for a fifth day against its peers while the JPY dropped to the lowest since January against the euro.
Chart of the Week : Wall Street vs Main Street
Our 'Macro Chartmania' series collects Macrobond data and focuses on a single chart chosen for its relevance.
Market Quick Take - May 29, 2020
US markets finished the day almost unchanged after pulling to new highs for the cycle briefly yesterday as caution returned on US President Trump announcing that today would bring new measures against China. The intensifying concerns linked to US-China tensions have likely driven the cautious stance in Asian markets overnight.