beeld op balkon van achteren

6 December 2019

AFS Morning Comment December 6 2019

Markets have been whipsawed by trade headlines and generally weaker than expected US economic data this week, resulting in declines for bonds, stocks and the dollar. For the week US Treasury yields are up 3-5bps…

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Lnd voor EMIR

5 December 2019

AFS Morning Comment December 5 2019

Markets are still all over the place because of contradictory trade talk headlines. Take the US 10y Treasury yield for example, which had plunged to 1.70 by late Tuesday from 1.84 on late Monday on…

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Digital figures over high way

4 December 2019

AFS Morning Comment December 4 2019

And just like that, the newsflow on trade talks turned sour. It started with Beijing’s foot-dragging in the past weeks on a ‘phase 1’ deal by demanding a rollback of some or all existing tariffs…

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Mecurius

2 December 2019

AFS Morning Comment December 2 2019

US Treasury yields and Asian equity markets are on the rise following economic data that showed that the slowdown in the global manufacturing sector is bottoming out. The upbeat Asian economic data should come as…

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jauke scherm

27 November 2019

AFS Morning Comment November 27 2019

In a rather odd development, President Trump’s remarks last evening that a ‘phase 1’ trade deal is really close has failed to boost risk sentiment in a meaningful way this morning. Asian equities are showing…

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ecb

25 November 2019

AFS Morning Comment November 25 2019

If you were looking for clues on ECB monetary policy last Friday, Christine Lagarde’s second speech as central bank President was again disappointing. Like the first speech, Lagarde failed to give any hints on future…

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