26 November 2020

AFS Morning Comment November 25 2020

Will they won’t they? The Fed tilting QE purchases to overweight the long end from market neutral currently that is. The reasoning is that with the US in the midst of the third wave of…

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23 November 2020

AFS Morning Comment November 23 2020

Vaccine optimism still isn’t setting bond yields on fire, though equities are either consolidating or extending their vaccine breakthrough gains. In the holiday shortened week Asian equities outside Japan (closed for a holiday) are up,…

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10 November 2020

AFS Morning Comment November 10 2020

You’d think that Asian equity markets would also blow the roof off after the epic relief rally in Europe yesterday afternoon. However, gains for US equities had petered out towards the end of the session…

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5 November 2020

AFS Morning Comment November 5 2020

Turning to the US, with politics in Washington headed for a gridlock – a divided Congress and Biden in the White House – investors have pinned their collective hopes on the Fed offsetting the shock…

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29 October 2020

AFS Morning Comment October 29 2020

Before we discuss our own views on today’s ECB meet (again), here’s what consensus expects for the ECB to do next. According to a Bloomberg survey of sell-side economists the next round of pandemic bond…

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