No big moves on financial market. January US inflation figures came out a bit below expectations, which reinforced the wait-and-see attitude and perplexity in a context of raising inflation fears. The main market mover will be jobless claims data today. The EUR/USD was stable yesterday around 1.2130.
Although bond yields eased a little, equity markets continued their downward correction yesterday and the trend continued in Asia. The inflation rate in China eased to +0.8%, but…
The markets, which had welcomed the Fed’s 75bp rate hike, finally revised their judgement significantly afterwards. Concerns about growth took over, leading to a sharp drop in…